Simon Zutshi | HMO STRATEGY EXPLAINED

[@ForTheLandlords]

That's a great acronym Simon. When we remember that tenants are customers and treat them with the respect they deserve, things tend to progress much better

[@gosskamperis2016]

QUESTION RE: BILLS HMO Rents are generally inclusive of bills. What should landlords do when electric cars, bicycles and scooters become common-place with chargers that can be plugged into a domestic socket? How can that be charged-for or policed? (I've posted this same question to several youtube providers.)

[@jazzwonderboy]

Thanks you’ve really demystified it and I’m going to work up to this in the next 12 months.

[@matthewharding240]

Great advice simon - thanks

[@chownh860]

Top man genuine and a fountain of knowledge.

[@SimonZutshiOfficial]

Thank you Naqeeb

[@tanvirsinghheer5059]

This is a brilliant video Simon, very insightful

[@SimonZutshiOfficial]

Thank you Tanvir

[@aperson2730]

Hello Simon, you come across as a very good landlord who has the tenants' well-being and satisfaction in mind. I also like the way you put a full stop after each item of your list, unusual but kind of quaint :-)

[@meljm9095]

Very good explanation. Thank you for breaking it down for us.

[@greggjones1963]

whats your view on buying a property just outside the boundary area in a town/city with article 4?

[@delfimalvaro]

Absolutely brilliant!

[@abrabosea3917]

Thank You sir for sharing this brilliant video. Straight forward truth of the knowledge. 👍

[@SimonZutshiOfficial]

Thank you Ab

[@ricklegg4058]

great information to help you build a great cashflowing portfolio !

[@OdogExpo]

Hi everyone! Looking for some advice or insight! I have an opportunity to buy a portfolio of 4 flats that are all in the same building, with no other flats in the building. I believe I wouldn't be buying the building on account of the commercial spaces in the bottom being owned by someone else, as they aren't mentioned in the purchase but I can clearly seem them in images of the exterior. There is a 5 bed, a 4 bed, a 3 bed, and a 2 bed. If I lived in the 2 bed, would I need to secure 3 separate BTL mortgages for the other 3 flats, Or could I buy the whole portfolio with 5% down using a traditional mortgage? Cheers!

[@annunaki2012]

Excellent advice, thank you.

[@alyeesaromacare7792]

simon , how can we ensure we get a commercial valuation on a hmo ?

[@tracker1009]

Great information. Thank you 👍

[@charliequirke8057]

Tracker 100 shut up idiot

[@alexandramyers9690]

Thank you so much for sharing this Simon. Good recap to a great session on Mastermind Accelerator. Looking forward to learning more about this.

[@GSThai]

Good Video Simon

[@joshfletcher9185]

Very helpful. What’s the origin of your surname??

[@aldozilli1293]

Profit that is. I take it you are not accounting for mortgage which will be taxed soon?

[@SimonZutshiOfficial]

Hi Aldo, yes you need to tax this into account. If you own in a Ltd company structure then you will not be affected by Section 24 which came into play in April 2017

[@KamranAli-ue5pt]

great stuff

[@MM-bf1zm]

Any one please can clarify something about HMO? If I wanna rent 5 bedroom flat from a landlord and then rent it out room by room HMO who is responsible for the licence? Thank you

[@SimonZutshiOfficial]

The property would require an HMO license as it has five tenants. Either the owner can have the license in their name or you can have it in your name as the property manager.

[@slavmarin7827]

thank you!

[@aldozilli1293]

If you are making 1400 per month why would you need 5 to 6 HMOs to replace your income?

[@SimonZutshiOfficial]

Great news, you would only need 2!

[@draganku]

350£ a month for bills ? for 5 room - tenent m m mm

[@acharich]

Great info, thanks..! 📝 U have a new subscriber.. 🔑 - @Acharich