The Business of Property - Episode 250: The Story of Pam's First HMO Investment Property

Episode 250: The Story of Pam's First HMO Investment Property

09/11/24 • 32 min

Simon welcomes back seasoned property investor Pam Mackenzie. Pam shares her journey of purchasing and converting her first House in Multiple Occupation (HMO) with her business partner, Tania.

They discuss the challenges faced during the purchase, the renovations undertaken, and the successful targeting of EasyJet aircrew as tenants. Pam also delves into the financial aspects, including joint ventures and the impact of Brexit on rental income.

Episode links:

Pam's past episodes:
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Special Guest: Pam Mackenzie.

Simon welcomes back seasoned property investor Pam Mackenzie. Pam shares her journey of purchasing and converting her first House in Multiple Occupation (HMO) with her business partner, Tania.

Episode links:

Pam's past episodes:
Join our email newsletter for a free weekly property market report.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Special Guest: Pam Mackenzie.

Previous Episode

Episode 249: Analyzing the Property Market: Two Years to August 2024

In this episode, Simon compares property market data from August 2024 with figures from August 2023 and August 2022.

Focusing on listing prices, time on the market, and rental performance, Simon highlights trends such as a real-term decline in property prices and a robust rental market with rents outpacing inflation. He also speculates on future market conditions, considering changing interest rates and economic factors.

Episode links:

PaTMa weekly market report.
Join our email newsletter for a free weekly property market report.
Find us on YouTube or LinkedIn: Simon.

Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms.

Please leave a rating and review if you're enjoying the show.

Next Episode

Episode 251: HMO Investment Then, and Now

Simon chats with Pam Mackenzie about the changing landscape of property investment over the last ten years.

They explore the changes in mortgage requirements and property regulations over the past decade, particularly for HMO (House in Multiple Occupation) properties. Pam shares her experiences with her first HMO investment, the impact of new safety regulations, and her current investment strategy. The conversation highlights the importance of financial preparedness and adaptability in navigating today’s competitive property market, offering valuable insights for active property investors and landlords.

Episode links: