The Inside Property Investing Podcast | Inspiration and advice from a decade investing in UK real estate

Was I wrong about sweat equity? Ben Allan's £100k HMO

Mike Stenhouse: Property Investor Episode 420

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0:00 | 15:44

In this episode I head up to Gateshead to visit Ben Allan as he completes his first HMO conversion, following the advice and support from our Inside HMO Investing programme. 

Starting with a hands-on approach, Ben shares how his background as a joiner helped him tackle nearly every aspect of the renovation himself—saving money, building confidence, and creating a high-yielding property.

We discuss the challenges he faced, from navigating stressful bridging loans to uncovering hidden surprises in the property, and how he maintained focus on his goal of achieving financial freedom for his growing family.

With a 40% ROI and tenants moving in just weeks after completion, Ben’s journey is packed with lessons on managing timelines, choosing the right projects, and deciding when sweat equity is worth it.

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Inside Property Investing has been one of the UK’s leading property podcasts for over a decade, helping thousands of investors start and scale successful portfolios.


After 10 years of education and over 400 interviews with investors, developers, and industry experts, the business is now closing down.


Before stepping away, the complete Inside Property Investing training archive has been released one final time at a massive discount, bringing together the step-by-step systems used to build hundreds of successful HMO portfolios.


If you’d like access before it closes, you can find details here >>