What if there’s too much competition for rent to rent in my area?
This weeks Ask The Angels question is from Michael and it is one people get concerned about a lot - rent to rent competition in your area.
Here’s Michael's question...
“What if there are lots of other rent to rent companies in my area.
Can I still get started?”
People are worried that the HMO market for tenants is saturated
This question is about there being too much competition from other rent to renters.
So what’s the answer?
Choosing the right area is important.
When you choose the right area there will be other providers (I prefer not to call them competitors).
If you are the only person doing HMO property management, there’s got to be something wrong.
When we started in Newport, people said it’s too late, there’s too much competition, it won’t work.
Don’t listen to the unsuccessful people.
Listen to the people who are doing it.
You can have you question answered at
✅ https://rent2rentsuccess.com/ask ✅
If you’re on Spotify it’d be amazing if you can do that for us
✅ https://rent2rentsuccess.com/spotify ✅
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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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