April 3, 2024

When Business Goes Wrong - Richard Nicholls

When Business Goes Wrong - Richard Nicholls

In this episode I am joined by Richard Nicholls who has a fantastic knowledge and track record in the sales market of HMO properties. We also discuss the HMO market and what HMO owners can do to maximise sale values.

Selling portfolio's and large HMO to funds and what they may be looking for.


However in this episode we discuss another property related business that Richard had several years ago that had disastrous outcomes for his clients, him and his family.


This is a candid discussion about what mistakes Richard made in business, what went wrong and what we can all learn and apply in our own businesses to ensure we minimise these things happening.


We discuss warning signs for both clients and Richard acting as main contractor. We look at it from both clients perspective and what you should be looking for in a contractor as well as from a contractors point of view.


As always thanks to our sponsors www.978finance.com who provide me with fantastic finance for property investments and developments and www.konnexsion.com whose software is invaluable in managing my portfolio.


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