Actions and Detail Panel
Veritas Harrow Property Meetup
Tue 25 April 2017, 18:30 – 21:00 BST
Good Honest Friends,
Here we are, into April already. How 2017 is flying by!!
It is with great pleasure that we would like to invite you to our inaugural Harrow Property Meetup on Tuesday 25 April for a 6:30pm start.
The Truth about HMO's, are they still a valid strategy??
At this months meeting, we are most proud to give you as our keynote speakers published author Richard Leonard and Martin Roche with us to talk us through their blueprint for success. Both are highly experienced, yet still fully involved in the full day to day running of the operation. So, expect a combination of a vast wealth of experience, along with fully current knowledge of the current HMO marketplace. Recently, the HMO strategy has taken a slight bashing. Is it null and void as a cash-flowing business you might well ask?? Now that other brighter, more glamorous strategies have emerged is the time to exit HMO's?? Or is it still a time tested and classical cash-flowing model to follow?? How does one find, fund, convert and manage this excellent, but time-intensive operation?? About Martin & Richard
Richard Leonard In a previous life, Richard spent 20 years as a Corporate Project Manager for BT, Catlin, Ramsey Healthcare, Barclays, Cazenove. He has been a full-time property professional for the last 4 years.At the last count, his combined portfolio was valued at just under £4 million pounds with an equity of £1.6m with a monthly net cash flow of an average £9 - 10k per month. Obviously, this has taken quite a bit of work to build to this level. In order to service the growing property portfolio, Richard formed Stevenage Lettings, which specialises in letting HMO properties. He teamed up with his good friend and business partner Martin Roche 3 years ago to build HMO Property Sourcing, and to date, they have secured and refurbished some 15 HMO properties for investors. Some £3.5 million pounds of property. All getting great returns.
Richard is also co-author of a book called HMO Renovation & Refurbishment Success along with Nick Fox who is based in Milton Keynes. Martin Roche
Martin is a very hands on director of HMO Property Sourcing Ltd – focusing on sourcing several very profitable HMO’s on behalf of private armchair investors (and carved out his own portfolio). HMO Property Sourcing Ltd specialises in finding suitable properties for conversion to HMOs, using 3 or more bedroomed houses and converting them into 5 or more room HMOs and subsequently managing them for investors. Martin works directly with clients to understand and deliver their property investment goals. Each HMO is carefully considered before presenting it to potential investors. Martin’s financial expertise and property knowledge ensure that the full investment potential and cash flow implications are presented clearly. Ultimately, Martin turns HMO investment plans into reality. HMO Property Sourcing Ltd specialises in providing high-end quality accommodation for professional tenants and, as the Group already has HMOs in Stevenage and therefore understands what is required for this market, we know how to attract and keep the right tenants.
In the last 2 years HMO Property Sourcing Ltd have developed 15 HMOs in Stevenage, which have a total of 85 rooms.
The event takes places upstairs at The Trinity Pub - a hidden gem behind Ealing Broadway Shopping Centre and a few minutes walk from Harrow on the Hill train / tube station. There is also ample parking available in the nearby Saint Anne's Shopping Centre car park (Car park entry until 7pm, but access for leaving is 24hr) which is minutes away. For further information on the venue please do visit -
Feel free to come nice and early for a quiet chat with the hosts so we can really understand how to help you........
Our promise to you is simple -
- An area specific event
- Great opportunities to network and showcase your business
- A chance to see what opportunities might be in your area
- Help in finding a strategy to take advantage of those opportunities
- A network of like minded people to help support each other & share information.
- Absolutely no gimmicks, "get rich quick schemes", course selling, mindset chatter (we are not qualified healthcare professionals) or other such nonsense
Looking forward to seeing you on the evening,
Mark & Roger