ASK152: Should I increase the rents on my buy to let property? PLUS: How can I access off-market investment property?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 4 September 2018
⏱️ 6 minutes
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Summary
Transcript
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| 0:00.0 | Hi, I'm Rob. |
| 0:03.2 | And I'm Rob. |
| 0:04.2 | And this is Ask Grub and Rob. |
| 0:06.0 | Hello everyone and welcome to Ask Rob and Rob, the show where you give us the questions |
| 0:12.3 | and we give you the answers. |
| 0:14.1 | This week we've got a couple of cracking questions in from our wonderful hubbers. |
| 0:17.9 | I know those two questions did not arrive by carrier pigeon. |
| 0:20.6 | They actually came by the two methods we describe every week but here's a quick |
| 0:23.8 | reminder of how you can get your questioning. Yep you can just give us a call |
| 0:27.3 | oh 1.3808. That's 1.8.8.8.8.8.8.00.35 and you can leave us a, there, or you can do exactly the same thing but by going to |
| 0:36.2 | the Property Hub. net slash ask. |
| 0:38.4 | So while you're pondering which question you'd like to ask, let's hear from today's first |
| 0:41.4 | questioner, this is Kalmjet. |
| 0:44.0 | Oh, hello Rob, I'm Rob. My name is Kalmjet. |
| 0:48.0 | Have a quick question on rent increases. |
| 0:51.0 | So later on in the year I'll be coming up to my first year as a |
| 0:55.4 | by-to-let investor. I just want to know what the kind of industry standard was regarding |
| 1:00.2 | rent increases. Do most investors increase the rent with RPI or |
| 1:05.0 | does it involve a bit more negotiation with the tenant? I really wanted to |
| 1:09.7 | automate the whole process as I moved forward so if I decide on RPI rental increases this year I want to do that across all my properties now and in the future. |
| 1:20.0 | I'm interested to know what you do with regard to annual rent increases on your property. |
| 1:25.6 | What are the investors do? |
... |
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