The One Thing You MUST Do Before Taking on a Rent to Rent Property

023- 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=podcast23rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast23rv ✅In this eye-opening 23rd episode of the Rent to Rent Success Podcast, host Stephanie Taylor welcomes Sarah, an experienced property investor, to discuss a crucial yet often overlooked aspect of property investments — the importance of checking land registry. Sarah shares a compelling personal story that underscores the necessity of verifying property ownership before signing any agreements or investing significant sums of money. If you are new to the podcast, it’s recommended to start from episode one as it provides foundational insights that build up to this particular topic.Sarah recounts her experience of lending a significant sum to a well-known property investor and the subsequent issues she faced due to improper land registry checks. Despite being promised that an RX1 form would be placed on the property to secure her loan, she discovered the property was sold without her loan being repaid. This episode is packed with essential tips on how property investors and rent-to-rent entrepreneurs can protect themselves from similar pitfalls. Sarah emphasises the simplicity and importance of checking your title in the land registry, which can be done for a nominal fee, ensuring that all is in order and that you are listed as the registered owner.About the Guest:Sarah is an experienced property investor who has faced significant challenges in the world of real estate. With years of experience in property, she shares her story to shed light on the importance of due diligence in property investments, particularly the role of land registry checks. Sarah is passionate about educating others on safeguarding their investments and highlighting common mistakes that might occur during the conveyancing process.About the Hosts: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.Timestamps2:05 The importance of checking land registry in property transactions4:25 A costly lesson in property investment and loan security6:39 Ensure your property title is correctly registered10:21 The importance of checking land registry for property investors11:32 Ensuring property title security and solicitor accountability14:05 Ensuring property ownership verification in rent to rent agreements15:01 Discussing important yet unpleasant topics15:32 Ensuring property title accuracy and legal ownership18:17 Avoiding financial mishaps and recouping losses"Make sure that you are actually dealing with the owner of the property." - Sarah 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=podcast23rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast23rv ✅Support the show