HMO
An HMO is a propety rented out by at least 3 people who are not from the same household but share facilities like the bathroom and kitchen.
BRR
"Buy Renovate Rent"
An BRR is a type of property investment strategy were you buy properties that require renovation. Once the refrubishment is complete, you then rent out the ptoperty and collect rent. Instead of renting out the refurbished property you can also then sell the property and this strategy is known as a "Buy Renovate Flip" (BRR/Flip).
Flips
In simple terms, the property investment strategy of flipping involves buying a property, holding it for a short period of time, and then selling it for a higher price. This strategy can be combined with others strategies like BRR, which add value to the property via a refurbishment.
BTL
"Buy-to-Let"
In simple terms, a Buy-to-Let (BTL) property investment strategy involves you buying a property to rent/let out to someone else.
Service Accomidation
Known as "SA's"
A Service Accomidation is typically a fully furnished apartment, house or single room within a house that is available for short-term or long-term stay, providing hotel-like amenities.