What if I fail at getting any tenants & lose money each month on my R2R HMO?
Welcome to episode 18 of 'Ask The Angels' where we answer your rent to rent questions.
We’ve had a question from Aadam about what happens when rent to rent doesn’t work, and I know you might be wondering the same thing.
Here’s Aadams’s question…
”I’m just really daunted by the worst case scenario being I fail at getting any tenants and am losing money evert month with the rent. Is there any way I can break the contract? E.g. put a 3 month break clause in?
I’m sorry if this is a silly question.”
This is not a silly question.
This is a great question.
It’s a natural concern to have.
And going into rent to rent without proper due diligence can create this problem.
Within the Rent 2 Rent Success System we explain exactly how to choose the right property in the right area and price it correctly for your target housemates.
So, listen to the episode to find out the strategies we teach to choose the right tenants and rapidly fill rooms.
If you’re new with us today and you’d like to learn more about rent to rent, check out our free Free Rent 2 Rent Success Masterclass
Ask your question!
If you’d like to have your question answered go to rent2rentsuccess.com/ask and record your question from me to answer for you.
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Until next time, have a great rest of the week.
And remember, Believe Bigger, Be Bolder and Be a Gamechanger!
See you soon!
Stephanie & Nicky
xx
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