All Posts by Matthew Moody

Are The Gloves Off Now For Property Investing?

By Matthew Moody | Property Investing

Image courtesy of Every Stock Photo.

It all started in the U.S.A. and the credit crunch has massively affect property investing across the world.

Hopefully, it might be all kicking off soon with Fannie Mae announcing that they are lifting their investor cap from a maximum of 4 BTL loans to 10 BTL loans.

This is a fantastic result as Fannie Mae was one of the direct casualties of the credit crunch in the U.S. and shows that unlike the UK banks, they have reassessed their risk assessment for professional landlords and are re-entering the market.

Lets see if its good news for property investing in the UK and hope that some of the banks start to relax their stringent criteria very soon…

Even Ronaldo is Getting in on Property Investing

By Matthew Moody | Property Investing

Well it seems that footballers are interested in property investing too.

Not content with being the highest paid Manchester United player, Ronaldo is also quietly stacking up a sizeable property empire with four homes to his credit so far – including a villa and flat in Lisbon.  That together with his £4 million pound mansion in Cheshire means that he’s preparing for his future off the field.

He’s also purchased an £8 million pound hotel on Porto Santo (near Madeira) which apparently has given him the nickname “Ronopoly”.

So as well as spending it on fast cars and gadgets, he’s taking some sound advice and become a prop at property investing.

Why Migrant Workers MAY Be A Threat To Your HMO

By Matthew Moody | HMOs

Yes, more and more migrant workers are coming into the UK – and unfortunately, many of them take low paid jobs which mean that a lot of them have to live in HMO’s (houses of multiple occupation).

Now whilst this is fine when they are living in a licenced and regulated HMO, what happens when they live in an unlicenced potentially overcrowded HMO?

Two things spring to my mind – potential issues with language barrier/culture together with lack of understanding of their RIGHTS and thus potentially taking a tenancy up in an unsafe house.

This has particular issues for health and fire safety in HMO’s.  A recent article I read went into detail on the typical issues faced and what the local councils and fire services are doing to try and combat it.

So what can we as HMO landlords do about this?

Firstly, we should educate any of our migrant worker tenants as to the correct workings of any fire safety systems

Secondly, we should provide guidance or access to native speakers/written materials so that they can understand the issues in more detail.

Thirdly, we should provide excellence in accomodation which by its very nature should alleviate many of the issues that migrant workers face in finding accomodation in the UK.

Why Dancing on Ice is Just Like Property Investment…

By Matthew Moody | Property Investing

I’m sat watching “Dancing on Ice” right now with my wife, the lovely Rebecca.  She’s the big fan (at least that’s my story right…) but it got me thinking about why property investment is just like the show.

You see, for each of the participants on “Dancing on Ice”, they have to learn new skills, new techniques and practice, practice, practice for about 3 months before the show gets onto the television.  [ed: for our non-UK viewers, Dancing on Ice is a reality celebrity ice-skating competition where one person gets voted off each week].

Whether you watch it or not, like it or not, you have to be impressed by the fact that these are non-skating people who have learned to do ice skate so proficiently (well apart from Todd Carter I guess…) and perform intricate manouvers which I can’t help but be staggered by.

So, why is this similar to property investment Matthew?

Well, I think there are some great similarities – especially for those who are learning a new skill or technique for the first time.  For anybody that’s getting into property investment, there are always new skills and techniques to be learnt and these can only be honed by practice, practice, practice.

And one thing that I firmly believe in is allowing skilled mentors to help you practice these skills in a safe environment, giving you encouragement and setting you on the right path to success in property investment.

For those that haven’t been living under a rock these last 4 weeks, you’ll know that I launched my HMO Survival Guide on 16th January.  Well, we’re going to be starting the 90-Day Telecoaching programme this Tuesday – and its not too late to sign up for it.

If you’ve been thinking of getting into HMO’s, questioning whether its the right thing for you or wondering how to get started, then my 90-Day Fast Start Telecoaching Programme is where you need to be.

For the next 90-day (or 3 months), I’ll be hosting a weekly telecoaching call where we discuss the plan for the next 7 days, discuss strategies with my team and have a question and answer session.  All of this is backed by a live forum.

For less than a fiver a call, for the next 12 weeks, you’ll receive expert guidance from me on getting your HMO business up and running – and by the end of that 12 weeks (all things going to plan), I hope that you’ll have your very first HMO with tenants paying you upwards of £500+ per calendar month.

To join us (remember we are starting Tuesday 10th February), then you need to click on the paypal button below and get prepped for the telecoaching calls.

HMO Survival Guide Launches – Get Yours Today

By Matthew Moody | HMOs

Hi everybody,

Well after a long wait for my HMO property investing guide, an incredibly long time getting the website sorted out and some last minute teething problems, my new “HMO Survival Guide – Thriving In The Credit Crunch” is finally out.

Take a look at the video below that I created for you – and when you’re done, head over to www.hmosurvivalguide.com to check out the report and the ridiculously cheap price I’m giving it away for!

How Small is That House! HMO Regulations Would Not Allow It!

By Matthew Moody | HMO Regulations

A brilliant article on some of the smallest houses in the world.

However, if this were a HMO, then HMO regulations would not allow you to live in a place this small – even though people do and will live in smaller areas than the HMO regulations allow.

I understand and support the need for regulation – however I find myself asking – why is it that space requirements differ according to council and area?  Why is it that somebody in London can live in a space that is smaller than someone in Cambridgeshire for instance?  Why should any person have to endure different levels of living space dependent on where they live in the country?

A prime example I can use myself is where a room in a 6 bedroom HMO that I own has been deemed too small for occupation despite the fact that I had a 6 ft 2 fella living in it for 8 months with no problems at all!

HMO Regulations are there to protect the tenant but at the same time, there needs to be national standards and guidelines applied to ensure that both tenants and landlords are not unduly impacted by a bureaucratic need to differentiate and justify the existence of civil servants.