6 Proven Tips to Save Time and Money on HMO Maintenance [Community Q&A]

06 Nov 2024 • 35 min • EN
35 min
00:00
35:36
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In this episode, I want to talk about HMO maintenance. As an HMO investor and landlord, maintaining your properties is a big part of the job. It"s something you’ll need to stay on top of for the long term.  Good maintenance is key to keeping your business—and your HMOs—profitable. If you let it slide, it can quickly lower the value of your portfolio and undo all the hard work you’ve done finding great deals and refurbishing properties. I’ll also be sharing some insights from our community about common maintenance problems, why it’s important to budget for maintenance, and the best ways to manage it. And, I’ll give you six of my best tips to help you save time, reduce costs, and manage maintenance more easily. Topics covered in this episode:02:54 Why Maintenance is So Important10:48 Common Maintenance Issues in HMOs16:36 Best Practices for Managing HMO Maintenance27:09 The Importance of Long-Term Planning - Did you find this episode useful? Please leave us a quick review on Apple Podcasts or Spotify! Got any questions? Join The HMO Community on Facebook! Connect with me on Instagram or Linkedin for daily HMO tips and advice!  If you want to join my 1-2-1 mentoring program, you can enquire here.  Feeling overwhelmed and don’t know where to start? Join The HMO Roadmap on a Premium plan and get all-access to our award-winning library of 400+ resources to help you start, scale and systemise your HMO business. Get instant access here.

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