ATA 008 – How long should an HMO rent to rent contract be at a minimum?

Welcome to episode 008 of Ask The Angels where we answer your rent to rent questions.This one is a very good question about how long rent to rent contracts should be..."Just a quick question regarding timeframes. I wanted to know if there is a minimum time for rent to rent deals. If so, is one year a standard timeframe before agreeing to a longer term. "Minimum contract termWe have a minimum contract term of three years. This is because onboarding and tenanting a property requires an investment of our team’s time.  And if we’re paying for a refurb, it’s an investment of our money too. Therefore, we prefer contracts for a minimum of three years.If you’re in Rent 2 Rent Kickstarter Programme you find the full 911 on how to work out if a deal is profitable and structure your deal effectively in M5.2.Ask your question!If you’d like to have your question answered go to rent2rentsuccess.com/ask and record your question from me to answer for you.Visit the episode page to hear  the full answer and ask your question!✅ https://rent2rentsuccess.com/ata8 ✅Or if you’d like the Free Rent 2 Rent Success Guide & Masterclass✅ https://rent2rentsuccess.com/guide ✅ Support the show