Pitching Your Rent Right: How to Attract Great Tenants and Maximise Long-Term Value - Ep. 5
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Pitching Your Rent Right: How to Attract Great Tenants and Maximise Long-Term Value - Ep. 5.
Welcome to The All Things Property Podcast!
In this week’s episode, host Simon Bacon with Ian Sadler dive into one of the trickiest questions for landlords: should you set your rent at the highest possible rate, or pitch it to attract quality tenants and reliable interest?
Drawing on years of experience in the property market, they unpack the balancing act between market rate versus rent maximisation, why tenant demand isn’t always about setting rent too low and how choosing the right price can lead to better choices and longer tenancies.
They also explore the sometimes-overlooked value of independent agents, the impact of tenant turnover and the thorough referencing process every landlord should know about.
Whether you’re a seasoned investor or a DIY landlord, this episode is packed with practical insights on selecting the right tenants and ensuring long-term property success.
Chapters
00:00 "Choosing Tenants: Price Strategy"
04:07 Landlord Trust and Rent Setting
08:05 "Prioritising Quality Tenants"
12:09 Landlords Trust Rent Decisions
15:01 Tenant Selection and Rental Advice
19:29 Tenant Screening Process Explained
21:01 Tenant Screening Impacts Long-Term Costs
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Get in touch with Simon for all your property needs.
www.prefprop.com
E: simon@prefprop.com
T: 0121 2402244