Should you manage your own HMOs, or pay somebody else to do it?
It’s one of the most common questions HMO investors ask, and the decision is often based on one thing: how much money you could save by self-managing.
But after nearly 20 years of investing in and managing HMOs, I can tell you there’s far more to consider than the management fee.
In this episode, I break down what managing an HMO actually involves, the pros and cons of doing it yourself versus outsourcing, and the real cost of management when you factor in your time, attention and responsibility.
🎯 What You'll Learn
The difference between being an investor and a property manager
What actually goes into managing an HMO day to day
The time, stress and responsibility involved in self-management
How management fees compare with the true cost of doing it yourself
The key questions to ask before deciding which route is right for you
If you’re currently self-managing your HMOs, or wondering whether you should, this episode will help you weigh up the options and make a properly informed decision.
💻 Resources & Mentions
Join my Accelerator Programme: If you’d like my direct input on your current or next project, you canwatch this videoor book a complimentary strategy call with mehere.
The HMO Roadmap: Feeling overwhelmed? Access 400+ tools, templates, and lessons to help you start, scale, and systemise your HMO business - all in one place.Join here.
The HMO Community: Got questions or need support? Come and connect with 10,000+ investors inside our Free Facebook Grouphere.
Social: Follow me on Instagram for daily HMO tips, advice, and behind-the-scenes updateshere.
Podden och tillhörande omslagsbild på den här sidan tillhör
Andy Graham. Innehållet i podden är skapat av Andy Graham och inte av,
eller tillsammans med, Poddtoppen.