This event is coming to you LIVE online. Join the UKs leading PROGRESSIVE property networking event interactive and ONLINE.
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When? 12th May 2020 – 7.00pm
Where? PPN Derby
I began property investing in 1991 letting rooms to students. At the time I was a College Lecturer lecturing in Law. My tenants were students who all came from the College where I worked. I discovered that by renting out individual rooms to my student tenants, this would generate between 3 and 5 times more rental income as opposed to letting the house out on a single let basis. Thus I began to specialise in acquiring and converting properties into HMO’s (Houses of Multiple Occupation) to maximise my investment returns.
In July 2003 I decided to leave my job as a College Lecturer and I began to buy investment properties full time. At this point I set myself a target to purchase a further 50 properties before the buy-to-let boom finished, which I felt would only last a further 12 months. In the end it took me 18 months to purchase those 50 properties and the property boom went on until 2008.
I now have 120 HMO’s, 30 single let properties and I also have 18 lease option properties. In all, I have a portfolio comprising more than 900 rooms.
I also own a Letting Agency which employs 5 full time staff who look after my property portfolio as well as other landlords properties. I also have a building, maintenance and refurbishment team to look after the overall maintenance of my properties.