Mary Latham " I agree that there are 2 different things: Corporate let and Rent to Rent. However, a proper Rent to Rent (Guaranteed rent) company will have a management contract with the owner that defines not only responsibilities, rights and also break clauses for both. It is not just a letting agreement. The company needs to be in compliance with ICO, PRS/Property Ombudsman, Insurance, etc, etc. The profit comes not only from a higher rent, but from a better tenant find and management to reduce the voids, a more proactive approach to bills, maintenance and repairs, adding services like regular cleaning, Netflix, etc... , upgrade of furniture and furnishing,... They are many RTR companies that start and fail because they do not fully understand the model and the amount of work that is required to run it. Both, Corporate Lets and Rent to Rent can be an excellent way to have consistent income and a hands free investment, when done it properly."
Great article 👍