What Does The Renters' Rights Act Mean For Landlords?: In a recent video, I break down the newly signed Renters’ Rights Act. In the video, I explain exactly what it means for landlords, tenants, and property investors going forward.
If you want to understand exactly what the Renters' Rights Act means for you as a property investor, you need to watch this one to the very end! You can find the video on YouTube or at the top of this page! If you own rental properties in England, this isn’t one you’ll want to miss!
There has been a lot of concern from landlords about this new legislation. Some have sold their properties, or are considering doing so. However, the changes are very manageable for those that understand the rules. In fact, some of the changes will actually benefit property investors.
In this article, I will give you 3 opportunities that the Renters' Rights Act creates for landlords and property entrepreneurs. By the end of this blog post, you will be able to use the Renters' Rights Act to your advantage, and make more money in property!
What does the Renters' Rights Act mean for landlords? Well, it is certainly a mixed bag, but it is nowhere near as bad as many property investors think! I want to get this message to as many landlords as possible, but I need your help reaching them.
There is an agenda by the elitists to scare off individual landlords, so that large corporate landlords can take their place. The only way we can counter this is to get accurate information out there. Please would you consider sharing this article on your social media pages? Each person that shares our content makes a massive difference!
1. What Does The Renters' Rights Act Mean For Landlords?: Rent To Rent Opportunities!
As landlords adapt to the new rules, many will be open to offers which allow them to avoid the problem altogether. That’s where rent-to-rent deals come in! If you can offer landlords a guaranteed rent via a company let, many landlords will be open to it right now.
Not only that, landlords will no longer be able to request 6 months rent upfront from tenants. However, you can offer it to them as part of a rent-to-rent deal, and they are able to accept. This will open many opportunities for smart rent-to-rent businesses!
2. What Does The Renters' Rights Act Mean For Landlords?: Bad Tenants Exposed!
If you are a bad landlord, you end up on databases. But until now, bad tenants have got away with it! Bad tenants have moved from landlord to landlord without any consequences!
However, now that no-fault evictions will be banned, all evictions will have a stated reason. If a tenant has been evicted for not paying their rent, for example, it will be easy for future landlords to find out.
3. What Does The Renters' Rights Act Mean For Landlords?: Less Competition From Amateur Landlords!
If you are not a full-time property investor, the Renters' Rights Act could seem like a lot of extra work! Some amateur landlords will simply give up, rather than learn the new rules.
This will mean that competition from amateur landlords will be reduced in the short term. Those property investors with training, and a support network, will thrive in this environment, however!
What Does The Renters' Rights Act Mean For Landlords? It Depends On Which Landlords You Ask!
So, what does the Renters' Rights Act mean for landlords? For amateur landlords, it could be a big problem. For strategic property investors, it could be a big opportunity.
If you want to be on the latter side of that divide, you’ll need some training! Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
