Today you're stuck with me I'm afraid as I'm digging deep into our own HMO story to share some insights into the investment strategy that helped us escape from the corporate world.
We've obviously shared some details of our story before in our monthly updates, but never have we looked at the HMO aspect in isolation, and whilst we've expanded our focus in recent years, HMOs got pretty much all of our attention between me leaving my day job, and Victoria then being able to do the same several years later.
They are without any doubt in my mind the highest consistent income that can be achieved from residential rental property, and I know what you might be thinking, it's easy for us because some of the first deals we did were quite a while back when property was cheaper and competition was less intense, but towards the end of the episode you'll hear about our most recent HMO project which we completed this year, and we've got plans to do many more.
So if you take one thing away from this, let it be that there are still phenomenal opportunities to invest in the HMO market.
Free Introduction to HMO Investing guide - https://www.insidepropertyinvesting.com/introduction-to-hmos
Free 5 Day Goal Setting Challenge - https://www.insidepropertyinvesting.com/2021-goal-setting-challenge