#2 HMO Hero - Garry Slater - Building A Brand & Staying the Course!
Building a Brand and Staying the Course. With HMO Hero Garry Slater
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In this HMO Heroes Live, I’m excited to welcome Garry Slater. Garry has built a thriving company and is hugely likeable. He's built multiple very successful brands and is gearing up for further significant growth
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Garry has built up several business over the past 10 years. Whatever he does, he does it exceptionally well.
I first came across Garry because his letting agency Slater & Brandley ranks first across the UK for HMO management on google.
Garry’s focus is on growing his business while maintaining exceptional quality for tenants and partners.
Garry has a great story. In the video you’ll hear about how he
- Bought 24 properties in 24 months and held on to them in the crash
- Grew his lettings business at Slater & Brandley to over 400 units including 175 HMO units by systemizing and built a team of 8
- Ramped up his HMO development and is currently completing a 4 to 9-bed project The Gables
I know you’re going to love this whatever stage of business you’re at there are tons of takeaways. Here’s a few…
You can navigate straight to these points in the video if you don't have time to watch the whole thing...
03:58 - The training Garry did which led him to buy 24 properties in 24 months
12:02 - Who are the essential people in a property management team and how do you start putting them together when starting out? – Question from Raj S
... continued below the photos
15:14 - Which professional bodies can help you to be a HMO compliant property manager – Question from Raj S
18:04 - What are the key steps in systemising a HMO business? – Question from Joey H
20:02 - What are common pitfalls managing a large number of HMOs?
I just want to know what I need to be looking out for. - Question from Joey H
23:35 - How do you vet prospective tenants what criteria do you use in order to get the most reliable ones? – Question from Paul S
32:15 - Sourcing the 4 – 9-bed development The Gables – Pure persistence!
34:25 - Going through planning with 1 parking space!
34:30 - The numbers on The Gables and bridging finance
40:11 - HMO development tips
46:40 - Advice for newbies to achieve £500 per month cashflow
48:54 - Advice for surviving in property in the long-term