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Landlord Virgin – LetMe pop your cherry!

Lips

Becoming a first time landlord can be a daunting and risky business, that’s why many banks in the UK have shied away from lending to landlords who have no previous experience.

Because the LetMe product eliminates all unexpected hidden costs and risk, whilst paying more overall to the landlord, newbies entering into property investment are choosing to use LetMe ahead of any other option in the market.

LetMe is the fastest, most efficient full property management service in the UK guaranteeing a solid, secure rental income while at the same time reducing the risk, hassle and cost of renting property.

The LetMe service includes a rental assurance as standard with a full 12-months rent upfront across a 1-5 year renewable contract, with no management fees and a guarantee on the property’s return condition.

As part of a wider business with net assets of £180million, LetMe ensures a fast, more efficient turnaround than letting agents.  More secure financial backing also means savings are passed to you by paying you more overall for your property, and paying it to you in advance.

As a LetMe client you are fully protected from issues such as unforeseen rental voids, property damage and potential tenant payment disputes, while all the time keeping your investment earning you a high return… leaving you to get on with the things you’d rather be doing.

    “LetMe have considered all the downsides or being a landlord.  Their service eliminates all the risk, cost, time and hassle, leaving a hands-off, risk free solution.  It’s unique and unrivalled, the most exciting product to come into the property industry in recent years.  ”   – Pension Fund Manager

Call for me for information regarding our first time landlord pack.

| Jonny | m. 07809 544767 | www.letme.com |

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The Dream Tenant and the Perfect Landlord!

After much thought they realised that solving the problem was simple – they needed to create a dream tenant and a perfect landlord, then put them together.

LetMe was born…

The Dream Tenant

  • Pay 12-months rent upfront
  • Guarantees the condition of your property
  • Signs an agreement, up to 5 years, with no voids or arrears
  • They manages everything so you can sit-back and relax

 The Perfect Landlord

  • Charges NO fees
  • Requires NO deposit
  • Let’s you move in for free with NO upfront rent
  • Adds on NO margin to the repair cost of any accidental damage you cause

 A Revolutionary Service

LetMe pay the Landlord 10% under market rent and charge the Tenant 10% over market rent.  There are no other fees or charges to either party – EVER!

LetMe can sign-up your entire portfolio, currently tenanted or not.  We will pay you 12-months rent upfront and manage everything on 1 or 100+ units.

We work with build to rent property developers who want the security of a 5 year FRI lease and property investment funds who package our – guaranteed rent, no void, no arrears solution.

For an offer on your portfolio – please email me –  jonny.walthall@letme.com

Or call me on 07809 544767 for more information on the fastest and most efficient full letting and management service in the world.

SHOCKER! – Landlord takes 12-month holiday whilst their tenant is left to fully manage Everything!

Temp-Logo-Colour-ChiocesWhat would you do, where would you go, if your tenant paid you 12-months rent upfront on the day they moved in?

No risk of voids or arrears for the entire year.

They also guarantee the properties condition so you don’t need to worry about the property being damaged.

The tenant manages everything throughout the term and keeps you inform of any issues that are your responsibility, like the boiler service, but they get it sorted at cost without adding on a margin.

The LetMe fully managed service offers all this and more…no need for rent guarantee insurance premiums and claims, no DPS or collection admin.

We pay upfront rent for a single property or an entire portfolio.  Whether currently tenanted or not, we can make you an immediate offer.

Our 10% margin is clear and transparent, it includes a fully managed hands-off service with guaranteed rent, paid upfront every 12 months – with no further fees or charges that other letting agents add on.

We work with developers, property investment funds and landlords across the UK and can offer a pre-let contract to enhance your application for finance.  We have 1 – 5 year agreements and are fast and efficient, taking minutes rather than days and weeks.

Recent Working Example

Manchester – 65 units – Market Rent £700 / month – LetMe 12-months rent upfront payment – £491,400

For our digital brochure or an immediate offer on your property or portfolio please email me – jonny.walthall@letme.com

Time to Wake Up and Smell the Tea!

We have a cash-flow problem, shall we reduce our margin to drive sales volumes?

Cash-flow management is about how money flows into and out of your business over-time. There are three types of cash flow – operational, investment, and financing – and the one of interest here is operational cash flow. Cash-flows in from sales, and out in payment of bills, including supplier invoices, wages and rents.

Margins need to be high enough to leave sufficient cash to pay all these and the timing of inflows and outflows needs to be managed to make sure enough cash is there at the right time.

By discounting margins to drive sales, you risk not having enough cash left to pay all these bills. This is a common problem with businesses at the moment, with everyone discounting like mad to try to maintain sales, resulting in insufficient cash to pay salaries and rents. People are literally buying the work to stay afloat.

Continue reading “Time to Wake Up and Smell the Tea!”

Calling All Business Owners

Consider Yourself and what YOU want.

Ask yourself and your business the following questions…if YES is the answer to two or more – then please consider your next step, take action and call me for a free chat.

Cash Flow

  • Are you under constant cashflow pressure?
  • Is there a hole in your cashflow bucket?

Profit & Loss

  • Have you experienced a reduction in your gross margin in the last 3 years?
  • Do you make a loss or net profit less than 5%?

Overheads

  • Have you cut all of your overheads but still need to find some savings?
  • Have you reduced waste but still have high costs within the business?

Balance Sheet

  • Do you have a liability or debt within the business that is preventing it from growing and moving forward?

Products and Services

  • Would it be possible to increase profitability by focusing on the right products or services for your business?
  • Is it impossible to focus on higher margin products and service because current overheads are too high?

Customers

  • Do some, but not all of your customers generate profitable business?
  • Would it benefit your business if all your customers paid on time?

Suppliers

  • Do any of your suppliers provide unreliable and/or inefficient services?
  • Would it benefit your business if you could always pay your suppliers on time?

Quality and Performance

  • Are you and your staff, personally being affected by the current circumstances – and is this effecting performance?
  • At any point – has the quality of your product and service become affected by the current challenges in the business?

Future Direction

  • Would it benefit you and your business if you had a clear, concise, documented strategy for the immediate, medium and long-term?
  • Do you need to recapture your “Day 1” passion and drive?

Consultancy

  • Would the business benefit from an investment?