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Rent your property quicker!

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Yvonne Emery
Yvonne Emery

The document discusses strategies for landlords to rent out their properties more quickly and avoid void periods. It recommends increasing the rent to match or exceed similar properties, and making improvements like adding parking, appliances or services to differentiate the property. Landlords should work with letting agents focused on rentals, advertise widely, and review the agent's efforts regularly. The document also describes property achievement groups for landlords to network and work towards their goals.

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Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Rent your property quicker by INCREASING the rent By Property Investment Coach Yvonne Emery www.YvonneEmeryCoaching.co.uk
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham My property is empty Agent isn’t finding a new tenant I’m paying the mortgage No profit during void periods Loss of cash flow Agent not calling me Too many other properties to let in the same street
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Avoiding the voids 2 months prior to end of tenancy: Check with current tenant if they will renew Moving out – agree tenant viewing times Find 3 Letting Agents, NOT Estate Agents All 3 marketing the property at once Advertise on Gumtree Advertise locally Advertise on spare room
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham If you’re not in the area Same process applies: Ask if the Agency does Lettings ONLY Expect them to call weekly Review after 4 weeks Ask them if the property needs improving to make it attractive
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Increasing the Rent Houses for rent on the same street 2 Samson Street £435 pcm 3 Samson Street £450 pcm 5 Samson Street £450 pcm 6 Samson Street £495 pcm 7 Samson Street £450 pcm 7 6 5 3 2
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Make your property different Ideas, not recommendations: Parking – nearby? Neighbour who doesn’t drive? Pay them monthly for this space - rent it to your tenant Electrical Gadgets? Wall mounted TV Broadband access Phones in rooms Practical Benefits? Cleaner Gardener
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Property Achievement Groups Success or Excuses! 12 month programme Tailored to your specific portfolio Maximum 10 delegates 1-1 working with Yvonne Emery Networking and group working Achieve your goals with help from others Using any or all of the strategies available Training, Mentoring, Coaching
Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Find out more Phone 0845 094 6628 www.YvonneEmeryCoaching.co.uk FREE Guide to Investing Your Way www.YvonneEmeryCoaching.co.uk/ investyourway /

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Rent your property quicker!

  • 1. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Rent your property quicker by INCREASING the rent By Property Investment Coach Yvonne Emery www.YvonneEmeryCoaching.co.uk
  • 2. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham My property is empty Agent isn’t finding a new tenant I’m paying the mortgage No profit during void periods Loss of cash flow Agent not calling me Too many other properties to let in the same street
  • 3. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Avoiding the voids 2 months prior to end of tenancy: Check with current tenant if they will renew Moving out – agree tenant viewing times Find 3 Letting Agents, NOT Estate Agents All 3 marketing the property at once Advertise on Gumtree Advertise locally Advertise on spare room
  • 4. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham If you’re not in the area Same process applies: Ask if the Agency does Lettings ONLY Expect them to call weekly Review after 4 weeks Ask them if the property needs improving to make it attractive
  • 5. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Increasing the Rent Houses for rent on the same street 2 Samson Street £435 pcm 3 Samson Street £450 pcm 5 Samson Street £450 pcm 6 Samson Street £495 pcm 7 Samson Street £450 pcm 7 6 5 3 2
  • 6. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Make your property different Ideas, not recommendations: Parking – nearby? Neighbour who doesn’t drive? Pay them monthly for this space - rent it to your tenant Electrical Gadgets? Wall mounted TV Broadband access Phones in rooms Practical Benefits? Cleaner Gardener
  • 7. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Property Achievement Groups Success or Excuses! 12 month programme Tailored to your specific portfolio Maximum 10 delegates 1-1 working with Yvonne Emery Networking and group working Achieve your goals with help from others Using any or all of the strategies available Training, Mentoring, Coaching
  • 8. Negotiating with Motivated Sellers 10 th July 2010 Crowne Plaza – Birmingham Find out more Phone 0845 094 6628 www.YvonneEmeryCoaching.co.uk FREE Guide to Investing Your Way www.YvonneEmeryCoaching.co.uk/ investyourway /