Here’s What You Get:
Rent to Rent is where you rent a property from a landlord and rather than live in the property, rent it out again, for a profit.
Typically you’ll achieve a higher rental income by utilising the Serviced Accommodation or HMO models and pay the landlord a guaranteed rent which is far lower than you’ll be able to charge to your tenants.
Programme structure:
RENT-TO-RENT ACCELERATOR
Aim: Get your first R2R deal within 4 weeks of today
Business Planing & Setting Up (week 1)
- Power Of Diarising
- Two Main Strategies
- Locating Your Patch
- Knowing Your Strategy
- Selecting Your Management Plan
- Establishing Your Goals
- Business Loans
- Risk Assessing Everything
- Registering the Company
- Company Name and Business Banking
- Insurance and Compliance
- Set Up Your £0.01 Website
- Business Cards for £11.99
- Launching Your NEW Business
Finding Landlords That Get It (week 2)
- Real Life Case Studies
- What’s In It For Them?
- Length of Agreement
- What Stops The Landlord Doing It Themselves
- Void Periods
- Maintenance Issues
- Management Fees
- Tenant Issues
- Late Payments
- Sell Yourself First
- Approaching Letting Agents
- Doing Business With Agents
- Direct To Vendor for SA’s
- Direct to Vendor for HMO’s
- The Problem With Deal Sources
- Social Media Farming
- Face To Face Meetings (networking)
Presenting Your Offer (week 3)
- Go For No (Numbers game)
- Go For Yes (Skills)
- Live Rent To Rent Phone Call Analysis
- Always Be Closing
- Qualifying the Landlord
- Booking a Viewing
- Carrying Out a Viewing
- Explaining the Idea
- Crunching the Numbers
- ROI Formula
- Submitting Your Offer
- Negotiating The Deal
- Money Upfront
- Works Required
Answering Difficult Questions
- Answering Difficult Questions Intro
- Have you done this before?
- Your company is brand new?
- What if you can’t fill the property?
- Isn’t this subletting?
- Can I think about it?
- Send me the details over email?
- Why couldn’t I just rent it myself?
Contracts & Due Diligence (week 4)
- Rent-to-Rent Contracts (HMO + SA)
- Break Clauses
- Checking the Title Deeds
- Mortgage Restrictions
- Correct Insurance
- HMO Rules
- HMO Market Research
- SA Rules + Market Research
- Unfinished Business
- Raising Finance
- Collaboration Rent-to-Rents
Getting The Tenants (bonus material)
- Quality Tenants Fast
- Stage the Property
- Money Shot Photos
- Listing Your HMO
- Listing Your SA
- Proactive Call Outs
- Orchestrating Open Viewings
- Being Rigid Makes You Poor
- Sell Your Tenants
- Tenant Checks
- AST Contracts / Terms of Hire
- CRM System
- Don’t Stop Advertising
- Creating Passive Income
