Location, location, location! Choosing the right area for your Rent 2 Rent HMO

016 - Looking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast17rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast17rv ✅This one really gets people confused. Where should you start?Kay asked...How do you manage a rent to rent outside of your home location/city?How do you find a profitable area? Richard wants to know...How do you establish if an area is “too” saturated for additional HMOs?Stephanie Taylor covers practical tips on selecting profitable areas, assessing demand to ensure each property works for you.Learn the importance of choosing properties that meet specific criteria. Stephanie also shares insights from Brenda and Maria, who secured impressive cashflows with their first deals. This episode is packed with actionable advice to help you succeed in your rent to rent journey.Stephanie and Nicky Taylor are sisters and co-founders of HMO Heaven and Rent to Rent Success. Starting from humble beginnings, they are now successful businesswomen, speakers, authors and coaches who’ve helped thousands of people to change their lives. They are passionate advocates that ethical property investing is open to everyone, not just the elite few.Timestamps1:55 Choosing the right location for your first rent to rent deal4:18 Essential criteria for choosing an HMO investment location8:32 Assessing demand and saturation in property markets12:17 Getting started with one property"People are doing rent to rent in cities all over the country. Rent to rent works in most cities.” - Stephanie Taylor“Choose an area you know well as your first area people overlook how much easier this will make the process.” - Stephanie TaylorLooking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast17rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast17rv ✅Support the show