Jun 22, 2023
Ever wonder what goes on inside a landlord’s mind?
In this week's episode of A Wealthy Life, I talk with landlord, Ross Tulloch, about his top tips for success in the HMO market. Ross shares his insights on finding the right tenants, choosing the right location, and dealing with difficult situations.
He stresses the importance of constant monitoring, staying on top of regulations, and creating a product that prospective clients want. Plus, we’ll both share valuable advice on remortgaging, property layout, and managing maintenance and cleaning.
Overall, being a landlord requires a level of flexibility and understanding. It's about creating a business that works for both the landlord and tenants.
Don't miss out on these essential tips for making the most out of your property investments!
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Links & Resources:
Highlights from this episode:
[00:03:28] – Why Ross Chose Bracknell
[00:09:37] – Making Decisions to Change Your Life
[00:16:15] – Tenant Types
[00:18:21] – The Undeniable Thing About HMOs
[00:22:54] – Professionalising the Landlord Space
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Visit my website to learn more
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them