Ep. 26 - "You only get one chance with fire" - protecting your asset and tenants with Dieter Wagner

Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Today we have the inspirational Dieter Wagner who after 30 years as a Professional Firefighter made the move to fire safety. Dieter is now protecting all our clients by ensuring fire compliant homes. The HMO Property Co have invested heavily in research and aligned with the best professionals in the fire safety space to ensure the houses we build and renovate are compliant to building codes, State appropriate shared living requirements and also to meet the very specific obligations of HMO insurance. Dieter offers an insightful overview of smoke alarm requirements, the specific safety system installed in our HMO's, and how legislation differs state to state. We also cover some hot tips on the best smoke alarms to install Photoelectric vs ionisation and maintenance check legislation. If you have an investment property, no matter what style, make sure to take a listen before you get burnt. Mentioned in this episode: Intro from Neil about fire safety for keeping tenants safe and protecting your asset Dieter how did you get into Fire Safety? What are the requirements for a basic smoke alarm system that we should have in our PPR's What are the requirements for an investment property and is it different state by state? In a HMO we install a specific type of safety system, why is it different and can you take us thorough it? What are the best type of smoke alarms to install? Photoelectric and Ionisation? How often should the system be checked and who by?   For those that prefer to watch you can also catch us on YouTube.  Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now The HMO Property Co Website: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ DisclaimerNothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and/or property/investment strategies.