The Progressive Property Podcast Tenants Problems & Rising Rents | Property Investing Q&A
FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let
This is a Q&A episode from Kev, giving the best answers to his most common questions and queries over the past few weeks, including about rising rents, issues with tenants as well as the importance of landlords for housing the population.
KEY TAKEAWAYS
- Every deal or purchase Kev and his team are making they are carefully taking into account EPC ratings, to future-proof their investments. You will save money, get a better mortgage and also receive higher rent.
- Only around 1% of tenants become an issue. It’s important to keep issues in proportion and context when they arise.
- It’s not landlords that are forcing up rents, it’s government laws and regulations.
- There’s not enough property stock, the country is building enough or renovating enough.
- Reducing landlords actually increases housing problems, it would mean even less supply of homes.
BEST MOMENTS
“Do the work to get it up to a C-rating EPC now, it will save you money in the long term and give you the best mortgage deals”
“Know the outcomes before you do the deal”
“The government are forcing up rents, not landlords”
“If there’s more stock available, house prices will come down and rents will come down”
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
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