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    New Investor looking for HMO advice and like-minded people to bounce ideas off!

    Hey, with everything running through my mind as i try to begin this venture. I'm looking for some guidance. Ive been researching and reading for a few months but what is my first step after i have the money to start. It sounds like a rather silly question but for some reason i cant answer it...
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    Due Diligence, have your say!

    That was my first thought 'leave it to the experts'. However, as this will be my first investment, when im going to view properties i would like to know what to look for/ask. As everyone has difference experiences i thought it would have been good for people to share and almost create a small...
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    Due Diligence, have your say!

    Hi, As a new member, and overall newbie when it comes to letting, I've come across this term 'due diligence' many a time in my research. Im sure other new buyers/landlords will agree with me on this and say that it is a almost a scary phrase. I have set up this thread for the more...
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    New Investor looking for HMO advice and like-minded people to bounce ideas off!

    Ahhh thats one reason people sell ready built/tenanted HMO's! I think thats what im going to have to do for my first one. Bite the bullet and pay extra for a setup HMO so I can learn whilst having an income. By due diligence do you mean thinks like, rent arrears, deposits, contracts, tenant...
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    New Investor looking for HMO advice and like-minded people to bounce ideas off!

    Thanks for the reply! For things to look out for when buying a tenanted property, is it better to talk to a solicitor that specialises in HMO's? Like the deposit, and tenancy agreements, paperwork etc? or is that something I would have to find out myself? Also, what are some reasons people...
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    New Investor looking for HMO advice and like-minded people to bounce ideas off!

    Hi all! Im looking to buy my first HMO. Im leaning more towards professional tenants as the amount of dedicated student accommodation has seen a large spike among the larger universities. As this would be my first buy to let, i assume buying a setup HMO would be good as i can learn through the...
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