tenant screening

Want higher rents and better tenants that stay for longer? Here’s 7 tricks you can steal from the Build-to-Rent sector to make you a more profitable landlord. 

• (0:58) A huge thank you! 
• (2:04) Story of the week 
• (3:23) The Build-to-Rent sector & landlords 
• (4:10) Tip 1: Allow pets 
• (6:09) Tip 2: Flexible tenancies 
• (7:44) Tip 3: Offer amenities 
• (10:39) Tip 4: High-end furnishings 
• (11:48) Tip 5: Offer a high level of service and use tech 
• (13:19) Tip 6: Include bills  
• (14:28) Tip 7: Market yourself as top end 
• (17:01) Hub Extra 

Links mentioned: 

• The 10 fastest places to sell a home 
• Readwise 

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The guys are back with another round of listener questions! 

And this week we’ve got a double whammy! 

We usually answer one question per listener but when the questions are this good, we just can’t say no to answering both, so let’s dive right into Alexis’ questions. 

Alexis and her husband live in Manchester, and they’ve been trying to purchase a property for the last year, but due to the booming market, they’ve not been able to secure a property yet. 

They put their first offer down back in April and they’ve put multiple offers down since, but each time they keep getting outbid and the houses end up selling above market value. 

What Alexis wants to know is how do they stop getting outbid? And is it even possible in a hot market or does she need to bite the bullet and buy any property she can get her hands on just so they can get into the market? 

Her next question is all about tenants.  

Alexis’ neighbour is also a landlord and unfortunately, her tenants haven’t been paying their rent. Alexis knows that you can get insurance to help protect you in these circumstances, but what happens if you have multiple properties in the same boat as this would hugely impact cashflow. 

Alexis wants Rob & Rob’s advice on what to do if her tenants don’t pay their rent. 

Tune in to find out what advice the guys have got for her. 

Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).  

Or if you prefer, click here to leave a recording via your computer instead. 

The next question on Ask Rob & Rob could be yours.  

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself. 

And if you’d like to find out more information about Portfolio you can do that here. 

See omnystudio.com/listener for privacy information.

This week we’ve got one lucky listener Lisa, who’s having both of her property investment related questions answered.

First of all, Lisa wants to know if she should manage her new buy to let property herself or whether she should be working with a lettings agent?

She already has one property in the south that’s fully managed by a lettings agent, so she’s wanting to know if she should stick with that for her second investment property or just give it a go herself.

Whilst Lisa’s second property is in Manchester and she lives locally, Rob B doesn’t feel that she should self-manage just because she lives nearby. It’s completely Lisa’s decision but Rob’s happy to chip in with his reasoning from a personal perspective.

Secondly, Lisa is looking at buying another flat this year and has her eye on Manchester and Liverpool. However, she’s noticed a lot of properties on the market waiting to be rented out.

So Lisa wants to know if The Robs have any advice on what she should prepare herself for, and what she can do to rent out her property quickly.

Can Rob D provide some reassurance and a firm reason where there are so many properties on the market in two large (and very popular) city centres?

Of course he can.

Tune in to find out!

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours.

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

See omnystudio.com/listener for privacy information.

This week on The Property Podcast we’re bringing you a blast from the past and going back to episode 31, way back in 2013! The Robs are discussing the topic of how to search for a buy-to-let investment property.

Why are we going back? Because no matter how much Rob & Rob bang on about how important research is, people are still getting it very wrong. The guys will also be giving you a pretty solid framework to follow.

Not everyone goes back and listens to The Property Podcast from the very beginning, so this is a great opportunity to listen to what The Robs have been saying since the very early days of The Property Podcast.

Fundamentally, research will not only make you money, but will also save you a lot of money too.

So tune in and join Rob & Rob on a trip down memory lane and see what research tips you can pick up and use to your advantage. It could just be the starting point you need.

Rob & Rob are also covering their news story of the week. They’re discussing the slowdown of the property market in light of the current political situation. Whilst residential properties appear to be much harder to sell right now, it opens up a fantastic gap for investors. Have a listen to what Rob & Rob think.

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.

Make sure you’ve liked and subscribed to our brand new YouTube channel where we upload new content every week!

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.

See omnystudio.com/listener for privacy information.

Sean Mitchell is the cofounder and CEO of Rezi. REZI helps landlords find high quality, long-term tenants in 48 hours. They were part of the Winter 2017 batch.

The YC podcast is hosted by Craig Cannon.

It's time for another couple of questions in this week's edition of 'Ask Rob & Rob'. This week John from Manchester...

...Asks Rob & Rob – Should I buy a property with tenants? 

...and another listener asks about how to get creditworthy for investments. 

The Robs give their take on these topics. What do you think? Head over to the forum to discuss.

ASK YOUR OWN QUESTION TO ROB & ROB!

Don't be shy! All you need to do is leave a message with your name and whatever's on your mind.

Just pick up the phone and call 013 808 00035 (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

  NEED MORE ANSWERS?

The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors.

Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way.

Just don't hang around - there are only four Summits each year, and just 16 places available at each!

Interested? Click here to find out more.

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This week's podcast is always a popular subject - what's gone wrong for The Robs in the world of property!

Rob & Rob tell you all about their more challenging moments in 2016, and what lesson's we're learned throughout along the way.

  Resource of the week

This week's resource comes from a guy Rob D met at our recent Discovery Day. If you're looking for a new way to listen to podcasts via your iPhone then try Overcast.FM.  This is a powerful yet simple podcast player that allows you to pick up extra speed without distortion, which dynamically shortens silences in talk shows.

News this week

This week's news story from The Guardian is music to The Robs ears and we've filed it straight under the category of 'told you so'.

“Richard Donnell, insight director at Hometrack, said he expected Oxford and Cambridge to see falls in growth similar to that in London.

“The impetus for house price growth is shifting from the affordability-constrained cities in southern England to cities in the midlands and the north of England,” he sad. “Regional cities have more attractive affordability levels and house prices have significant potential upside for growth in the near term subject to the outlook for the economy.” 

Take a look at the story in full here. 

Join the conversation

If you'd like to join share your own story about lessons learned in 2016, then head on over to The Property Hub Forum and join the discussion.

If you enjoyed The Property Podcast, please leave a review on iTunes

Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.

If you’d like to hear your name on the show, leave us a review on iTunes here.

Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.

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This week we're talking about how to run a successful letting agency. It's something many landlords with growing portfolios think about doing, and also a potential way to get into the property industry by starting your own business.

We've built up an agency of our own (Yellow Lettings) over the last couple of years, and we talk about what we think are the key drivers of success – including:

• Getting qualified (the NFOPP property management qualification is the one we chose)
• Getting compliant (joining an ombudsman scheme, having the right insurance and protecting client money)
• Deciding on your USP or market niche
• Building the right systems (recommended book: The Checklist Manifesto)
• Hiring your dream team
• Knowing what to measure to track your success

We've put together plenty of episodes on lettings and management, so if this is something you're interested in you should check out:

• How to prepare a property to let
• How to handle a nightmare tenant
• How to manage a property yourself
• How to let a property yourself
• How to get your property let fast
• Lettings law you need to know
• Lessons learnt from running a letting agent

See omnystudio.com/listener for privacy information.