Jim began property investing in 1991 letting rooms to students. At the time he was a College Lecturer lecturing in Law. His tenants were students who all came from the College where Jim worked. He immediately discovered that by renting out individual rooms to his student tenants this would generate between 3 and 5 times more rental income as opposed to letting the house out on a Single Let basis. Thus he began to specialise in acquiring and converting properties into HMOs (Houses of Multiple Occupation) to maximise his investment returns.
In July 2003 he left his job as a College Lecturer, where he was lecturing in Law and began to buy investment property full time. At that point he set himself a target to purchase a further 50 properties before the buy-to-let boom finished, which he felt would only last a further 12 months. In the end it took him 18 months to purchase those 50 properties and the boom went on until 2008.
Jim now owns 140 HMO’s, 30 Single Let properties and he also has 19 Lease Option Properties. In all he has a portfolio comprising more than 1000+ rooms and still counting.
He owns a Letting Agency called J 9 Accommodation which employs 6 full time employees who look after his property portfolio as well as other landlords properties. He also has a 12 man building, maintenance and refurbishment team to look after the overall maintenance of his portfolio. Another 6 work in the HMO Daddy offices, dealing with property acquisition and the training courses we run.
Jim’s other love apart from property is teaching. He loves to lecture. He regularly holds Property Training Courses and Property Management Training Workshops at his company offices focusing on investing in Houses of Multiple Occupation.