5 HMO Property Investing Pitfalls | HMO Property Investment Myths Busted

Many new investors rush into HMO property investing, often encouraged by property courses promising riches. However, the HMO (House Of Multiple Occupation), property investment landscape is not what it used to be and many of the HMO property courses out there are painting a picture which existed a few years ago but is far removed from today's reality.

In this video, experienced property investor, Ranjan Bhattacharya, shares 5 HMO investment pitfalls ALL HMO property investors MUST take into account if they wan't to avoid HMO financial disaster.

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[anthonydear]

Great video. Thank goodness for keeping things totally real. I recently attended a 2 day London crash course. The only thing I learnt from that was how to constantly 'high 5' and hug the guy next to me. I learnt a lot more and gained valuable tips from just 18 minutes here.

[frankcavill]

Ranjan, You bring up some good points. I've been an HMO landlord since 1987 and self managed since 1989 as the agent didn't appear to have a clue so I thought I could do a better job, I've never had to take a tenant to court and I have only lost £60.00 rent so I must be doing something right.
Managing HMO"s is not always easy, you neither need a good managing agent which isn't easy to find or you self manage and if I'm really honest its not for everyone, you need to be able to have difficult conversations with people and be diplomatic you also need to know the legislation regarding letting and specifically HMO's.
Makes me laugh when I see investors who have been in HMO's for 18 months running training courses and writing books on the subject, but hey what do I know.
Go careful out there.

[UnknownUser-btgk]

I like this guy and this channel, Ranjan is more honest about challenges than other property investment channels.
ALWAYS do the maths, if you don't know how then get someone to do it for you!

[melliott]

Kind Person for giving advice. He is not jealous and selfish. God blessed Him 💖🌈🙏

[td]

Great due diligence advice on the essential calculations needed before purchasing a HMO especially for the inexperienced property entrepreneur.
Thank you for sharing appreciate the the information 🙏🏼👍🏻👍🏻

[TheFakeyCakeMaker]

This isn't the best presented vid b but the info is gold and you've got a nice vibe about you. I appreciate that you did this.

[jwcodendaal]

Thanks. Being new to property Investing this confirmed alot of my suspicions.

[eezyable]

This is why I'm subscribed to Ranjan 👌

[manjinder]

Great information Ranjan, I have been thinking to get next property as HMO. Like you said nobody share these information.

[craig]

Due diligence is a must for all investors in any sector...if you don't manage the potential risks, you will not be in business for long! good video Ranjan

[abdelmonemhagag]

I tottaly agree with you of all the 5 pitfalls you have mentioned in the vedio .
Thanks alot

[dannymurphy]

If you are in a struggling area with an HMO it stands to reason your tenants are far more likely to be struggling too. With low demand and high supply I would worry about tenants not paying rent because they know they can easily move to another HMO and do the same thing to them. So not only do you have less occupancy, you are going to have more unexpected costs and hassles too, a double whammy if you like.

[anujdatta]

Great Video Ranjan, I am still proceeding with a HMO purchase/conversion up North watching this has saved me from adding en-suites that could present a significant problem in the future. Can you do a piece on ATED and its implication for landlords. Thanks

[LightUponLight]

Ranjan i think you are very honest person. Hard to find.

I just told a property developer about your chanel today.

Hope to meet you one day.

[chrisjohnson]

Very interesting and I agree, why is government continuously stamping on landlords lately? Just doesn't make sense to me!!
Chris Johnson

[MrYorkshiree]

I have listened to many but this guy talks sense, with out high fives and hugs

[davidskeeterskeeter]

Hi Ranjan, , I’ve just viewed your vlog suggestion on section 24, , , it’s absolute dynamite, , ⚡️⚡️!! it would appear I and my partner (wife) qualify for incorporating!! 144 homes let (not hmos)
I’ve been a full time landlord for 21 years, I’ve never been attracted to hmos, for the reasons you’ve so clearly pointed out, please accept my heartfelt thanks DB👍

[ravsingh]

Great video Ranjan. These pitfalls are hardly ever mentioned by others. Thanks for sharing.

[Melynnest]

Yes piftalls... the poor hardworking home owning neighbours whos lives a made a nightmare

[PaulHanafinMusic]

Great video Ranjan - refreshing to see someone talking reality 😄👍🏻