Updating post from Reddit.
Hi guys, has anyone purchased Andy Graham’s HMO roadmap? Wondering if it’s any good.
I haven’t got a clue what dreams these grifters are pushing but I’ll tell you all I have for free.
If it was so easy they would be doing it and not selling it.
Tell me how much you have, your experience, what area you’re in and your phone number and I’ll leave you a 30 minute voicemail giving you everything and more for free.
Education is paramount, but it doesn’t cost.
And please spread the word, stop giving these grifters the time of day. They’re about as useless as an estate agent is in the rental system.
Hey mate. I know I'm not OP but I'll happily take you up on the offer. Do you mind if I DM you?
Sure. Send me all your info in one so I can send one long reply.
Can I be cheeky and ask too?
Edit: I’ve just DM’d you.
If you’re also sending this out, can I also be included?
All of Andy's companies they are still operating seem to be 2022 onwards, so 3 ish years of experience in those firms (note there's at least one before which was subject to strike off looking at it)
Some of the firms have big numbers kicking around in their accounts.
Where I'd stop and think is, if it's so good for them at making money, why move to selling a course? Others have made a lot of money through courses vs. the actual property they own, couldn't this be another?
Honestly I worry people jump on these training courses expecting a quick money making idea, and I can't imagine property investing, especially HMOs is that quick or easy.
Just be careful with your money 🤷♂️
Edit: Link to Andy's data on the gov search so you can see the companies etc https://find-and-update.company-information.service.gov.uk/officers/MwFDgmNgn6l0jYsBfZlysjE2D4E/appointments
The "fourth floor media LTD" looks to be the company linked to his course.
Current net assets of £2 !
Probably avoid paying for these things no doubt will tell you that rent2rent is where to start and forget to tell you that not many property owners will rent2rent so your dream will fall flat and then you realise the material fees you paid for his roadmap is the real money earner. Anything you buy now will be out of date in a few months with all the new regulations and all this talks about HMO being bad for places like hull and most of UK makes me think that policy will be clamping down hard on that once they push the rental market as hard as they can.
rent2rent worked when landlords were unaware of the risks. Now that rent 2 rent is now so widely known about there's probably no landlord who will agree to this. The coruses are selling something that no longer workers and getting rich of it.
Ive been involved in online business and seen these info marketing grifts in everyone vertical, personal develpment, business coaching, fitness, every single individiual life condition/ailment.
It seems bizzare its in property. But somehow it works for them.
The trend always seems to be with trading gurus/forex gurus/business gurus is they will peddle something when the stuff they teach no longer works as well as it used to. Classic case is FBA - SO many courses gurus pushing fba and amazon is actively trying to clamp down on these small fba newbies wanting to see commercial invoices, license to sell a certain brand etc. They show on their video of course gurus doing retail arbitrage - buying up clearance stock to put on amazon. But they dont tell you that amazon will not let a new seller come in and sell goods - they want to see commerical/trade invoices, not shop receipts.
When everyone and his dog is now making rent 2 rent courses, you can bet nobody is actually making any money on rent 2 rent.
Completely agree it may have worked a while back but now it's had the time to mature and all the crap that came from COVID and tenants stop paying rent which then saw all the rent2rent landlords disappear leaving a lots of landlords stuck with lengthy expensive legal issues with tenants that are not theirs. I agree they just jump onto the next best thing to sell. The Forex trading was so annoying. Also it's the same field as those pushing fitness jellies or shakes on FB live a few years back. Vapes was another one I know a few sellers that went bust because supermarkets just started selling them at a reduced rate same product. But yeah the whole selling a course was a big earner for some until udemy has like 1500 people selling the same course.
On the HMO awards page, it was indeed celebrated as a rent2rent teiajing, sigh.
I have never heard of this HMO roadmap. So gave it a quick Google and absolutely mind blown that the price is £750 + vat PER MONTH.
How else do you think he pays for rented lambo, pics from a beach in Dubai and a Rolex watch? These things don’t pay for themselves.
I think it’s more like £700 for the year not month
Is this crap even legal, it sounds like something I should be trying to sell but then I realise I have some morals and would feel bad ripping off suckers.
Put your card away.
I watched a tiktok the other day of a 22 year old telling me he buys land at 70k and sells it at 100k ,30k profit for doing nothing. Simple , why are you all so poor.