Rent To HMO is a property strategy, that allows investors to benefit from a great monthly cash-flow without owning a property through a traditional mortgage. This is a great low entry strategy for investors who may be unable to obtain a mortgage, this is also a great strategy for new investors to gain experience in the industry.
Rent to Rent is where you rent a property from another landlord, then with their full knowledge and agreement. You then rent the property out by individual rooms. Rent to Rent HMO, is where you find a landlord, who has a property that is already set up as a HMO, which for some reason they are happy to rent to you. This means you don't have to spend a lot of money setting it up. There could be many reasons as to why the landlord does not want that property anymore. They might have experienced bad tenants, or a bad letting agent. They could be a remote landlord, which means it is a real hassle for them to look after their HMO property. Their life circumstances may have changed, whereby they don’t really want to be managing their HMO property.
Most people who have HMO's often manage the property themselves, because not many letting agents will manage HMO's. There are now more and more letting agents who do understand HMO’s, and can manage them, but often landlords get to a point where they’re tired or just thinking about retiring. They don’t want the hassle anymore and this is where you can step in. You can help these landlords and you can also make some great money yourself.
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Smart Choice Property Investments LTD is a sourcer for Rent to HMO properties within the UK for Investors, Care providers & Social housing providers, which is authorised and regulated by the Property Redress Scheme for insurance mediation. Registered in England number 12565248. Registered office address: 193 Garth Road, Unit 14, London, SM4 4LZ
Disclaimer: We are a sourcing company, we are not responsible for the property after the tenancy start date. If you have taken the property after doing your own due diligence and you are confident it meets your requirements then we are not reliable if the property does not meet your needs. Our sole purpose is to provide available properties but it is ultimately your responsibility to do your own research before committing to a property.