The HMO Brothers

The HMO Brothers The place to come for all things HMO.
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The word “project’ is an overstatement, 2 of the 3 apartments are tenant, and we have a housing provider lined up to tak...
16/05/2026

The word “project’ is an overstatement, 2 of the 3 apartments are tenant, and we have a housing provider lined up to take the third. The only work needed is to bring the property up to compliance standards and decorate the communal area to make it a more pleasant place for tenants.

Do you have a marketing budget? When we first started out, we didn't but soon realised we needed one as we wanted off ma...
23/08/2021

Do you have a marketing budget?

When we first started out, we didn't but soon realised we needed one as we wanted off market deals!

This is a response from one of our marketing campaigns, the old "lettering" campaign does work.

This vendor has clearly kept a stack of letters and is working through them to sell his hmo.

There are loads of other ways to generate leads. What is your most effective marketing tool?

Is it just us that no wonder where you are on holiday, your mind just doesn't stop thinking "Property"?We are staying in...
18/08/2021

Is it just us that no wonder where you are on holiday, your mind just doesn't stop thinking "Property"?

We are staying in a SA in the Cotswolds, in a conerted barn which is lovely! Our host has a nice place, pretty well systemised so has done well to make this a passive investment.

It's hard not to peer into agent shops or rightmove to see what is around. There are loads of beautiful property out here in the Cotswolds, loads that can do with updating or converting into multiple units.

Anyway for now, I better get back to the holiday!

“All limits are self-imposed.” IcarusAs we get to the end of my home renovation, just snagging left (arghh), time to sta...
08/08/2021

“All limits are self-imposed.” Icarus

As we get to the end of my home renovation, just snagging left (arghh), time to start reflecting on the journey.

1)Was it easy managing individual trades?

No, pain in the arse. More hassle than it is worth. Don't do it unless you must. I'll do another post on that one day.

2)Did the project take longer than expected and cost more than planned?

Yes, life took over so had to outsource more jobs than planned and waiting for good trades took time!!!

3)Did i make mistakes in my areas of the renovation?

Yeah, of course, i am a finance guy after all. So it was a massive learning curve.

4) Do i regret not giving the reno to a builder? HELL NO!

Why you may ask, sounds terrible right?

For those that don't know me, i like to learn...I like to push the boundaries of what i can acheive...i like to grow and you know what, makes you proud when you reflect how much you have acheived! Getting hands on and into the detail has made me a better developer and landlord for sure!

The amount of times on this project i heard "why don't you just get a trade to do that?" or "why didn't you just get a builder to do it all?"

So if i can leave you with 2 takeaways:

1) Each experience shapes us, so don't be afraid to try something new and making mistakes is part of that journey!

2) Don't listen to others, push those mental boundaries!

Mansfield Project UpdateIt is so nice to give this property a makeover and bring it into the 21st century, of course not...
06/05/2021

Mansfield Project Update

It is so nice to give this property a makeover and bring it into the 21st century, of course not a 60 minutes makeover, this isn't tv 😂!

So what have we been up to:

- We have stripped most of the house now. Wallpaper on walls and ceiling a thing of the past!

- Plasterers have been in. Kitchen had tiles on every wall so that has been a pain to remove and resulted in the walls having to be replastered.The rest of the house has had a skim, love a newly skimmed wall :).

- Kitchen has been installed.

- All rooms have been painted.

- Flooring has started to go down in the bedrooms and the main hallway.

- Tiles to go down next in the kitchen.

- Getting materials is a job in itself, much harder now than it used to be to get materials and get them at a reasonable price!

On this project we haven't needed to play with the electrics or heating but we are getting new rads, spot lights dropped in to each room and new switches and sockets throughout which will really give it an updated look.

We didn't want to spend more than £10k on this as we just wanted to give it a light refurb and if we carry on the way we are, we'll be coming comfortably within budget and will have added value, so happy days.

More photos to follow :)

This one is a little closer to home, no punt intended! We recently moved homes and in true fashion this one we can add v...
10/04/2021

This one is a little closer to home, no punt intended!

We recently moved homes and in true fashion this one we can add value from day 1, the property can grow with the family and has multiple options.

This is a 1960 2 bed bungalow in greater London, probate purchase and as you see from the photos needs updating throughout, including the multiple leaks!

The best bit, the garden, corner plot with enough space to the side to double the footprint of the house on the ground before even starting on the first floor. So heaps of potential.

For now, a light refurb by our standards :).
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Reflection time on 2020How did your 2020 go?Did Covid affect our plans? Unfortunately YES it did. Did we still grow our ...
28/12/2020

Reflection time on 2020

How did your 2020 go?

Did Covid affect our plans? Unfortunately YES it did.

Did we still grow our business ? YES in more ways than one.

Did we grow as individuals? Was a really good year of learnings and networking so YES

So all in all was it a succesful year, YES!!

Things don't always go to plan but we have to appreciate what has gone well and you will be suprised it is more than you expect!

We ended up the year with 100% occupancy across the portfolio with 2/2 tenancy renewals in December for a further 6 and 12 months and our tenant change for January is going through referencing, so we have got through a particularly quiet patch with 0 voids. Well done George! A really good win!

We have a purchase going through legals, so all in all a good way to start the New Year.

Merry Christmas all and hope 2021 is a much better year for us all.

Always nice get an offer accepted, looking forward to the next project!!! We were aiming for purchases once all the hype...
08/12/2020

Always nice get an offer accepted, looking forward to the next project!!!

We were aiming for purchases once all the hype in the market calmed down but some deals you just can't ignore 😁. If the deal stacks it stacks!

As an investor you can't just shut off from leads, from the occasional browse and from always seeking opportunities. A 247 business. Like Vegas but without all the glitz and glamour!

Looking to connect with those that have Liverpool properties to sell and we pay finders fees to make it worth your while if the deal stacks.

I hope  doesn’t mind us snapshotting his description however it really captured our attention. When you are spending hou...
09/11/2020

I hope doesn’t mind us snapshotting his description however it really captured our attention. When you are spending hours upon hours every week with no end in sight and nothing but a dream to hold on to it can get tough, but his life story is a testament to anything being possible. It really is.

Do you have a website? How often do you update your website? We created a website when we started to take property inves...
05/11/2020

Do you have a website? How often do you update your website?

We created a website when we started to take property investing seriously and recently have updated this to reflect our latest projects, what services we can offer and have added a new blog section.

We often find parties that we work with will google us to see what they can find online about us and we believe having such a prescence creates trust and allows one to do their own due dilegence. I know the first thing I always do is google a firm and depending on what I find or may not find, I may choose to work with them.

For us keeping a website that is transparent and professional reflects on our personal values so we see it as money well spent.

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