HMO's - Cash Cow or Nightmare! (You Decide)

[@sambowling2743]

I don’t normally comment on KZbin videos but your content is exactly what I have been looking for, everything is explained on a level I can understand as a young building surveyor looking to get into something like this myself in the future, keep up the good work 👏🏼

[@StephenDuncombetv]

Thanks Sam for the encouragement. 👍

[@yasd676]

I can't thank you enough for the valuable details you provided!

[@ashleyvanderpuye1658]

Brilliant video, really informative 👍

[@dariushmanouchehri8703]

Amazing, very detailed video. Thank you

[@watvid1]

Binging your videos, you explain so clearly and are very transparent, hope you get to a million subs!

[@StephenDuncombetv]

Thanks for the feedback. I do too. 🚀

[@jtlondon81]

Brilliant and factual saving me time ty!

[@ChrisModen]

Another excellent video Stephen 👌🏻

[@mpdesousa]

Great video! What software are you using for the HMO map?

[@StephenDuncombetv]

I use Property Data - Split £150 credit 👉 propertydata.co.uk/r/wV31ZGK3

[@anillchandi]

Great video Stephen. I assume from the vid you don’t touch HMO’s? And wouldn’t advice investors in investing in HMOs? Especially if we want more of a passive income. Have you owned a HMO? Or still have any? Thanks. P.s. you’ve still got a full head of hair like a 26 year old mate lol

[@StephenDuncombetv]

Yes I’ve kept my hair 😀. I like HMO’s. The video is more to show your the reality of owning then. I’m not trying to put people off just go into it with eyes wide open. Lots of people only talk about the benefits.

[@anillchandi]

@@StephenDuncombetv yes totally agree and that why i really enjoy watching your videos as your really detailed, honest and realistic in your opinion. Keep up the brilliant vids, i always look forward to seeing them when you release a new video. Cheers.

[@StephenDuncombetv]

Thanks I appreciate that. 👍

[@curryrebellion]

A couple we know have gone from making £20k p m profit on HMO’s to now pure loss making due to cost of energy and mortgage rates which are rising still. As an old property hand I suggest invest only on your main residence and aim to end up with the best property you can so you have the option to downsize one day. Peace

[@richardburke952]

I've been wondering how you and your channel were doing ... It's been a while since I checked in and as I'm about to sell a property I'm considering where and how I should invest that money. BTL, Commercial or buy and refurb add value and sell ... I still wanted to hear about how your commercial investments are doing, in the high peak and also in Sheffield, how have you been affected by the EPC and the high-interest rates and also not to mention your property in Florida which values are tanking ..... So many questions, I am going to be staying in Brighton for 9 days with my family, if you live nearby Id love to buy you coffee and maybe we can talk business ;) Your channel and content is high quality and I wanted to personally congratulate you as I know how much effort goes into producing these :)

[@StephenDuncombetv]

Hi Richard. I’m pleased you checked back in. On your next move it will depend on your objective to determine which strategy to go for. For example if you need cash flow, or build long term growth or manufacture some profit to build a portfolio over time. If you’re interested i do offer mentoring. Just send me an email for details. Email is in ABOUT section on the channel.

[@richardburke952]

@@StephenDuncombetv I've just registered with you my details on your website for possible JV's - I look forward to hearing from you ;)

[@Steve_and_Dave_use_etoro]

Liked 🙂

[@StephenDuncombetv]

Thanks 😁

[@wicked-witch-of-the-west]

I've inherited £40,000. I also have a nice amount of equity in my residential property. I already own a vanilla BTL. Do you think i should buy a four bedroom property and convert into HMO or buy a house and convert into two flats. Im looking to make as much money as possible from this £40,000