ATA 077 – What if there’s too much competition for rent to rent in my area?

This weeks Ask The Angels question is from Michael and it is one people get concerned about a lot - rent to rent competition in your area.Here’s Michael's question...“What if there are lots of other rent to rent companies in my area.Can I still get started?” People are worried that the HMO market for tenants is saturatedThis question is about there being too much competition from other rent to renters. So what’s the answer?Choosing the right area is important.When you choose the right area there will be other providers (I prefer not to call them competitors). If you are the only person doing HMO property management, there’s got to be something wrong. When we started in Newport, people said it’s too late, there’s too much competition, it won’t work. Don’t listen to the unsuccessful people.Listen to the people who are doing it.Visit the episode page to hear the full answer and ask your question!✅ https://rent2rentsuccess.com/ata77 ✅You can have you question answered at✅ https://rent2rentsuccess.com/ask ✅If you want to know more about all aspects of starting your rent to rent and the ethical way to make money from properties you don’t own, get the rent to rent Masterclass & Guide.✅ https://rent2rentsuccess.com/guide ✅And if you want more rent to rent goodness check us out on TikTok@rent2rentsuccess Support the show