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The Property Podcast

ASK419: Should I get into rent-to-rent? PLUS: Will this reduce my tax?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 12 March 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

It’s time for another round of listener questions!   (0:44) Tom’s contemplating investing in rent-to-rent schemes endorsed by reputable industry figures. Despite appearing like a promising and lucrative investment, he’s concerned about potential scams and seeks advice and guidance from Rob & Rob.  (5:50) We’ve got yet another Tom who’s debating the ever-popular dilemma of whether to invest his portfolio in his own name or through a limited company. He’d like to know the best way to set-up and operate his business to minimise tax expenditure.  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead.  Find out more about Property Hub Invest  See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

0:05.0

Hello everyone and welcome to Ask Rob and Rob, the show where you get your questions into us. And whether we're answering them here on Ask Rob and Rob or each

0:16.0

and every Sunday in the Sunday times, we enjoy it, obviously, because we keep doing it.

0:21.1

And let's make sure we carry on enjoying ourselves by reminding you

0:25.5

how you can get your questions in.

0:27.4

It's so easy. All you've got to property hub.net slash ask. From there you can either leave us a voicemail directly on the page or there's a number where you can

0:36.0

give us a ring.

0:37.0

You get multiple attempts so you can make sure you get it right and your question will

0:39.9

wing its way over to us.

0:41.9

This week our first question is from Tom.

0:44.6

Hi Rob and Rob, this is Tom calling with a question about rent to rent schemes.

0:51.4

So I've recently joined a property investment group that is hosted by some very

0:58.0

well known people in the industry. I won't name names but they put out a lot of great

1:02.4

content on property, investment and

1:04.8

development and they have this investment group. Now they're putting in deals

1:09.8

that people can get involved with that obviously require some capital up front and the returns that are being

1:16.2

promised are absolutely incredible.

1:19.0

The main ones where we're seeing these returns are kind of rent to rent schemes and they're promising

1:25.6

things like 150% return on investment where you are essentially guaranteeing rent for a property and then paying a company to manage it as an Airbnb.

1:38.0

Obviously this sounds amazing, sounds very attractive and you have some people that are very well known in the industry with good reputations who are putting these deals forward.

1:47.0

Am I naive to go into one of these deals and obviously put my investment into it hopefully to get these

1:54.3

returns are they just a scam is there a lot more to worry about than obviously what

...

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