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Rent-2-Rent SA, What’s All The Fuss About?
In this episode, Alex talks about rent-to-rent a strategy that you can use to get into the Airbnb business even if you don´t have the money to buy a property. With this approach you don´t need a large deposit, a mortgage and having poor credit is not an issue.
It´s an easy way to get started so there are a lot of people doing this, which makes finding rent-2-rent properties harder. Alex shares several ways to find deals even in such a crowded market.
THE AIRBNB BLUEPRINT CONSULTANT - CONTACT US
https://airbnbblueprint.co.uk/join/
KEY TAKEAWAYS
- If you don´t have sufficient funds to buy a property, consider using the rent-to-rent strategy.
- In the UK, agents still control 90% of the available rental properties.
- To rent from agencies you need to get through their vetting process. Often, they will not allow rent-to-rent.
- Going direct to landlords solves these issues.
Offer the landlord a long contract. They like set and forget deals.
Start by approaching landlords who already know you e.g. a family member. - Anticipate the concerns landlords have about letting their property be used for Airbnb.
- Overcome those potential objections during your pitch.
- Demonstrate to the landlord that renting to you is less risky, will make them more money and improve their property. Alex explains how.
BEST MOMENTS
“You need significantly less startup capital than if you were going to buy a property.”
“Let everybody know that you are now a professional property investor who's educated, knowledgeable with training, and looking to get your first deal.”
“Do long term contracts of three years, plus guarantee their rent.”
“When a family moves into your property and signs that contract …. that essentially becomes their property. They have to do a lot of bad stuff for you to be able to get them out.”
“Once you've got that first property off the ground, it's going to get easier. The snowball is going to start to build.”
LINKS
FREE Airbnb Blueprint Coaching Community - https://www.facebook.com/groups/2342454789487705
HOST BIOS
Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years. -
This AirBnB Business has allowed each of them to create their own tailor-made ‘lifestyle by design.’
Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.
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By Alex MannockIn this episode, Alex talks about rent-to-rent a strategy that you can use to get into the Airbnb business even if you don´t have the money to buy a property. With this approach you don´t need a large deposit, a mortgage and having poor credit is not an issue.
It´s an easy way to get started so there are a lot of people doing this, which makes finding rent-2-rent properties harder. Alex shares several ways to find deals even in such a crowded market.
THE AIRBNB BLUEPRINT CONSULTANT - CONTACT US
https://airbnbblueprint.co.uk/join/
KEY TAKEAWAYS
- If you don´t have sufficient funds to buy a property, consider using the rent-to-rent strategy.
- In the UK, agents still control 90% of the available rental properties.
- To rent from agencies you need to get through their vetting process. Often, they will not allow rent-to-rent.
- Going direct to landlords solves these issues.
Offer the landlord a long contract. They like set and forget deals.
Start by approaching landlords who already know you e.g. a family member. - Anticipate the concerns landlords have about letting their property be used for Airbnb.
- Overcome those potential objections during your pitch.
- Demonstrate to the landlord that renting to you is less risky, will make them more money and improve their property. Alex explains how.
BEST MOMENTS
“You need significantly less startup capital than if you were going to buy a property.”
“Let everybody know that you are now a professional property investor who's educated, knowledgeable with training, and looking to get your first deal.”
“Do long term contracts of three years, plus guarantee their rent.”
“When a family moves into your property and signs that contract …. that essentially becomes their property. They have to do a lot of bad stuff for you to be able to get them out.”
“Once you've got that first property off the ground, it's going to get easier. The snowball is going to start to build.”
LINKS
FREE Airbnb Blueprint Coaching Community - https://www.facebook.com/groups/2342454789487705
HOST BIOS
Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years. -
This AirBnB Business has allowed each of them to create their own tailor-made ‘lifestyle by design.’
Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.