This is another 5 bed Social HMO with the refurbishment coming to conclusion

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 property plus a dedicated housing officer makes me feel comfortable letting my property. We have done more than 250 of these social hmos. We finish the purchases by compounding the rents and selling some of the properties in order that we are not leveraged. This lowers our risk and lets us withstand any 6th sigma event in property. Have witnessed numerous property crisis’s throughout my career. This social hmo will have no voids, no management and all maintenance covered unless structural. We will receive net £19,500 a year with a 7 plus 3 year govt contract. Contact me if you might be interested in purchasing one of these.