From Homeowner to Landlord - This Wasn't the Plan!

What happens when you buy a property expecting to sell a few years down the line… and it just doesn’t?😫 In this episode, Phil Spencer sits down with Alex, Move iQ’s Head of Partnerships, to talk candidly about going from a homeowner to a landlord. This wasn’t his plan but when selling wasn’t an option, renting out the property instead made the most sense. Alex shares what it’s like to become a landlord almost overnight, the lessons learned during the process and the advice he has for others in a similar situation. Together, Phil and Alex break down the real-world risks, responsibilities, and decisions that come with renting out an unsold property; from finances and legal obligations to managing tenants and stress levels 🏡 📑 👉TIMESTAMPS ⏱️ Chapters 00:00 Introduction 01:07 Alex’s story about becoming an accidental landlord 05:19 Pros and cons of renting out your property 07:20 Advice for other accidental landlords Enjoyed this episode? Want to see more? Subscribe to the YouTube channel with the link below. That way, you won't miss any future uploads! 👉 SUBSCRIBE TO THE MOVE iQ YOUTUBE CHANNEL 🔗 https://www.youtube.com/c/MoveiQ 👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉ 🔗 https://www.moveiq.co.uk/newsletter-signup/ 👉 VISIT OUR MOVE iQ WEBSITE 💻 🔗 https://www.moveiq.co.uk/ ➤ CONNECT WITH MOVE iQ ON SOCIAL 📲 Instagram: https://www.instagram.com/moveiq/ Facebook: https://www.facebook.com/MoveiQ/ TikTok: https://www.tiktok.com/@philspencertv?lang=en X: https://twitter.com/MoveiQProperty