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Updated over 5 years ago,

User Stats

21
Posts
7
Votes
Paul M.
7
Votes |
21
Posts

Rent to SA and rent to rent

Paul M.
Posted

Has anyone heard of rent to SA or rent to rent strategies before? I know an English property developer who is on youtube called Samuel Leeds. He has popularised these terms. 

Rent to SA is basically rent to service accommodation. You take a property rent it out with the agreement that you are turning it in to a service accommodation to be let on Airbnb. Rent to rent is the same except you basically rent a property and then turn it in to a multiple tenant property or HMO. What Samuel does is basically take over the property and maintenance for the period. Sometimes even paying 1 year up front. Then sub let it and deal with the property for the period like he owns it. For rent to SA he has to buy furniture as most rental properties in the UK are let out as empty, except white goods. So there is some up front cost. 

He has stories of people earning £10k per month profit on a handful of rent to SA properties. I am eager to do this. He even makes it easier by using a management company that specialises in service accommodation.