Profitability is important. Especially for HMO schemes, it’s important to maintain your ability to be making a profit from the properties you own. This may mean enticing more people to live in the house, and/or improving the quality of the property itself and ensuring the tenants are happy staying.
These suggestions featured below will either increase the amount of money you make from the house, or make sure you maintain a steady level of tenants (paying rent). Some of these suggestions may include additions that require funds, this money can be seen as an investment, but remember to monitor and recoup any money you spend on the property.