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Richard Nicholls From The Property Advantage On Commercial Valuations, What Makes a Good HMO & What's Next For HMOs
What makes a good HMO? In this episode, I’m joined by Richard Nicholls of The Property Advantage. Richard has worked in property sales since he was 18 and has a unique oversight of the HMO property market because they specialise in selling HMOs. He spends a lot of his time up and down the country and in and out of HMOs giving him a good idea of what's going on all over the UK.So in this insightful conversation, we discussed:The variables involved in valuing properties and down valuationsThe types of HMO buyersWhat makes a HMO good or badThe importance of understanding your portfolioManaging expectations when investing in HMOsThe problem with overleveragingHis thoughts on the future of the HMO marketWas this episode helpful? Please leave us a quick review here if you enjoy this episode.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for more tips and advice! For instant access to more exclusive content and tools to help you start, scale, and systemise your HMO business, become a member of The HMO Roadmap today!<br/>