HMO's - Cash Cow or Nightmare! (You Decide)

Everything you want and need to know about HMO's, but were afraid to ask! Do you believe they are a cash cow or a nightmare to own?
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#hmoinvesting #hmocashcow #cashflowinvesting
00:00 Investor beliefs about HMO's
00:37 Stupid Landlord Mistakes
02:04 What's a HMO & UK Numbers
02:49 Why Bother
05:15 The Aggravation Formula
06:18 Licensing
08:05 Minimum Room Standards
09:35 Safety
10:44 Planning
11:34 Tenants
13:34 Property Accelerator Waitlist
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Пікірлер: 21

  • @sambowling2743
    @sambowling2743 Жыл бұрын

    I don’t normally comment on KZread videos but your content is exactly what I have been looking for, everything is explained on a level I can understand as a young building surveyor looking to get into something like this myself in the future, keep up the good work 👏🏼

  • @StephenDuncombetv

    @StephenDuncombetv

    Жыл бұрын

    Thanks Sam for the encouragement. 👍

  • @ashleyvanderpuye1658
    @ashleyvanderpuye165813 күн бұрын

    Brilliant video, really informative 👍

  • @jtlondon81
    @jtlondon817 ай бұрын

    Brilliant and factual saving me time ty!

  • @dariushmanouchehri8703
    @dariushmanouchehri87036 ай бұрын

    Amazing, very detailed video. Thank you

  • @watvid1
    @watvid111 ай бұрын

    Binging your videos, you explain so clearly and are very transparent, hope you get to a million subs!

  • @StephenDuncombetv

    @StephenDuncombetv

    11 ай бұрын

    Thanks for the feedback. I do too. 🚀

  • @ChrisModen
    @ChrisModenАй бұрын

    Another excellent video Stephen 👌🏻

  • @mpdesousa
    @mpdesousaАй бұрын

    Great video! What software are you using for the HMO map?

  • @StephenDuncombetv

    @StephenDuncombetv

    Ай бұрын

    I use Property Data - Split £150 credit 👉 propertydata.co.uk/r/wV31ZGK3

  • @richardburke952
    @richardburke952 Жыл бұрын

    I've been wondering how you and your channel were doing ... It's been a while since I checked in and as I'm about to sell a property I'm considering where and how I should invest that money. BTL, Commercial or buy and refurb add value and sell ... I still wanted to hear about how your commercial investments are doing, in the high peak and also in Sheffield, how have you been affected by the EPC and the high-interest rates and also not to mention your property in Florida which values are tanking ..... So many questions, I am going to be staying in Brighton for 9 days with my family, if you live nearby Id love to buy you coffee and maybe we can talk business ;) Your channel and content is high quality and I wanted to personally congratulate you as I know how much effort goes into producing these :)

  • @StephenDuncombetv

    @StephenDuncombetv

    Жыл бұрын

    Hi Richard. I’m pleased you checked back in. On your next move it will depend on your objective to determine which strategy to go for. For example if you need cash flow, or build long term growth or manufacture some profit to build a portfolio over time. If you’re interested i do offer mentoring. Just send me an email for details. Email is in ABOUT section on the channel.

  • @richardburke952

    @richardburke952

    Жыл бұрын

    @@StephenDuncombetv I've just registered with you my details on your website for possible JV's - I look forward to hearing from you ;)

  • @anillchandi
    @anillchandi Жыл бұрын

    Great video Stephen. I assume from the vid you don’t touch HMO’s? And wouldn’t advice investors in investing in HMOs? Especially if we want more of a passive income. Have you owned a HMO? Or still have any? Thanks. P.s. you’ve still got a full head of hair like a 26 year old mate lol

  • @StephenDuncombetv

    @StephenDuncombetv

    Жыл бұрын

    Yes I’ve kept my hair 😀. I like HMO’s. The video is more to show your the reality of owning then. I’m not trying to put people off just go into it with eyes wide open. Lots of people only talk about the benefits.

  • @anillchandi

    @anillchandi

    Жыл бұрын

    @@StephenDuncombetv yes totally agree and that why i really enjoy watching your videos as your really detailed, honest and realistic in your opinion. Keep up the brilliant vids, i always look forward to seeing them when you release a new video. Cheers.

  • @StephenDuncombetv

    @StephenDuncombetv

    Жыл бұрын

    Thanks I appreciate that. 👍

  • @curryrebellion

    @curryrebellion

    Жыл бұрын

    A couple we know have gone from making £20k p m profit on HMO’s to now pure loss making due to cost of energy and mortgage rates which are rising still. As an old property hand I suggest invest only on your main residence and aim to end up with the best property you can so you have the option to downsize one day. Peace

  • @Steve_and_Dave_use_etoro
    @Steve_and_Dave_use_etoro Жыл бұрын

    Liked 🙂

  • @StephenDuncombetv

    @StephenDuncombetv

    Жыл бұрын

    Thanks 😁

  • @wicked-witch-of-the-west
    @wicked-witch-of-the-west5 ай бұрын

    I've inherited £40,000. I also have a nice amount of equity in my residential property. I already own a vanilla BTL. Do you think i should buy a four bedroom property and convert into HMO or buy a house and convert into two flats. Im looking to make as much money as possible from this £40,000