What does a starbucks latte, HMV and networking have in common?

By Matthew Moody | Property Resources

Experiences are an interesting concept and I’ve partaken in three recently that all differed enormously.

I’m sitting sipping a grande Cinnamon Dolce Latte (indulgent I know but its my treat for the day) at the home of phenomenal experiences Starbucks.

Everything about the Starbucks ethos, promise, atmosphere, staff and products wants me to come back again and again.  If I need a coffee when I’m in a new town, Starbucks will always be my first choice because they have mastered the experience of drinking a cup of coffee whilst relaxing on a comfortable sofa or working on your laptop at a table.  I’m not actually sipping coffee; I’m taking part in a lifestyle experience which appeals to where I am right now in my life and no matter where I go its always the same.

Contrast this to my experience of a long-established British record superstore; HMV and you couldn’t get two experiences more far apart.

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Show Me The Money

By Matthew Moody | Property Investing

Its a classic line and one I refer to a lot – and I love the movie too (for more information, you’ll just have to sign up to my exclusive ££99 value ecourse).

So what does it all mean?

Well, for most people in business cash is king.  Without cash, you can’t pay your bills, you can’t invest in your business, you can’t save money for emergencies, you can’t pay yourself!

Yet, many property investors struggle along from month to month losing money hand over fist whilst trying to get the next cashback deal which even then just gives them another debt to worry about – with no real regular cashflow to show for it.

How do you get out of the vicious circle once you’re in it?  Well, its hard but you need to start by focusing on revenue-earning opportunities and ways to improve your cashflow.

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Ask Matthew Your Property Questions

By Matthew Moody | Ask Matthew

Yes folks, here’s the section where you can ask me questions on any property-related topics that you just can’t find the answer for.

I’ll try my best to answer as many as I can; I may sometimes refer you elsewhere but I will endeavour to make sure that we get all of your questions answered.

So, keep them coming and I look forward to helping you with your property exploits.

HMO Regulations

By Matthew Moody | HMO Regulations

In 2005, significant changes were made to the Housing Act which meant that Houses in Multiple Occupancy came under additional legislation and scrutiny. 

This was to protect the people staying in HMO’s whilst ensuring that standards were nationalized and brought up to a decent and safe standard.

Generally speaking, all properties where there are more than 2 people sharing who are unrelated is classified as a HMO.  However, what this means in practice is that HMO’s need to meet national standards of rental accommodation.

None of this is too onerous and is general commonsense.Read More

Making Massive Cashflow From Property

By Matthew Moody | Property Investing

Investing is all about making a return on your money. 

Typical yields in the property market tend to be 3%-5% in the current climate for a single let.  This means that if you are paying interest on a loan of 5% plus, then you’ll be losing money if you’re heavily geared (i.e. your loan to the value of your property is more than 80%). 

With HMOs, yields are 8%-12% for a similar property based on the number of rooms.

 This means a good positive monthly cashflow can be enjoyed and you can truly run a business that brings in cash every month.Read More

Investing in HMO’s

By Matthew Moody | HMOs

The current property market is tough and cashflow is tight.

With general rises in interest rates and rents still static in many parts of the country, the majority of landlords letting to individuals (single lets) are either just breaking even or in the majority of cases subsidising the property. 

By investing in HMO’s, you are investing into a business system that can provide you and your families with a strategy that mitigates your risk, provides you with massive passive cashflow and allows you to add value to your properties.

Whether you are a first-time landlord or a seasoned player with many properties, I would always encourage everybody to have a HMO strategy within their business model.Read More