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Listen "How to Turn Landlord Concerns into Profitable Opportunities"
Episode Synopsis
Laurence shares behind-the-scenes phone calls with landlords, revealing strategies for RENT2RENT and no money down property deals. He demonstrates how to turn initially reluctant landlords into interested parties, negotiate terms, and address concerns. The episode provides valuable insights into handling different scenarios, from problematic tenants to motivated sellers, showcasing Laurence's expertise in creative property investing techniques.
KEY TAKEAWAYS
Building credibility and rapport with landlords is crucial for successful negotiations.
Explaining the benefits of RENT2RENT and purchase lease options can turn hesitant landlords into interested partners.
Addressing landlords' concerns about tenant issues can open doors to new deal opportunities.
Persistence and clear communication are key in transforming initial rejections into potential deals.
BEST MOMENTS
"I would want at least two or three years to sort out the tenant issue, I'm quite happy to put new kitchen, new bathroom in, paint, decorate it and, and try and increase the value if I can a little bit and then I can either buy it myself or sell it on and maybe make a little profit hopefully."
"So you want to learn and practice, pause and pause in. When you've said a good point or an interesting point or you want them to fully understand what it is that you've said."
"Unlike a tenant that could lose their job, you've kind of got the same issues that, do I take a tenant? But if they lose their job, will I get paid the REM? And I'm happy to do an agreement with you that if we miss any rental payment at all, we could even have like a short-term holiday let ourselves."
"Don't just wait for him to call you back, so what I said to him is that we'll text him after the call we'll get his address details of the property where they've got a problem tenant in not paying the rent We'll do some due diligence research."
"Sometimes some people kind of may throw me off or may kind of say something that I wasn't aware of that. I don't understand that. I'm not sure what they're talking about. So ask them. It's absolutely fine. Don't don't be worried to ask them because I think when I first started, I was like, afraid of maybe sounding that I don't know what I'm talking about."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche
KEY TAKEAWAYS
Building credibility and rapport with landlords is crucial for successful negotiations.
Explaining the benefits of RENT2RENT and purchase lease options can turn hesitant landlords into interested partners.
Addressing landlords' concerns about tenant issues can open doors to new deal opportunities.
Persistence and clear communication are key in transforming initial rejections into potential deals.
BEST MOMENTS
"I would want at least two or three years to sort out the tenant issue, I'm quite happy to put new kitchen, new bathroom in, paint, decorate it and, and try and increase the value if I can a little bit and then I can either buy it myself or sell it on and maybe make a little profit hopefully."
"So you want to learn and practice, pause and pause in. When you've said a good point or an interesting point or you want them to fully understand what it is that you've said."
"Unlike a tenant that could lose their job, you've kind of got the same issues that, do I take a tenant? But if they lose their job, will I get paid the REM? And I'm happy to do an agreement with you that if we miss any rental payment at all, we could even have like a short-term holiday let ourselves."
"Don't just wait for him to call you back, so what I said to him is that we'll text him after the call we'll get his address details of the property where they've got a problem tenant in not paying the rent We'll do some due diligence research."
"Sometimes some people kind of may throw me off or may kind of say something that I wasn't aware of that. I don't understand that. I'm not sure what they're talking about. So ask them. It's absolutely fine. Don't don't be worried to ask them because I think when I first started, I was like, afraid of maybe sounding that I don't know what I'm talking about."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche
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