EPISODE · May 1, 2023 · 46 MIN
Juicy Q&A with Sophie & Simon - all YOUR top Rent to Rent questions answered!
from Girls In Property · host Sophie & Simon
With such a great response from all our listeners about our Rent to Rent episode Sophie & Simon delve into the GiP mailbag and answer all of your questions (with a little help from our friend Henri Ghijben from last week's pod).1) Market research: How do I know if a property is in a 'good' location? Researching your target tenant & what they are looking forHow do I know how much rent to charge?Gauging demandShould I take on a property that is two hours away?How can I ensure I don't lose money? 2) Putting the plan into action:Negotiating a rent-free periodGet viewings in early - get cash-flowing before tenants even move inEnsuring occupancy - messaging those looking for rooms on Spareroom, messaging centres of employment (hospitals, nursing homes, large providers).Compliance for HMO & SA - where to find standards and compliance in your areaGet a 3rd party fire risk assessment to mediate responsibility with ownersGetting council approval for serviced accommodation How to work Rent to Rent with Landlords who have mortgages3) Day to day & lifestyle:Handling novel & emergency situationsMaintenance & complianceAttitude is more important than knowledge - you aren't expected to know it all!Its all about customer serviceWhat work is involved day-to-day and what is the work/life balance like?When to take on help to work on the business not in the businessWhat do you do if a guest won't leave your SA? Phone a Friend with Henri GhijbenHow to resolve cost disputes with Landlords - have a good proposal & contract to manage expectations and fall back on when there is an issueMaintenance - budgets, inspections, reporting & shouting about your good service to Landlords. 4) Building relationships & growing your businessHow to open & build relationships with agentsListen & learn about Landlords throughout - ask about their situation, needs and experiences with a view to pitching your servicesSpeaking to agents when you are starting out How to Get Involved With The Girls in Property 👇 👩 Join our GIP Community🎟️ Be the First To Hear About our Upcoming Events 🧠 Find Your First/Next Step in Property with our 3 min quiz 💵 Learn how to make £1000 in the next 30 days Get In Touch📷Girls in Property Instagram📧 [email protected]
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With such a great response from all our listeners about our Rent to Rent episode Sophie & Simon delve into the GiP mailbag and answer all of your questions (with a little help from our friend Henri Ghijben from last week's pod). 1) Market research: How do I know if a property is in a 'good' location? Researching your target tenant & what they are looking forHow do I know how much rent to charge?Gauging demandShould I take on a property that is two hours away?How can ...
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Juicy Q&A with Sophie & Simon - all YOUR top Rent to Rent questions answered!
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