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Frequently Asked Questions
How much does it cost to get started?
Normally it can cost anywhere between £5000-£8000 to set up your first Rent to Rent HMO, but once you’re making that monthly profit you will very quickly have this back.
How long does it normally take until you get your first property?
It can vary from person to person depending on the amount of time you put in and the action you take, but I have had people who collected their first set of keys after 6 weeks and others its taken 6 months.
Is Rent to Rent HMO legal?
Yes, Rent to Rent is legal when it is done with the full acknowledgement of the owner and with the correct contracts in place. We provide a full compliance section on the course to ensure everything is above board.
Why would the landlord rent their property to you?
A lot of landlords are tired of the day to day management of their property, and are happy to take a step back and have a more passive income. It could be that their property has been empty or is in need of refurbishment so they are happy for you to take it off their hands.
Contact us today for a free consultation
Are you ready to leave the 9-5 and begin building your own property portfolio?
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