Ep. 1 - What Is A HMO And How I Achieved Financial Freedom

Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Welcome to the inaugural edition of The HMO Property Show. The HMO Property Show is here to educate, motivate, entertain and inspire you wherever you are on your property journey. In this first episode I explain how I used HMO’s to create financial freedom, who lives in a HMO and why we haven’t even scratched the surface with the amount of rooms we have brought to the market to date. We also discuss impact investing and how we are changing the way people live in Australia ENJOY! Follow us on our socials to find out more: Website: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co FaceBook Group: Perth HMO and NDIS High Cashflow Investment Properties Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ Timestamps: 00:00 Introduction 01:30 Self-introduction 01:49 Real Estate Journey 04:00 Podcast Episode Breakdown 05:35 How our cashflow journey started 08:22 HMO Property Co. Journey 09:34 What is HMO Property Co. 09:59 1st Pillar 10:39 2nd Pillar 11:43 3rd Pillar 14:25 How we differ from other rental market 15:23 HMO is the missing housing/rental accommodation 17:13 The Western Australian market 17:57 Australian housing market statistics 18:58 Density Targets within local communities 20:00 Accommodation style that won’t go out of fashion 21:00 Skill Shortage and Migration 23:40 Social & Environmental Impact 26:28 3 Principles of Great HMO 30:36 Reiwa Excellence in Innovation 34:00 depreciation 36:04 How HMO changed my life 36:31 Quote of the day Disclaimer Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and/or property/investment strategies.