Common pitfalls of a rent to rent business

Rent - to - Rent beginners.

We've taken lots of calls with people wanting to start their own R2R business recently and one thing I've noticed is that most people new to it want to understand everything straight away but this typically stems from fear of actually getting started! It makes them feel as though they're doing something whilst not actually taking the leap!

With our clients we break the process up into 4 simple units, ensuring that each step is manageable and doesn't overwhelm the client. Here is the breakdown of our programme:

THE COMPANY SET UP - This step consists of forming the legal entity, opening a bank account, creating a logo and putting the correct insurances in place. This step is usually achieved within 7 days depending on the clients schedule

YOUR PROFESSIONAL PROFILE - We believe in starting as you mean to go on so we create a professional website and email domain for our clients whilst they optimize their social media profiles to show professionalism

THE SEARCH - This is where we teach our clients how to analyze an area and discover the potential profits and demand! Once they are confident with the area, the search begins using our tried and tested strategies and contracts to get the deal over the line

SET UP - Once the deal is sealed (typically within 30 days) the property is furnished and set up to STR regulations. WE LIST THE PROPERTY WITH YOU! To get your first bookings through the door and start generating regular cash flow into the business

If you are looking to create your own successful business then reach out to me for a chat