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Mastering RENT2RENT: Negotiating Winning Deals with Landlords
Host Laurence Lameche demonstrates expert negotiation for RENT2RENT and purchase lease option deals through real calls with landlords and agents. Revealing strategies for overcoming objections, building rapport, and structuring agreements. Gain insights on approaching landlords, handling rejections, and identifying opportunities. The episode offers practical tips for success in RENT2RENT, serviced accommodation, and creative property acquisition methods.
KEY TAKEAWAYS
- Persistence in follow-ups is crucial. Circumstances change, especially if properties remain unrented.
- Building relationships with letting agents can lead to multiple deal opportunities. Be ready to act quickly on suitable properties.
- Purchase lease options allow agreeing on future prices while renting, providing time to save or wait for value increases.
- Subletting as serviced accommodation can yield higher profits. Careful financial calculations are essential.
- Thorough due diligence includes researching comparables, understanding regulations, and calculating all costs to ensure profitability.
- Address objections to RENT2RENT or subletting by explaining concepts clearly and addressing common landlord concerns.
- Flexibility in timelines and quick action on opportunities are crucial for securing deals with landlords and agents.
- Manage short-term rentals by balancing booking lengths, maintaining platform relationships, and maximising occupancy and profitability.
BEST MOMENTS
"I agree the sale price today with the landlord. So it could be the full market value, or it could be more than what the market value of the property is at the moment. But they just allow me to rent it out for 2 or 3 years, it could be 5 years or 10 years."
"Yeah, I mean, I'm happy with any property, any location, but the reason I'm looking to rent somewhere long-term is would you ever consider selling the property to me in the future if I were to rent it now?"
"I'm also an Amazon number one best-selling author. So I've written a property book called How I Bought Three London Properties for a Football Ticket."
"How about if I give you a flat in King's Cross? Because that's the location to do Airbnb."
"Yeah, I've been doing this now since 2004. Um, bought my first property in London. Um, bought another property actually in Kings Cross in 2008 and I rented that out as serviced accommodation."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche
View all episodes
By Laurence LamecheHost Laurence Lameche demonstrates expert negotiation for RENT2RENT and purchase lease option deals through real calls with landlords and agents. Revealing strategies for overcoming objections, building rapport, and structuring agreements. Gain insights on approaching landlords, handling rejections, and identifying opportunities. The episode offers practical tips for success in RENT2RENT, serviced accommodation, and creative property acquisition methods.
KEY TAKEAWAYS
- Persistence in follow-ups is crucial. Circumstances change, especially if properties remain unrented.
- Building relationships with letting agents can lead to multiple deal opportunities. Be ready to act quickly on suitable properties.
- Purchase lease options allow agreeing on future prices while renting, providing time to save or wait for value increases.
- Subletting as serviced accommodation can yield higher profits. Careful financial calculations are essential.
- Thorough due diligence includes researching comparables, understanding regulations, and calculating all costs to ensure profitability.
- Address objections to RENT2RENT or subletting by explaining concepts clearly and addressing common landlord concerns.
- Flexibility in timelines and quick action on opportunities are crucial for securing deals with landlords and agents.
- Manage short-term rentals by balancing booking lengths, maintaining platform relationships, and maximising occupancy and profitability.
BEST MOMENTS
"I agree the sale price today with the landlord. So it could be the full market value, or it could be more than what the market value of the property is at the moment. But they just allow me to rent it out for 2 or 3 years, it could be 5 years or 10 years."
"Yeah, I mean, I'm happy with any property, any location, but the reason I'm looking to rent somewhere long-term is would you ever consider selling the property to me in the future if I were to rent it now?"
"I'm also an Amazon number one best-selling author. So I've written a property book called How I Bought Three London Properties for a Football Ticket."
"How about if I give you a flat in King's Cross? Because that's the location to do Airbnb."
"Yeah, I've been doing this now since 2004. Um, bought my first property in London. Um, bought another property actually in Kings Cross in 2008 and I rented that out as serviced accommodation."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche