How to Minimise Rental Voids on HMO's & Investment Property | Tony Law Property Investing

Rental Voids MASSIVELY impact your bottom line - meaning less profit for Landlords on their Investment Property.
So today - let me share 7 tips to help minimise voids in your property business - to help you make more money from your investing.
DOWNLOAD CHECKLIST....
yourfirstfourhouses.com/minic...
I hope you find this one helpful and I wish you every success with your property investing... Tony Law | Your First Four Houses

[@HMOHeaven]

Great HMO tips Tony. Love the tips on being choosy with your tenants. That pays dividends. And understanding why tenants leave is very important too.

[@YourFirstFourHouses]

Thank you.... Great name by the way 😃

[@tooladdict7463]

Hi there very insightful video with my hmo I find it really helps to keep the tenants informed when tenants move in then give a bit of information to all the existing tenants so they know who they’re living with and keep them all informed about maintenance all the issues via group text

[@YourFirstFourHouses]

Excellent point Ben - thank you for sharing 😊

[@annunaki2012]

Another excellent video, cheers for the info :)

[@YourFirstFourHouses]

Thank you - very much appreciated 😃

[@rosminkarim2479]

Lovely

[@YourFirstFourHouses]

Thank you 😊

[@scottgeoffrey1793]

I wouldn't of thought you would get any professionals living in a HMO, yes I think it's a good idea to get tenants with similar interests and age.

[@YourFirstFourHouses]

Hi Scott, yes indeed... Professional people work really well in HMO's 😊

[@bondy819]

brilliant content

[@YourFirstFourHouses]

Thank you 😃

[@mike-Occslong]

Thanks tony

[@YourFirstFourHouses]

No problem 😊

[@scottgeoffrey1793]

Great video, my friend has just turned a house into a HMO. How do you deal with tenants that cause problems with the other tenants? Thanks

[@YourFirstFourHouses]

Hi Scott, good question. I would try to resolve the issue, but if i couldn't, I would have to get rid of them. But if you choose your tenant week at the outset, you shouldn't have any (or many) problems 😊

[@zoesays3830]

@14:43 May get even more 'honesty' if send them a link to your questionnaire (think Google forms?) should there be no time to complete during moving out. As not vis-a-vis, may be more open with answers! Similar to 4 In A Bed (C4 prog) feedback sheets, they know wont be seeing them again and so dont hold back! Many rather not 'hurt their feelings' and dont say what really want to say when verbal (phone or vis-a-vis)

[@YourFirstFourHouses]

Hi Zoee, great idea, thank you for sharing 😃

[@zoesays3830]

Yep! To create a FREE questionnaire: Open Google mail and to make it easier to locate forms (especially if first time) open new tab and type in 'Google forms' in browser. Should get directed toGoogle questionnaire creation dashboard Take it from there. Got YT or their own help page if stuck

[@berryvwjnr6481]

Could someone tell me if council tax is payable if the whole hmo property is let out? I know if students there’s no council tax, how about a combination of working and students, just the working adult to pay l guess?

[@mak7540]

Hello where can I get rental(tenancy) contract from(printable)? Thank you.

[@YourFirstFourHouses]

Any solicitor, or the NRLA.

[@odysseasv7138]

How can we minimize voids while having an agency manages and finding tenants for us?

[@YourFirstFourHouses]

Isn't that the letting agency's job?

[@odysseasv7138]

Yes, but I mean what we have to make sure that the agency that we will trust will be doing a good job? or what can we do ON top of the agencies responsibilities to help with the voids.

[@jol66]

Odysseas V why pay for a service and do it yourself? Why not just do it yourself if you willing to do extra work on top of the agency’s?