Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Rent your property quickerRent your property quickerby INCREASING the rentby INCREASING the rent

By Property Investment CoachBy Property Investment Coach Yvonne EmeryYvonne Emery

www.YvonneEmeryCoaching.co.ukwww.YvonneEmeryCoaching.co.uk

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

My property is emptyMy property is empty

•Agent isn’t finding a new tenant•I’m paying the mortgage•No profit during void periods•Loss of cash flow•Agent not calling me•Too many other properties to let in the same street

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Avoiding the voidsAvoiding the voids

2 months prior to end of tenancy:•Check with current tenant if they will renew•Moving out – agree tenant viewing times•Find 3 Letting Agents, NOT Estate Agents•All 3 marketing the property at once•Advertise on Gumtree•Advertise locally•Advertise on spare room

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

If you’re not in the areaIf you’re not in the area

Same process applies:•Ask if the Agency does Lettings ONLY•Expect them to call weekly•Review after 4 weeks•Ask them if the property needs improving to make it attractive

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Increasing the RentIncreasing the RentHouses for rent on the same streetHouses for rent on the same street

2 Samson Street £435 pcm3 Samson Street £450 pcm5 Samson Street £450 pcm6 Samson Street £495 pcm7 Samson Street £450 pcm

76532

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Make your property differentMake your property different

Ideas, not recommendations:Parking – nearby?

•Neighbour who doesn’t drive? Pay them monthly for this space - rent it to your tenant

Electrical Gadgets?•Wall mounted TV•Broadband access•Phones in rooms

Practical Benefits?•Cleaner•Gardener

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Property Achievement GroupsProperty Achievement GroupsSuccess or Excuses!Success or Excuses!

•12 month programme•Tailored to your specific portfolio•Maximum 10 delegates•1-1 working with Yvonne Emery•Networking and group working•Achieve your goals with help from others•Using any or all of the strategies available•Training, Mentoring, Coaching

Negotiating with Motivated Negotiating with Motivated SellersSellers

10th July 2010

Crowne Plaza – Birmingham

Find out moreFind out more

Phone 0845 094 6628www.YvonneEmeryCoaching.co.uk

FREE Guide to Investing Your Waywww.YvonneEmeryCoaching.co.uk/investyourway/