Today I'm delighted to be joined by Richard Nicholls, founder of The Property Advantage which as far as I can tell is the larger specialist HMO brokerage in the UK, helping landlords by selling HMOs they no longer want, and investors buy ready-made income-producing assets.
Richard's approach is to view every HMO the company sells, so with hundreds of transactions completed he's probably got a better insight into what makes a good HMO, and as importantly, what makes a bad one than virtually anyone else in the UK.
So why's he on the show today? Well, his business partner Jessica contacted me a few weeks ago and we had a good chat about the HMO industry and their unique insights into it. I explained that we were opening our Inside HMO Investing Programme at the end of March and that I'd love to present his story to show an alternative exit route for HMO landlords, as well as his general views on what is and isn't working with the properties he views and the HMO market generally.
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