Hey Property Insiders, Mike Stenhouse and THIS!.. isn't the Inside Property Investing podcast, but he'll be talking about it so that kind of still counts.
Anyway, they've been on boarding their latest team member recently, a staff writer called Robert (firstname.lastname@example.org if you've got any content or case study ideas), which means they've been publishing loads of great content over the past week.
Property Investing Success
First up, continuing their #diaryofanexpatinvestor series, Robert has been working with LIzzie Frazer on her latest installment discussing the 5 things that have helped her investing explode over the past 6 months. She has grabbed every opportunity with both hands and she's delighted to see the results starting to come from all that hardwork.
In a similar vein, they released a long overdue monthly update podcast on their own projects earlier in the week. With 4 live projects, 2 recently completed and a few more in the pipeline, there was plenty to talk about - some successes , but a few major struggles as well.
The Changing Face if HMOs
HMO investing is proving to be as popular as ever all across the UK, and a great example of how the focus is shifting from "filling rooms" to creating beautiful places for people to live comes from an audience case study this week. Dan and Helen Brown recently completed their first HMO is Bristol and shared with us the full details of the project along with some great pictures showing the quality of finish.
Picture of nice interiors and discussions about the meaning of Co-Living only share half of the story though, as councils up and down the country try their best to make property investing generally, but particularly HMO's, a more difficult proposition. Portsmouth Council is the latest to implement a ban on "sandwiching", meaning you can no longer create an HMO next to an existing one or in a way that would result in a private dwelling being sandwiched between two HMOs. This obviously isn't the end of the world, but it's worth keeping a close eye on the changes to regulations in your own area to make sure you don't end up with a dud investment.
From SA to Boutique Hotels
Just as higher end HMO operators are trying to get their heads around the shift towards co-living, so SA investors are looking at the hotel market as the next logical step to grow their businesses. Now, what differentiates a hotel from a block of SA units is an argument to be saved for another day, but for now he wanted to share an amazing example of design led investing from Stuart Scott and Carly Houston in their boutique Brighton Hotel. They visited them a few weeks back just as the project was completed, and they took so much inspiration from the business model but more so the design that he wanted to share with us. Please check out the video below:
Do you network?
He admitted that he doesn't regularly attend networking events, but when he does it's usually because he's visiting a new area or want to see a talk from a specific person. But how do you go about finding events in a new area on a specific day, or where your favorite speaker is going to be next? Unless you already know about the event, or just rely on the big property education companies for your networking, it can be a real struggle.
They're trying to fix that problem with a universal events calendar for UK property networking events, particularly the independent ones. It's a work in progress, but they'd love our feedback on it as they continue to add events and tweak the functionality.
Source: Mike Stenhouse - insidepropertyinvesting.com