Introduction to Rent to Rent

In this week’s show, Simon provides an introduction to one of the most discussed, yet most invaluable property strategies: rent-to-rent. Simon walks you through the best ways in which to make rent-to-rent work for you, the advantages and disadvantages involved, and how to find the best rent-to-rent deals out there.   KEY TAKEAWAYS Rent-to-rent involves finding a property owner with a rental property, renting it from them for a fixed sum each month, and then letting out the property in your own way. Minimal investment is required. Contracts and legal documents are the main expense, but minor refurbishment may also be necessary. It’s important to note that this strategy provides profit in the short-term, but because you don’t own the property, you will not benefit from long-term capital growth. Look for landlords advertising their properties, or rooms in their properties on sites such as Gumtree. Networking events, also, are a great places to meet landlords who may be disillusioned by their portfolio.   BEST MOMENTS ’This has been one of the fastest ways for people to replace their income’ ‘Rent-to-rent is a great way for you to test the market’ ‘Whatever you put into a property, you want to make sure you get that back in profit within the first year’ ’There’s no point taking on a property if you’re not making enough profit from it'   VALUABLE RESOURCES To access some free online training about Rent to Rent register for free at www.RentToRentCourse.co.uk   To access Simon’s online training course, go to www.HMOcourse.co.uk Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi   To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20) iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2   Register at Mindset For Property at - www.mindsetforproperty.co.uk    ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.   CONTACT METHOD Contact and follow Simon here: Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/