HMOs vs SA - Which Is Best?

Some investors prefer to use the HMO (House Of Multiple Occupation) strategy, whereas others choose to go down the SA (Serviced Accommodation) route. But which is the more effective? In this episode, Simon lays out the pros and cons of each in search of a clear answer to this often-asked question. KEY TAKEAWAYS Both the SA strategy and the HMO strategy give very high cash flow, making at least £1000 per unit, per month, meaning that you don't need many units in order to start earning serious money. SAs are popular as people like to have their own self-contained units when they travel. It's vastly preferable to a hotel, where facilities are often shared. HMOs remain a popular way to rent for many, due to the fact that the costs are so much cheaper than inhabiting an entire property. BEST MOMENTS 'Because the cashflow is so high, they're not really affected by high interest rates' 'We're in a difficult time with the economy' 'It gives you better accommodation at a better rate' VALUABLE RESOURCES To learn more about HMOs access my 3 video min course and online training here: www.HMOcourse.co.uk To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free. Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi Find out about the Global PIN Meetings at www.globalpinmeeting.com To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20). iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2 Register at Mindset For Property at - www.mindsetforproperty.co.uk  ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals. CONTACT METHOD Contact and follow Simon here: Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/