The secret that most HMO property investors know
is that the cashflow at the end of the month is
double, triple or even quadruple the returns from
a single let property.
Taking a property and sub-dividing it into rooms
means that instead of one income source, you can
take advantage of multiple income sources from one
house.
A typical 4-bedroom house in Northamptonshire would
cost £200,000 and with rents of £950pcm;
the net cashflow at the end of the month after bills,
voids, maintenance and management would be £91.67
a month. Take the same house and rent out to young
professionals and even with substantial bills, your
net cashflow jumps to £606.66. This is a difference
of more than six times the return from a single
let property!
However, don’t be fooled into thinking that
it’s easier to get these types of returns
– its not unless you know what you are doing.
I speak to countless HMO landlords who have seen
an old large property with plenty of rooms, decided
that it would make a perfect HMO and bought it.
They’ve then not refurbished it correctly,
not put in the right type of furniture or facilities
– and suddenly that cash cow they thought
they had has actually turned into a money pit!
There
is another way though. The only different between
a successful investor and an average investor is
the application of the right knowledge using the
right guide. The right way is using a proven system
that works.
At the Millenia Group, we manage over 100 properties;
the vast majority being HMO’s of all types
and sizes. Hence we’ve seen every problem
that can be thrown at us and been able to find the
right solution.
We
use a 7-step system to:
• correctly identify an area of demand
• ensure the right property type is purchased
• budget professionally for the purchase and
refurbishment
• use the right marketing to get your property
known
• prepare the property the right way that
guarantees 50%+ conversion rates
• view a house so that no stone is left unturned
in turning a “no” into a “yes”
• manage the property to minimise your time
and maximise your profit
In
order to succeed in the HMO market, you need to
be following our proven 7-step system.
We’re running just two one-day intensive “HMO
Secrets” workshops in London this year and
you’re invited to learn the latest strategies,
tactics and tools that we use to run our six figure
business model.
Only Dates in the Diary!
Saturday 26th June 2010
Satuday 17th July 2010
Learn
more by going to www.hmosecretsworkshop.com
Spend
a full day learning the “7 HMO Secrets”
in detail!
- How
you determine what market you’re in (4xKM)
- The
3 specific types of houses we want to buy and
why
- How
to market your houses so that they rent quickly
in any market
- Tax-deductible
assets that can save you thousands in start-up
costs
- How
to systematize your business so that you don’t
have to manage it
- How
to control HMO properties without owning them
- invaluable
- You’ll
get a personal introduction to my team of experts
- And
much, much more...
- Normal
Cost £497 (as sold on www.hmocashflowsuccesssystem.com)
Plus
special bonuses
HMO
Business Builder Blueprint £77.00
HMO Resource CD £149.00
HMO Secrets Audio £27.00
TOTAL VALUE £750
SPECIAL
PRICE £97.00 ONLY!
Here
are some other resources to help you learn about
HMO's
Sign up for my free 10-part
ecourse on Building Your Own HMO Business:
www.hmocashflowsuccesssystem.com/lets-start-here.html
Beginner
– Intermediate (some idea about HMO’s,
is slightly jealous and wants to dip your toes in):
Check out my 90-Day Fast Start Action Guide and
30-page report for less than the cost of a meal
out
www.hmosurvivalguide.com
Once
you’ve got the Fast Start Guide, you can check
out the HMO Business Builder course for just £77.00
(but you need to get the HMO Survival Guide first).
Advanced
- (might have a HMO, wants to make a lot of cash
very quickly and believes in training from the number
one expert in the UK):
Check out the HMO Millionaire Business Bootcamp
from just £372.75 per person. If you want
to learn how me and my business partner took control
of over £2 million pounds worth of HMO’s
that make us over £7,000 NET every month for
just 10 peppercorns, then this is the ONLY place
to be and there will only be ONE workshop this year.
www.hmocashflowsuccesssystem.com
Matthew
Moody
01933460270
www.yourhmoexpert.com |