• Is rent to rent legal?

  • Jun 5 2020
  • Length: 10 mins
  • Podcast
  • 5.0 out of 5 stars (1 rating)

  • Summary

  • 004 - Looking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:
    ✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast4rv ✅

    Get your free copy of the #1 Rent 2 Rent Success Book!
    ✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast4rv ✅

    Welcome to episode four of the Rent to Rent Success podcast, where host Stephanie Taylor answers the burning question: Is rent to rent legal? Stephanie explains that rent to rent is a legal strategy that has been used in commercial property for a long time and has been adapted for residential property.

    She shares that rent to rent is legal when done with the full knowledge and consent of the property owner and when the correct contracts are in place. Stephanie also highlights that rent to rent is recognized by the government's property ombudsman, the Property Redress Scheme (PRS).

    Stephanie and Nicky Taylor are the co-founders of HMO Heaven and Rent to Rent Success. Stephanie is a successful businesswoman, speaker, author and coach, with experience in property investment and entrepreneurship. Stephanie is passionate about helping professionals create profitable property businesses and escape the nine-to-five grind.

    Timestamps:
    0:00:45 - The question: Is rent to rent legal?
    0:03:41 - Rent to rent model adapted from commercial leases
    0:04:40 - PRS definition of rent to rent
    0:06:06 - Rent to rent recognized by the government's property ombudsman
    0:07:11 - Correcting misconceptions about rent to rent
    0:08:09 - Why landlords would give a property to rent to rent

    "Rent to rent is legal when it's done with the full knowledge and consent of the owner and when the correct contracts are in place." - Stephanie Taylor

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    Looking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:
    ✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast4rv ✅

    Get your free copy of the #1 Rent 2 Rent Success Book!
    ✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast4rv ✅

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This could be Monica Magic!

Very intriguing listening to what Rent2Rent is, I’m a 32 year old looking to invest in property and this could be the start of something special.

Monica, I hope you are keeping well and thank you Stephanie for the clarity in these amazing podcasts. So far I have no idea what Rent2Rent is, but hopefully in time I’ll slowly start to grasp the concept better.

Rhys

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