Hi everyone. I'm currently investing in HMOs and I have a question that I'm assuming most people involved in HMOs think about but I would love to open a conversation about it.
When purchasing a HMO, the asking price is often, if not always, inflated because of the potential cashflow that these properties offer. However the "bricks and mortar" value is in reality much lower.
I want to purchase a HMO property for a market value that is related to it's real cost as suppose to its inflated cost, to reduce the risk of loss if the HMO demand in this area decreases, and also to see capital