In today’s blog post, we will be sharing all you need to know about rent to rent. So, if you’ve been thinking of starting this strategy, this blog post is for you.
You may have heard that rent to rent has been recommended as a quick and straightforward way for property investors to generate large amounts of passive income.
What is Rent to Rent?
Rent to Rent is a contract between a landlord and a company, local authority or individual where the property is rented out to a tenant on a single let basis and the landlord is given a payment for an agreed term.
Is it risky to start rent to rent?
With any property investment strategy, there will always be risks. However, when getting started we would advise you to carry out detailed research.
Is rent to rent legal?
Yes, it is completely legal to do rent to rent in the UK.
How does rent to rent work?
- Sign a lease agreement for a property
- Make a secured payment to the landlord or rental agent
- Enhance the property’s quality before renting it out to tenants at a higher rent
When getting started with rent to rent it is important to ensure that you are searching for properties that can increase in value, as well as being in good locations.
Before you go …
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