The HMO Podcast

Financial Planning for Your HMO Business

June 07, 2023 Andy Graham Episode 207
Financial Planning for Your HMO Business
The HMO Podcast
More Info
The HMO Podcast
Financial Planning for Your HMO Business
Jun 07, 2023 Episode 207
Andy Graham

In this episode, we dive into the often overlooked but crucial aspect of financial planning for your HMO property business. While it may not be the most glamorous side of property investment, it is an essential part of what we should all be doing, yet many of us fall short in this area. We will cover the following topics:

  • Basics of financial planning
  • Setting financial goals
  • Budgeting
  • Cashflow management
  • Profit and loss forecasting
  • Finance and investment reinvestment
  • Risk management contingency and planning
  • Tools and software for implementation and management

Whether you're a seasoned investor or just starting out, this episode will provide you with practical strategies that you can implement right away. 

-

Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Show Notes

In this episode, we dive into the often overlooked but crucial aspect of financial planning for your HMO property business. While it may not be the most glamorous side of property investment, it is an essential part of what we should all be doing, yet many of us fall short in this area. We will cover the following topics:

  • Basics of financial planning
  • Setting financial goals
  • Budgeting
  • Cashflow management
  • Profit and loss forecasting
  • Finance and investment reinvestment
  • Risk management contingency and planning
  • Tools and software for implementation and management

Whether you're a seasoned investor or just starting out, this episode will provide you with practical strategies that you can implement right away. 

-

Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.