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Viewing entries tagged with 'hmo'
Here’s what our property mentors have to say.
Some of the highest returns in property investment, in terms of buy-to-let, can be made from HMOs (Houses of Multiple Occupancy).
HMOs (Houses with Multiple Occupancy) are the first choice for many property investors as it’s obviously more lucrative to have multiple incomes for a single property than just one tenant.
The key is to appreciate and interrogate your local market information. Just because property prices may have increased around 15% in London in 2014, it is useless to you if all of your property purchases are based in Bolton. To hear that student accommodation requests are outstripping supply in your local town is not helpful when you focus your portfolio on middle income employed rentals.
Yes, just as our title declares, the highest returns in property investment, certainly in terms of buy-to-let, can be made with HMOs (Houses of Multiple Occupancy).