• Was I wrong about sweat equity? Ben Allan's £100k HMO

  • Jan 19 2025
  • Durée: 17 min
  • Podcast

Was I wrong about sweat equity? Ben Allan's £100k HMO

  • Résumé

  • In this episode I head up to Gateshead to visit Ben Allan as he completes his first HMO conversion, following the advice and support from our Inside HMO Investing programme.

    Starting with a hands-on approach, Ben shares how his background as a joiner helped him tackle nearly every aspect of the renovation himself—saving money, building confidence, and creating a high-yielding property.

    We discuss the challenges he faced, from navigating stressful bridging loans to uncovering hidden surprises in the property, and how he maintained focus on his goal of achieving financial freedom for his growing family.

    With a 40% ROI and tenants moving in just weeks after completion, Ben’s journey is packed with lessons on managing timelines, choosing the right projects, and deciding when sweat equity is worth it.

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    Welcome to the Inside Property Investing Podcast with Mike Stenhouse. You're in the right place if you're looking for practical advise and inspiring stories to help you build a thriving property investment business and create more freedom in your own life.

    Register now for our free 2025 HMO Training Series (starts January 23rd) >>

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