RM Homes

RM Homes RM Homes is a property Investment firm, growing investors capital through UK property acquisitions

Off we go again โœˆ๏ธ๐Ÿ‡ธ๐Ÿ‡ชโ›ท๏ธ๐ŸŽ‚๐Ÿฅณ
06/10/2023

Off we go again โœˆ๏ธ๐Ÿ‡ธ๐Ÿ‡ชโ›ท๏ธ๐ŸŽ‚๐Ÿฅณ

The roof is on the roof is on (not fire) ๐Ÿ˜†Hartley Road loft extension is making headway and taking shape closing in on w...
25/08/2023

The roof is on the roof is on (not fire) ๐Ÿ˜†

Hartley Road loft extension is making headway and taking shape closing in on water tight ๐Ÿ’ฅ

Solicitor Signing Day is here โœ๐Ÿป๐Ÿ’ฅSunโ€™s out guns out ๐Ÿ’ช๐Ÿปโ˜€๏ธ Just waiting for  to arrive now ๐Ÿ‘€
19/06/2023

Solicitor Signing Day is here โœ๐Ÿป๐Ÿ’ฅ

Sunโ€™s out guns out ๐Ÿ’ช๐Ÿปโ˜€๏ธ

Just waiting for to arrive now ๐Ÿ‘€

"๐Ÿ”‘ Should we sell the portfolio? ๐Ÿค”That's a question that many landlords and property investors  have been asking themsel...
22/05/2023

"๐Ÿ”‘ Should we sell the portfolio? ๐Ÿค”

That's a question that many landlords and property investors have been asking themselves since section 24 came into effect a few years ago. Last Wednesdays government announcement about the renters reform bill will undoubtedly be causing more to ask this again and seriously consider leaving the market.

๐Ÿšซ For us, the answer is a resounding NO. ๐Ÿ‘ We'll keep expanding our portfolio and acquiring more properties.

๐Ÿข๐Ÿ’ผ Renters Reform Bill: Embracing Change and Seizing Opportunities ๐ŸŒŸ

๐Ÿ’ชYes, the government is making things more difficult for landlords and property investors. However, with change comes opportunity.๐ŸŒˆ

๐Ÿ From our time running the lettings agency in London, we saw a lot regulation enter the lettings industry and we welcomed it. It had a positive impact for the best in class operators, forcing cowboys and amateurs out of the market place.๐Ÿค 

๐Ÿ”We predict a similar result with the impending introduction of this bill. Yes, it will create challenges and we are not naive to that.๐Ÿ’ผ Itโ€™s the landlords and investors who don't adapt to this change that will be left behind. We have no choice but to roll with the punches, besides if it was easy everybody would do it. ๐ŸฅŠ๐Ÿ’ฅ

๐ŸŽฏWe are looking forward to seeing the slum landlords, amateurs and accidental landlords that this will be the final straw for and that decide to sell their properties.๐Ÿค

๐Ÿค”That's our opinion, we'd love to hear yours, what you think about last weeks announcement and how it will affect the next five years of your growth if at all? We're really interested to everyone's thoughts on this one๐Ÿ’ญ

"

Will interest rates stop rising now? ๐Ÿค” They have gone up consecutively for the past 12 months & energy prices have soare...
13/05/2023

Will interest rates stop rising now? ๐Ÿค”

They have gone up consecutively for the past 12 months & energy prices have soared during this time too. ๐Ÿ“ˆ

No one is immune to these increased costs unfortunately. ๐Ÿ˜”

However us โ€˜okes are taking steps to help soften the blow and stay protected.

In fact we are rising to the challenge (see pic) byโ€ฆ

1๏ธโƒฃ Focusing on high cash & equity producing strategies

2๏ธโƒฃ Buying smart and stress testing new deals at 8-10% interest rates

3๏ธโƒฃ Reviewing our portfolio every week to reduce costs & increase rents to market rate

4๏ธโƒฃ In house management and saving 10-15% in agents fees

5๏ธโƒฃ Switching to a tenant self-check in/out & inventory system saving thousands of pounds

6๏ธโƒฃ Using an Energy broker to ensure we are on the best rates with short term contracts

7๏ธโƒฃ Educating our tenants on how to live efficiently to lower energy costs

8๏ธโƒฃ Keeping calm and carrying on buying quality property deals

Give us a โค๏ธ or hit us with a ๐Ÿ‘‹๐Ÿป if you found this useful.

Address

59 Castle Street
Greenwich
RG17SN

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