by Ruti Avraham | Aug 21, 2024 | HMO
Good Morning Everyone in the UK who is in Property. My team is currently refurbishing 5 properties to turn them into Social Housing projects of 24 beds that will have zero voids, no management and all maintenance covered. Net rents of £85,000. This is a property...
by Ruti Avraham | Aug 1, 2024 | HMO
Interest were reduced today. First time in 4 years. Your cash in the bank is being devalued. Instead of 5% at the bank, how about 9% where you own a Social housing HMO with a Govt 7 plus 3 year contract with no voids, no management and all maintenance covered unless...
by Ruti Avraham | Jul 22, 2024 | HMO
This is an update on a 5 BED Social HMO in the NW of England generating net rents of £19,500. We put in the furniture, carpets and white goods. Having this week fire inspections, Council inspection and Housing provider inspection. Upon passing all inspections we will...
by Ruti Avraham | Jul 11, 2024 | HMO
This is another 5 bed Social HMO with the refurbishment coming to conclusion. We ordered the carpets and white goods today. Probably mid next week this property will be inspected by the council, building regs as well as having a fire assessment. All these eyes on the...
by Ruti Avraham | Jul 11, 2024 | HMO
This week we are hopefully have 3 Social HMOs being signed off. We purchased one yesterday and hopefully another one on Friday. This particular social housing HMO will net us £19,500 with no voids, no management and all maintenance covered unless structural. However...
