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In episode 80 of the Rent to Rent Success podcast, Stephanie Taylor interviews Anthony Obomanu, a successful property entrepreneur and chartered accountant who set out to retire by 40 and achieved it through strategic property investments. Anthony shares his journey from his first property purchase in Dagenham to aggressively expanding his portfolio across Birmingham, Bolton, and London.
He discusses the challenges faced during the 2008 recession, the importance of tenant relations, his unique approach to HMOs, and the significance of taking action and understanding one's strengths in property investment. Anthony also speaks about his new initiatives, including offering traineeships for young people and consulting on property investments.
About the Hosts:
Stephanie and Nicky Taylor are sisters and co-founders of HMO Heaven and Rent to Rent Success. Starting from humble beginnings, they are now successful businesswomen, speakers, authors and coaches who’ve helped thousands of people to change their lives. They are passionate advocates that ethical property investing is open to everyone, not just the elite few.
Timestamps
00:00 Introduction to Rent to Rent Success
00:52 Meet Anthony AB Banu: Property Rockstar
01:58 Anthony's early property journey
02:58 Strategic property investments
04:13 The Importance of financial planning
15:20 Navigating the 2008 financial crisis
16:41 Discovering the HMO strategy
19:54 Choosing quality over quantity in property investments
20:49 Innovative kitchen strategies for HMOs
22:56 Self-managing vs. using an agent
24:40 Tips for Successful HMO Management
26:29 Influences and inspirations
29:09 Future opportunities and personal growth
31:09 Consultancy and mentorship programs
35:29 Final advice and encouragement
36:51 Conclusion and additional resources
" I sold a car I had and realized it wasn't, giving me any cash flows, just a liability. So the money I made from that car, I purchased a house. Bolton and that house I've still got today and I look at the house has been cash flowing. The way to grow wealthy is to buy assets, not liabilities. — Anthony Obomanu
Looking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:
✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast80rv ✅
Get your FREE copy of the #1 Rent 2 Rent Success Book!
✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast80rv ✅