He Built a 50-Unit HMO Empire in Just 6 Months

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From a failed property deal and £50,000 loss to building a 50-bedroom HMO business generating around £30,000 a month in turnover, Joseph from Property Amigos shares exactly how he transformed his property journey.

After a hotel investment went badly wrong, Joseph set himself an ambitious target – secure six rent-to-rent HMOs in six months and build enough monthly income to support the lifestyle he wanted for his family. His strategy focused on company lets, professional HMOs, strong landlord and agent relationships, and targeting areas with proven tenant demand.

In this property tour, Joseph and his son Josh show inside their HMO portfolio in Plymouth, including large en suite HMOs near Derriford Hospital and in the city centre. They explain how they attract NHS staff, dock workers and other professional tenants, fill rooms quickly and achieve profits of around £2,000 per property per month on some of their deals.
Joseph also breaks down how he finds rent-to-rent HMO opportunities, approaches letting agents for company lets, works with JV partners and angel investors, manages a 50-room portfolio, and consistently generates new property leads. You will also hear the story behind the deal that nearly made him question whether property investing was right for him – and how that setback helped shape the business he has today.

✨ Follow Joseph's journey on Instagram: https://www.instagram.com/joseph_thepropertyamigos

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