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In order for you and your contractors to stay organised during your HMO refurbishment project, you are going to want to draw up 4 documents or checklists. The first is a schedule of works. The second is a complete furniture checklist. The third is a full project schedule or diary and finally, you’ll need a room plan.
With HMOs, the issue of communal spaces comes up a lot. It is our view that a lounge will ultimately increase returns. The reason is simple, happy tenants who get on with one another, are more likely to stay.
When it comes to designing the space in your HMO the simplest rule to follow is to put the needs of your tenants first. If your tenants are happy, they will stay in your HMO for longer, which is good for the bottom line.
If you’re thinking about converting a property into an HMO, you’re going to have to think hard about the layout and en-suite bathrooms is an important factor to consider.
Adding value to a property often means renovation work but there are other, simpler ways to get more bang for your buck. Today, we’re looking at how to add value to an HMO without breaking the bank.
With HMOs, you need to think hard about room sizes. Do you need doubles, singles or something in between? Get everything right then your tenants will stay put.
When it comes to investing in property you will have heard the term ‘due diligence’ a lot – but what does it actually mean?
Today, we’re going to look at a two-part question. Firstly, is twenty thousand pounds to invest in property enough to get started? Of course. And secondly, is investing in leasehold property a good idea? Well, it certainly can be but there are a few things to check before you put in a bid.
How do you go about raising finance for buying an investment property. There is, of course, the traditional method which is through a mortgage but there are other options as well. These include putting together joint ventures and thinking hard about how to use the money you already have.
Rental demand in a given area is a relatively simple thing to calculate yet most property investors skip this essential step.
A property sourcer can expect to command a fee of between one and five thousand pounds a deal, depending on their work.
As a property sourcer, you don’t necessarily need contracts at all but the process will be more straightforward if you do.
The question we look at today is whether it’s better to invest your entire deposit pot in one property or spread it across two.
Property development is more than just planning, profits and paint. Property developers also need to know when to ask for help and who to ask for help from. Here, we present a list of development grants, in the north west.
Being able to spot property where value can be added is all about knowing how to spot the right renovation projects in your area. It’s easy to spend hours getting lost, trying to find investment opportunities, wading through listings and not getting anywhere. In today’s video, we show you a two-step strategy to easily find […]
Investing in property can significantly boost your pension plan, supply a full-time income and pave the way to a work-life-balance that most people can only dream of. But there is a high barrier to entry, right? It’s not all skill and knowledge.
Finding Those Below Market value (BMV) Property Deals, Hiding In Plain Sight In a rising property market, finding BMV property deals can seem like hunting for a needle in a haystack. But take it from me, it doesn’t have to be that way. When you know what to look for you’ll come to realise that […]
At its heart, building a successful property portfolio comes down to buying the right properties at the right prices. Today we are looking at the art of negotiation and at how it applies to getting a better price on a house.
Early 20th Century Housing: Council Housing From The Interwar Period by Trevor Yorke Trevor Yorke is an experienced author and artist who specialises in period architecture. For more information and to see a selection of his books you can visit his website, here. There are very few positives which can be written about the First […]
Have you ever noticed that most horror films use Victorian houses as a backdrop? There is something about the jagged roofline, ivy-clad walls and foreboding arched windows set behind high walled gardens which evoke mystery and fear.
If you want to build a property investment portfolio then you will need to master the art of negotiating your property deal. Here we look at negotiating on a house sale, directly with the vendor.
Edwardian houses have character, history, warmth and make fantastic family homes. They are also often primed for refurbishment that will add value.
Whether you are looking for long-term tenants or looking to sell them on, renovating houses can give you access to a goldmine. Today, Focused Projects, provide a 9-point guide on how to work with houses in need of renovation.
Repossessed properties can be great investments but buyers will tend to lose out because of one or more, of three issues. Hidden damage, gazumping and the speed of sale are all to be taken very seriously.
There is a lot of hype around multi-lets or houses in multiple occupation (HMOs) at the moment and for good reason. Here we look at single lets and multi lets and ask, which is the better investment?
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