ATA 058 – Should I pay the landlord’s rent in advance for HMO rent to rent?

This weeks Ask The Angels question from Paul is around his confusion as to when he should pay the landlord rent for his rent to rent HMO property.

Here’s Paul's question...

“We have a R2R HMO, I was under the impression that we take the rent payment from the tenants at the end of the month and pay the landlord for that month at the end of the month.

The landlord we are working with was expecting the rent to be paid ahead of the month. I can’t quite get my head how to work this, as this means paying him out of our own pocket and getting reimbursed by the tenant, is this normal?”

There can be a lot of detail to get your head around when you’re starting in rent to rent.
And it pays to understand how it all works.

So, when is the correct time to pay the landlord?

Visit the episode page to hear the full answer and ask your question!
✅ https://rent2rentsuccess.com/ata58 ✅

You can have you question answered at
✅ https://rent2rentsuccess.com/ask ✅

If you’re also at the beginning stage and you want the full overview of how all this works.
 Get your free Rent 2 Rent Success Masterclass & Guide which takes you through the process   ✅ https://rent2rentsuccess.com/guide ✅

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