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troyosagie, Author at Paul Preston™ https://paulpreston.thehmoguy.com/author/troyosagie/ Property Success Mentor Tue, 23 Apr 2019 12:59:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/paulpreston.thehmoguy.com/wp-content/uploads/2019/02/cropped-paul-preston-favicon-1.png?fit=32%2C32&ssl=1 troyosagie, Author at Paul Preston™ https://paulpreston.thehmoguy.com/author/troyosagie/ 32 32 159252678 The 5 HMO Market Sectors https://paulpreston.thehmoguy.com/the-5-hmo-market-sectors/ https://paulpreston.thehmoguy.com/the-5-hmo-market-sectors/#respond Tue, 23 Apr 2019 12:59:13 +0000 http://paulpreston.thehmoguy.com/?p=5970 In my last two articles we’ve covered exactly ‘what’ an HMO is, and ‘why’ you may want to be doing HMO’s – namely due to the MASSIVE cash flow and lifestyle that’s possible with theses types of properties. In this article, I’d like to cover the 5 main HMO market sectors, all of which have […]

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]]> In my last two articles we’ve covered exactly ‘what’ an HMO is, and ‘why’ you may want to be doing HMO’s – namely due to the MASSIVE cash flow and lifestyle that’s possible with theses types of properties. In this article, I’d like to cover the 5 main HMO market sectors, all of which have their own pros and cons, all of which can be very profitable, but need different considerations and approaches. The 4 HMO market sectors are: – Students – LHA / Housing Benefits – Workers – Professionals – Boutique / High End My personal HMO’s are all workers and professionals. I have never rented to students, but that’s only because I don’t have a University in my town, and not because I don’t think it’s a good market. Personally, I’ve not had the best experience with LHA tenants, but again I know a number of successful HMO landlords and investors that only do LHA. So really, what’s the best market then? Well, in my opinion, the best one is the one that’s best for you! If you haven’t got a University in your town, I’d guess it’s not going to be students for example. My bias is to workers and professionals and I have been able to achieve a very good track record of reliability with tenants who are working. Also, personally, I feel more affinity and rapport with working professionals and this helps be build good relationships with tenants. Ultimately, you need to decide which part of the market and which types on tenants you want, and really focus on that. There is a real benefit in focussing in just one sector as every enquiry is relevant to your properties and equally and every room / property you have is relevant to the person enquiring. It is of course ok to have different HMO’s, eg a few student houses and a few professional houses, but if doing this mixed strategy, the only rule I recommend is this: don’t mix and match in the same house. Eg, LHA does not mix with professionals, students don’t mix with workers….quite simply, it’s just a different tenant profile and for harmony in the house (which ultimately helps you leverage your time), stick with the same!

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]]> https://paulpreston.thehmoguy.com/the-5-hmo-market-sectors/feed/ 0 5970 Why Do HMO’s? https://paulpreston.thehmoguy.com/why-do-hmos/ https://paulpreston.thehmoguy.com/why-do-hmos/#respond Tue, 23 Apr 2019 12:56:53 +0000 http://paulpreston.thehmoguy.com/?p=5968 In this, the second of my series of articles about HMO’s and Multi-Lets we’re looking at why you should – and in my humble opinion ‘MUST’ – be using HMO’s as a key part of your property strategy. The short answer is this: HMO’s create LIFE CHANGING income. I’m not talking about £50-£100 per month […]

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]]> In this, the second of my series of articles about HMO’s and Multi-Lets we’re looking at why you should – and in my humble opinion ‘MUST’ – be using HMO’s as a key part of your property strategy. The short answer is this: HMO’s create LIFE CHANGING income. I’m not talking about £50-£100 per month here and there, I’m talking about substantial income, about £1,000 – £2,000 per month CLEAR PROFIT on every property! Some of my HMO’s produce 20 times the profit of some of my single lets, and with that type of income, you only need 1 good HMO property to effectively retire! Let’s look a this is little closer – the average salary in the UK is around £22,000 a year, so if you have one HMO that cashflows £1,800 per month (for example), this is £21,600pa…which give or take the pennies equates to the average salary in the UK, on just one property! On top of that, using my Secret Strategies to literally make money out of thin air (which I’ll cover in a future article), you can easily add a further £4,600 on this same example property, pushing the income to £26,200, which is 20% more than the average UK salary! Not bad for one house! Now think of it in these terms, and I’m going to work to round numbers here, but if each HMO property makes you a clear £20,000 a year profit, how many do you need?….then how many do you want? The lifestyle that these properties can help you create is nothing short of astonishing. Imagine this, 3 HMO’s, £60,000 a year income, working literally a couple of hours a week. Think about what you’d do when you not only have the income, but you also have your time back! I can honestly say that my life has changed since I did my first HMO and I’ve never looked back. Yes, I’ve made some mistakes and yes I’ve worked hard to make my model better and better over the years – it used to ‘only’ be £1,000 profit, per property, per month! – but now each HMO I buy will deliver me around £20,000 a year profit. So, now you know ‘why’ you want to do HMO’s! – because of the lifestyle, family time, holidays and quality of life you can achieve with literally just one or two properties. I’ll be talking more abut the different types/markets of HMO’s in my next article.

