Have you been trying to get in on the property market but simply can't afford to buy?In this episode, Dustin sits down with Stephanie Taylor, co-founder of HMO Heaven and Rent 2 Rent Success. Stephanie’s business model for both companies is founded on the idea that you don’t need to own property to make money off of it. Stephanie is based in the UK where houses in multiple occupations (HMOs) are not only perfectly legal but also very common. When her mother became ill and Stephanie was desperately searching for a way to have more flexibility in her schedule, she discovered a gap in the market— renting to rent for HMOs.
Stephanie and Dustin dive deep into the unique real estate strategy that has catapulted Stephanie into business success. Stephanie outlines the average revenue her company makes on each rental property and the simple steps others can take to do the same with their own Rent 2 Rent business. Dustin and Stephanie discuss problem renters and the common red flags to look out for. Stephanie explains her useful strategy for mitigating issues with her renters. She shares the inspiring stories of how Rent 2 Rent has changed the lives of her clients.Want to connect with Stephanie?Follow Rent 2 Rent on Facebook.Check out HMO Heaven's website.Read her book - Rent 2 Rent Success: Our ethical 6-step system to get you started in property without buying it
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