Why We Chose a 6-Bed HMO (Not 7) — The Truth. How to Vet a JV Partner (Bank Statements to Gut Feel)
Автор: Omer Mehmet
Загружено: 2025-10-31
Просмотров: 361
Описание:
Omz Property Podcast | Building HMOs, Smarter Networking & Bullet-Proof JVs with Vivek & Satyan
In this episode, Omer sits down with Vivek and Satyan, co-founders of Property Synergy Mixer, a London networking event focused on real collaboration. We cover their move from 20+ years in banking and consulting into property, why they teamed up, and the realities of delivering their first 6-bed HMO in Kent originally scoped as 7 beds.
You’ll learn:
• How to get real value from networking and spot red flags in paid education
• JV vs business partnership, trust, heads of terms, and “try before you buy”
• HMO numbers: £270k purchase, ~£410k all-in, aiming for ~£500k valuation (C4)
• Why they pivoted from 7-bed sui generis to 6-bed C4 and the building control implications
• Contractor selection, trade management, contingencies, and building your project playbook
• Designing ethically for your tenant profile and playing the long game
Sponsor
Trinity Finance. FCA authorised mortgage brokerage for FTBs, remortgages, BTL, portfolios, HMOs, MUFBs, bridging, development, mezzanine and auction finance.
[email protected]
Resources
• Property Synergy Mixer on Eventbrite or LinkedIn
Guests
Vivek — Accelerated Property
Satyan — Co-founder, Property Synergy Mixer
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