a new HMO market generating over £40,000 per annum in rent...

Let's meet our GuestWe are delighted to have Pete Licourinos, the man who created a new HMO market, on the show to share his expertise and property journey. Pete is the owner of HMO on Steroids & HMO Premier. With over two decades of property experience, Peter has helped hundreds of investors along his property journey. If you want to maximise your properties potential or are looking for your next deal, this is definitely a podcast you want to tune in for… The PodcastIn this episode we find out how Pete changed a boring and challenging HMO market into a fun, exciting and money-making investment. There are many factors to consider when looking at HMOs and this is clearly why you want to deal with a local expert, in this podcast we discuss the following topics… Pete shares a recent success story of a purchase that made 15% forced capital and a 51% net profit… what should an investor be looking for when looking for their next purchase? The reason why Pete only invests in Berkshire & Surrey rather than nationally, the craze seems to be far north for higher yields – The true reason behind this and the losses they face by doing so! What makes Pete's HMOs stand out compared to any others in the marketplace at the moment? Pete shares the key behind all of their HMOs in case there is ever a dip in the market The truth behind guaranteed 10-15% BMV deals you see online – are they all lies? The importance of building a good community within a HMO, which is how they kept an average 15-month occupancy rate compared to a 7-month UK average! One investor set a record with full 6-bedroom occupancy for 24 months! What's the secret? Why do you cap your HMOs at 6 bedrooms when you could easily add 1, 2, or in some cases 3 rooms and additional bathrooms to maximise rent? The answers might shock you! As ever, if you have any questions for us or Pete, send us a DM @TheLandlordPage