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]]> https://paulpreston.thehmoguy.com/why-do-hmos/feed/ 0 5968 Lessons From A Billionaire https://paulpreston.thehmoguy.com/lessons-from-a-billionaire/ https://paulpreston.thehmoguy.com/lessons-from-a-billionaire/#respond Thu, 28 Feb 2019 14:00:07 +0000 http://paulpreston.thehmoguy.com/?p=1917 Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic […]

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]]> Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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]]> https://paulpreston.thehmoguy.com/lessons-from-a-billionaire/feed/ 0 1917 Property Investments (A Path to happiness) https://paulpreston.thehmoguy.com/achieve-your-goals-in-lesser-time/ https://paulpreston.thehmoguy.com/achieve-your-goals-in-lesser-time/#respond Thu, 27 Dec 2018 09:57:01 +0000 https://websitedemos.net/coach-02/?p=244 Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at […]

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Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco. .

Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Donec interdum felis fringilla posuere pellentesque. Duis elementum blandit justo, eget tincidunt diam sollicitudin sed. Nulla hendrerit tempor nisi non feugiat. Curabitur a auctor nisl. Sed sagittis purus ac felis venenatis, at sagittis ante suscipit. Nulla lacinia eros odio, sit amet fringilla nisl porttitor sit amet. Nunc tempus, nunc a rutrum ullamcorper, lacus purus porttitor lacus, vitae ullamcorper erat erat quis nibh. Sed vitae diam sed quam malesuada gravida sed ac nisl. Fusce sed accumsan purus.

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]]> https://paulpreston.thehmoguy.com/achieve-your-goals-in-lesser-time/feed/ 0 1725 7 Ultimate tips For The Absolute Beginner https://paulpreston.thehmoguy.com/become-a-successful-person-with-gravida-nibh/ https://paulpreston.thehmoguy.com/become-a-successful-person-with-gravida-nibh/#respond Thu, 27 Dec 2018 09:51:51 +0000 https://websitedemos.net/coach-02/?p=239 Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at […]

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Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Quisque libero nisi, vestibulum quis purus eu, pulvinar condimentum felis.

Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Donec interdum felis fringilla posuere pellentesque. Duis elementum blandit justo, eget tincidunt diam sollicitudin sed. Nulla hendrerit tempor nisi non feugiat. Curabitur a auctor nisl. Sed sagittis purus ac felis venenatis, at sagittis ante suscipit. Nulla lacinia eros odio, sit amet fringilla nisl porttitor sit amet. Nunc tempus, nunc a rutrum ullamcorper, lacus purus porttitor lacus, vitae ullamcorper erat erat quis nibh. Sed vitae diam sed quam malesuada gravida sed ac nisl. Fusce sed accumsan purus.

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]]> https://paulpreston.thehmoguy.com/become-a-successful-person-with-gravida-nibh/feed/ 0 1724 5 Signs of a good speaker https://paulpreston.thehmoguy.com/5-signs-of-a-good-speaker/ https://paulpreston.thehmoguy.com/5-signs-of-a-good-speaker/#respond Thu, 27 Dec 2018 09:41:52 +0000 https://websitedemos.net/coach-02/?p=234 Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at […]

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Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Quisque libero nisi, vestibulum quis purus eu, pulvinar condimentum felis.

Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Donec interdum felis fringilla posuere pellentesque. Duis elementum blandit justo, eget tincidunt diam sollicitudin sed. Nulla hendrerit tempor nisi non feugiat. Curabitur a auctor nisl. Sed sagittis purus ac felis venenatis, at sagittis ante suscipit. Nulla lacinia eros odio, sit amet fringilla nisl porttitor sit amet. Nunc tempus, nunc a rutrum ullamcorper, lacus purus porttitor lacus, vitae ullamcorper erat erat quis nibh. Sed vitae diam sed quam malesuada gravida sed ac nisl. Fusce sed accumsan purus.

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]]> https://paulpreston.thehmoguy.com/5-signs-of-a-good-speaker/feed/ 0 1723 Becoming a great conversationalist https://paulpreston.thehmoguy.com/becoming-a-great-conversationalist/ https://paulpreston.thehmoguy.com/becoming-a-great-conversationalist/#respond Thu, 27 Dec 2018 05:49:14 +0000 https://websitedemos.net/coach-02/?p=215 Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at […]

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Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Proin gravida nibh vel velit auctor aliquet aenean sollicitudin, lorem quis bibendum.

Mauris ut orci dapibus, sollicitudin metus id, facilisis magna. Praesent pellentesque consequat nibh. Ut egestas velit quis ante tincidunt, eget luctus orci tincidunt. Cras massa augue, facilisis sit amet mattis vel, mollis vel neque. Nam maximus laoreet erat, a sagittis risus auctor non. Interdum et malesuada fames ac ante ipsum primis in faucibus. Praesent at interdum felis. Pellentesque facilisis vulputate justo, in euismod turpis aliquet id. Nam ut nibh eros. Vivamus lacus orci, rhoncus quis sodales et.

Donec interdum felis fringilla posuere pellentesque. Duis elementum blandit justo, eget tincidunt diam sollicitudin sed. Nulla hendrerit tempor nisi non feugiat. Curabitur a auctor nisl. Sed sagittis purus ac felis venenatis, at sagittis ante suscipit. Nulla lacinia eros odio, sit amet fringilla nisl porttitor sit amet. Nunc tempus, nunc a rutrum ullamcorper, lacus purus porttitor lacus, vitae ullamcorper erat erat quis nibh. Sed vitae diam sed quam malesuada gravida sed ac nisl. Fusce sed accumsan purus.

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