Mastering HMO Properties: Tips from Saj Hussain

Great choice of collaboration Justin. I've watched quite a few of Saj's videos online. He's a really smart guy.

If it wasn’t for HMO properties from landlords in Manchester when i was going to college, there’s no way i could afford to go to college. If it wasn’t for HMO landlords in London, I wouldn’t have been able to afford to move to London to get the job i was chasing so badly. This was back in the early 1990s - i wish id had the chance of renting such excellent rooms like this excellent guy is creating for financially challenged individuals - my room over three years were appallingly horrendous, in the dodgiest parts of town - I had nothing, yet i was burgled twice a year 😳

Really enjoyed this, thanks Justin 👊🏼

Thank you Justin and Saj! The advice given at 16.30 was exactly what i needed to hear.

Great videos mate 👍🏽

Great work 🔥🔥

Great video

Biggest collaboration in the YouTube BTL scene. Still waiting on you to drop the Samuel Leeds diss track Justin.

Is it still possible to do a short term refinance when buying an existing HMO, does the refurb allow enough of a short term uplift in value to pull cash out?

Can’t wait for prices to come down more. Next Spring will be a good time to invest.

Saj looking a bit Mac Daddy with the jacket. Should tone it down or the tenants will be asking for copper taps and hot tubs

Hey bro have a quick question I’m at a loss and was hoping you could give me some advice ? I’m currently in the process of buying a house with my partner and there is something damp issues. The sellers have agreed to put aside 3.5k to give to us to carry out the works. Estate agents are saying they can only knock it off the asking price which is no benefit to us as we then do not have the cash to continue. Is there a way we can get the cash from the seller to us without it being an issue? Really appreciate your help man!

Can HMO's work in towns with a population of 15,000. The town has a large hospital & College & factories.

Very dangerous to advocate going for high commercial valuations. If you had to sell that house on the open market no one will pay the high valuation. You are essentially making paper profit and you're using that money to buy more property. Therefore you are spending money that you haven't got! Running a highly geared property portfolio in this way eventually leads to bankruptcy...

👏🏿👏🏿👏🏿

Have you got an hmo next door to you saj ? I bet you haven't

If I was homeless and had to use a HMO I would rather not share a house with drug addicts, alcoholics, pests, racist people, racism towards religion, and loud noisy music playing people. This is from previous experience in previously being in HMO's. If my preferences and provisions can't be met then give me a flat pack hard shelter where I can build a hard shelter for myself and sleep outside.

First

If I was homeless and had to use a HMO I would rather not share a house with drug addicts, alcoholics, pests, racist people, racism towards religion, and loud noisy music playing people. This is from previous experience in previously being in HMO's. If my preferences and provisions can't be met then give me a flat pack hard shelter where I can build a hard shelter for myself and sleep outside.