From Homeowner to Landlord - This Wasn't the Plan!
Move iQ Podcast · Move iQ
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Show Notes
What happens when you buy a property expecting to sell a few years down the line… and it just doesn’t?😫
In this episode, Phil Spencer sits down with Alex, Move iQ’s Head of Partnerships, to talk candidly about going from a homeowner to a landlord. This wasn’t his plan but when selling wasn’t an option, renting out the property instead made the most sense.
Alex shares what it’s like to become a landlord almost overnight, the lessons learned during the process and the advice he has for others in a similar situation. Together, Phil and Alex break down the real-world risks, responsibilities, and decisions that come with renting out an unsold property; from finances and legal obligations to managing tenants and stress levels 🏡 📑
👉TIMESTAMPS ⏱️
Chapters
- 00:00 Introduction
- 01:07 Alex’s story about becoming an accidental landlord
- 05:19 Pros and cons of renting out your property
- 07:20 Advice for other accidental landlords
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