[Book Review] Rent to Rent: Your Questions Answered

I wanted to start out early on in this blog and introduce the #1 Best-Selling book "Rent to Rent: Your Questions Answered" to those of you that haven't read it. And I've got a great opportunity for you to get the first 39 pages of the book for FREE just for joining me here on the blog.

Click Here to Get the first 39 pages of the "Rent to Rent: Your Questions Answered" for FREE!

I know you have come to the Rent to Rent Academy website and my blog for a reason. And whether that reason is to learn more about rent to rent, to get started with rent to rent or to accelerate your current rent to rent business - you've come to the right place. And the best place to get started is this book - and I know that sounds like bragging because I wrote it myself. But it's true. I wish there was a book like this available when I started in Rent to Rent. And I wish there was a community available focused on Rent to Rent that would have helped to answer all my questions. Because that would have eliminated quite a few of the mistakes I made in the beginning and would have help to get me started a lot more quickly!

When I started with Rent to Rent I had to search out the information I needed - like what type of contract to use, how do I know I'm in a good area, how do I find tenants, what kind of costs should I be expecting. Everything was a bit of trial and error and worry. But you don't have to do that!

So enough of a sales pitch - let me tell you about the book so you can decide that it is right for you.

Ultimately this is a Q&A style book. So you don't have to sit down and read it from cover to cover. You can dip in and dip out based on what you need at the moment. There is a handy table of contents at the beginning that lists out all the questions that are answered in the book and will direct you to exactly where you need to go to answer your most pressing question.

In order to see if this book answers your questions I'm including a list of all of the questions in the book below:

Section 1: Rent to Rent Basics

Sub-topic 1.1: Getting Started

• Question 1.1.1: What is Rent to Rent?
• Question 1.1.2: Why would a property owner agree to do this?
• Question 1.1.3: Isn’t this sub-letting and isn’t sub-letting illegal?
• Question 1.1.4: How do I ensure the property owner pays their mortgage?

Sub-topic 1.2: The Paperwork

• Question 1.2.1: What contracts should I use with the property owner and what mortgage and insurance implications do they have?
• Question 1.2.2: How can I create a contract that would let me out quickly if I am not able to find tenants?
• Question 1.2.3: What kind of insurance do the property owner and I need?

Section 2: Choosing Your Area

Sub-topic 2.1: Spareroom Research

• Question 2.1.1: Is the house in an area that will make a good HMO?
• Question 2.1.2: How do I know if I will be able to find enough tenants?
• Question 2.1.3: How do I know how much rent to charge for each room?

Sub-topic 2.2: Rightmove Research

• Question 2.2.1: How do I know how much to offer the property owner/agent?
• Question 2.2.2: What types of houses are available and will they make good HMOs?

Sub-topic 2.3: SecretShopper

• Question 2.3.1: How do I know what standard my house needs to be finished to?

Sub-topic 2.4: Knowing Your Numbers

• Question 2.4.1: Who pays for the maintenance?
• Question 2.4.2: What sort of ROI (Return on Investment) should I be looking for?
• Question 2.4.3: Who pays to upgrade to HMO standards?
• Question 2.4.4: What other costs should I be aware of ?

Sub-topic 2.5: Local Rules

• Question 2.5.1: What is Article 4 and what does it mean for my HMO?
• Question 2.5.2: What is additional licensing and what does that mean for my HMO?
• Question 2.5.3: Does my council have any standards I need to meet or be aware of ?

Section 3: Finding Rent to Rent Deals

Sub-topic 3.1: How do I find prospective deals?

Sub-topic 3.2: What kind of advertising can I do?

Leaflets

• Question 3.2.1: Does leafleting work?
• Question 3.2.2: What should my leaflet say?
• Question 3.2.3: How many leaflets and how often?
• Question 3.2.4: Where do I get leaflets?

Newspaper Adverts

• Question 3.2.5: What should my newspaper ad say?
• Question 3.2.6: Where should my newspaper ad be?
• Question 3.2.7: How much should my newspaper ad cost?

Networking

• Question 3.2.8: Who do you know who?

Sub-topic 3.3: Other Direct to Landlord Techniques

• Question 3.3.1: How do I get direct to the property owner?
• Question 3.3.2: What should I say to the property owner?
• Question 3.3.3: How can I get the property owner to accept that I would be putting multiple tenants in instead of one family?
• Question 3.3.4: How can I answer the question: “What makes you say that you can guarantee the rent for XX number of years?”

Sub-topic 3.4: Using Agents

• Question 3.4.1: How should I approach letting agents?
• Question 3.4.2: What do I say to lettings agents to secure suitable properties?

Section 4: Managing a Light Refurbishment

Sub-topic 4.1: Standards and Requirements

• Question 4.1.1: What legal requirements do I have to comply with (smoke alarms, fire doors, etc.)?
• Question 4.1.2: Where do I go to obtain a list of health and safety requirements for HMOs?
• Question 4.1.3: Who is responsible for the gas safety check?
• Question 4.1.4: Do both the property owner and the Rent to Renter need to get an Energy Performance Certificate (EPC)?
• Question 4.1.5: How much should I spend refurbishing?
• Question 4.1.6: Do I need planning permission?
• Question 4.1.7: Do I need building regulations approval?

Sub-topic 4.2: Finding the Right Trades People

• Question 4.2.1 Do I need an architect?
• Question 4.2.2: How do I find a builder/handyman/tradesperson?
• Question 4.2.3: Who do I need on my team?

Sub-topic 4.3: Interior Design Tips

• Question 4.3.1: What is the right standard?
• Question 4.3.2: I have heard you should dress a house. What does that mean?
• Question 4.3.3: What furniture and other items should I include with my HMO?
• Question 4.3.4: Where do I get all these things from without spending a fortune?

Section 5: Tenants

Sub-topic 5.1: Finding Tenants

• Question 5.1.1: What are the different advertising options to find tenants?
• Question 5.1.2: What tips and tricks do you have to remain competitive so tenants take your room?
• Question 5.1.3: Should I mix tenant types?

Sub-topic 5.2: Referencing Tenants

• Question 5.2.1: What types of reference checks should I do?
• Question 5.2.2: Should I do the reference checks myself or rely on another company?
• Question 5.2.3: I have a tenant from overseas. What do I do?
• Question 5.2.4: Should I charge a referencing/admin fee?
• Question 5.2.5: What do I do with the deposit?

Sub-topic 5.3: Tenant Contracts

• Question 5.3.1: What contract should I use with my tenants? A licence agreement or an AST?
• Question 5.3.2: Who signs the tenancy agreement, the Rent to Renter or the property owner?
• Question 5.3.3: Should I include a fair-use policy?

Section 6: Everything Else

Sub-topic 6.1: Systems

• Question 6.1.1: How can I make it all easier?

Sub-topic 6.2: Training

• Question 6.2.1: This book has been great. What’s my next step if I want to learn more?
• Question 6.2.2: Which course should I take?

Sub-topic 6.3: Resources

If any of those questions resonate with you - you need to download the first 39 pages to learn more!

Click Here for Your FREE Download of the First 39 Page of the Book - "Rent to Rent: Your Questions Answered"

I hope that has helped to give you an insight into the book and whether its right for you to help you jumpstart or accelerate your Rent to Rent Business.

All the best for your Success!

Jacquie

You can download the Freebie here:

Click Here for Your FREE Download of the First 39 Page of the Book - "Rent to Rent: Your Questions Answered"