by Ruti Avraham | Apr 19, 2024 | HMO
We bought 2 properties this week. Today we are confirming the pricing with our builders. Both of these properties are extremely dated and in need of refurbishment. We will take them back to the brick as there is so much mould in the property it is unsafe. This is what...
by Ruti Avraham | Apr 11, 2024 | HMO
Before and after photos of this social HMO. This is a big one. It is 6 beds. It nets us £23,400 a year with no voids, no management and all maintenance covered unless structural. This property had to be in one of the worst conditions on purchase. You name it, one...
by Ruti Avraham | Apr 2, 2024 | HMO
We have been working on our process to speed up refurbishments of our Social Housing HMOs. This increases our net returns as we have now gotten to the stage that in most cases we can turn over a 4 bed Social HMO now in 4 weeks with total refurbishment. This means we...
by Ruti Avraham | Mar 13, 2024 | HMO
These are before, during and after a refurbishment of a 5 bed Social HMO outside of Manchester. This property was not habitable. We turned it around,created value and entered a 7 plus 3 year govt backed contract for Social Housing. There are no voids, no maintenance...
by Ruti Avraham | Mar 3, 2024 | HMO
This is a floor plan of a typical 4 bed social housing project. We use the same builders for years. They know the spec, they know the standards demanded by the housing association. The usual turn around is 6 to 8 weeks. From that point going forward we will cash flow...
