Making Profits from Properties You Don't Own With Rent 2 Rent
Manage episode 382801936 series 2882375
Want to jump into the property market but don't have a bottomless pot of money? Don't worry, there's a strategy for you – Rent-to-Rent. I'm Mark Fitzgerald, and I'll walk you through my experience starting with House in Multiple Occupation (HMO) and service accommodations. You'll learn how this low capital startup can fetch a good return, keep property well-maintained, and become a win-win for you and the landlord. Imagine sprucing up an existing property without draining your pockets. Yes, it is possible!
Negotiation and property management are two skills you need to ace in this business. The secret is to present your package as a valuable proposition to landlords or agents. I'll tell you how to set the rent at a rate that leaves both parties happy. We'll also discuss contracts and break clauses, your best friends in reducing risk. Want to know where you can find a goldmine of free resources and training? Check out thepropertyunleashed.com.
The rent-to-rent strategy is flexible and lets you experiment. Play with color schemes, try different furniture layouts, and watch your property transform. Ever thought of managing buy-to-lets or offering short-term rentals? It's all in the cards. Another pro-tip, keep a close eye on the real estate landscape in different areas. Knowing what works where can save you from landing in the wrong location. Remember, investing in yourself and doing your homework is key, and this journey in real estate might just be the best adventure you ever embark on. So, are you ready to take the plunge?
VALUABLE RESOURCES:
- Visit www.thepropertyunleashed.com to explore are free Property Ebooks and guides in Rent-to-Rent, Serviced Accommodation, Deal Sourcing and and also our FREE training masterclasses to help you generating a sustainable income through property.
- https://www.facebook.com/groups/816926952556608 to meet like-minded property investors and be a part of the community.
- Attend your first property investors network (pin) Meeting for free by using the voucher code “Mark31”
CONNECT WITH ME:
Facebook: https://www.facebook.com/mark.fitzgerald.7921
Instagram: https://www.instagram.com/markfitzgeraldentrepreneur/
Linkedin: https://www.linkedin.com/in/mark-fitzgerald-59200079/
YouTube: https://www.youtube.com/channel/UCgwQNC72nEJQ0tKkKERdQOQ
Threads: https://www.threads.net/@markfitzgeraldentrepreneur
Chapters
1. Advantages of Rent-to-Rent Strategy (00:00:00)
2. Negotiating Rent and Managing Properties (00:09:08)
3. Rent-to-Rent Strategy Benefits and Flexibility (00:17:23)
4. Getting Started in Real Estate Investment (00:27:43)
283 episodes