With such a great response from all our listeners about our Rent to Rent episode Sophie & Simon delve into the GiP mailbag and answer all of your questions (with a little help from our friend Henri Ghijben from last week's pod).

1) Market research: 

• How do I know if a property is in a 'good' location? 
• Researching  your target tenant & what they are looking for
• How do I know how much rent to charge?
• Gauging demand
• Should I take on a property that is two hours away?
• How can I ensure I don't lose money? 

2) Putting the plan into action:

• Negotiating a rent-free period
• Get viewings in early - get cash-flowing before tenants even move in
• Ensuring occupancy - messaging those looking for rooms on Spareroom, messaging centres of employment (hospitals, nursing homes, large providers).
• Compliance for HMO & SA - where to find standards and compliance in your area
• Get a 3rd party fire risk assessment to mediate responsibility with owners
• Getting council approval for serviced accommodation 
• How to work Rent to Rent with Landlords who have mortgages

3) Day to day & lifestyle:

• Handling novel & emergency situations
• Maintenance & compliance
• Attitude is more important than knowledge - you aren't expected to know it all!
• Its all about customer service
• What work is involved day-to-day and what is the work/life balance like?
• When to take on help to work on the business not in the business
• What do you do if a guest won't leave your SA? Phone a Friend with Henri Ghijben
• How to resolve cost disputes with Landlords - have a good proposal & contract to manage expectations and fall back on when there is an issue
• Maintenance - budgets, inspections, reporting & shouting about your good service to Landlords. 

4) Building relationships & growing your business

• How to open & build relationships with agents
• Listen & learn about Landlords throughout - ask about their situation, needs and experiences with a view to pitching your services
• Speaking to agents when you are starting out 

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Disclaimer: None of the content in our podcast is intended to constitute legal or financial advice. All interviews and statements are the thoughts & opinions of the hosts and guests themselves and should be taken as such. Any information used from this podcast is done so at your own risk.