Common Mistakes to Avoid When Managing HMO Properties
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Managing House in Multiple Occupation (HMO) properties can be a highly rewarding endeavour, offering higher rental yields compared to traditional buy-to-let properties. However, it presents a unique array of challenges. Effective HMO property management requires a keen understanding of regulations, tenant dynamics, and proactive maintenance. Here, we delve into some common mistakes landlords make when managing HMOs and provide tips on how to avoid them, ensuring a smooth and profitable operation.
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