#1 HMO Hero - Paul Tanner - Building A Property Empire Fast!
Building A Property Empire. FAST! With HMO Hero Paul Tanner
HMO Heroes is a celebration of excellence within HMO professionals. HMO stands for house of multiple occupation aka house shares. We do a series of live video interviews with people who are exceptional in this area. We have a free HMO Heroes facebook group where HMO obsessives hang out and we'd love to welcome you. You'll need to be a member of the group to watch the videos.
In this HMO Heroes Live, I’m thrilled to introduce you to Paul Tanner. Paul is a funny guy, he’s built a great company and I love his ambition and his drive.
Paul is testament of what can be achieved with the right mindset and focus.
When you watch this, you’ll be amazed that Paul has only been in property full-time for just over 2 years!
- Built up a lease options portfolio
- Created a rent to rent business
- Built up his lettings business to over 200 units and hired a team
- Bought a lettings agency
- Is currently converting a property to 15 all-ensuite units with all money out
- And moving forward Paul has further development plans as well as buying a letting agency each year!
So I think you’ll agree he named his company well, when I tell you it’s called Empire Property & Lettings.
Whether you’re just starting out in property or you’re scaling your business there are lots of golden nuggets in Paul’s story
Are you an HMO Enthusiast?
To join at the HMO Hero hangout and watch HMO superstars give the tips that worked for them.
I know you’re going to love this whatever stage of business you’re at there are tons of takeaways.
25:30 - Starting out in rent to rent and a bumper deal!
28:15 - Commercial property
29:24 - Paul’s portfolio rescue
30:48 - Paul’s 15 en-suite beauty
36:14 - Paul’s plans for the future – land developments – commercial to residential – coaching/mentoring – acquiring letting agency each annually
39:09 - Recommended software for property business
40:50 - Top advice for property investors
01:35 - Paul’s achievements in a nutshell
03:34 - Top tips on minimizing voids
08:17 - The 5 Ps to keep your properties full 365
14:24 - Bumper tip for giving notice to improve your voids
16:47 - Paul’s start in property
17:20 - The training that Paul did
19:20 - Paul’s lease option tips – The power of persuasion
23:00 - Making the leap from full-time employment