Michael
Michaels journey from inheriting a property, bad tenants to expanding his property portfolio
Birmingham, Landlord Since 2019
About Me
Hey there, I'm Michael. I'm 35 years old, living in the heart of bustling London City. By day, I'm your typical IT professional, navigating the world of codes and computers. But outside of the office, I wear another hat – I'm a landlord.
The pain of being a landlord
See, I inherited a 3 Bedroom house in Leeds from my grandparents. It's been in the family for generations. And for the longest time, I've been renting it out the old-fashioned way, through a letting agent. But let me tell you, it's had its fair share of ups and downs.
I had this one couple as tenants, seemed nice at first, but turned out to be a real headache. Always late on rent and constantly causing trouble with the neighbours not to mention, the frequent damage to the property. You name it, they did it. Dealing with them was a nightmare. It got so bad that I had to take them to court to evict them. Cost me a fortune in legal fees and thousands in lost rent. I started questioning if being a landlord was worth all the hassle.
What made me change to Inflate Your Rent
I discovered Inflate Your Rent through a work colleague, so I decided to look into it. What really sold me was their 'Driven by Safety for Landlords' business model. This model allows for higher rental incomes, eliminates all bad experiences and costly court evictions by hosting guests instead of tenants, and offers better asset protection. Figuring it was worth a shot, I decided to try this new way of renting out my place without all the headaches. So, I listed my property, feeling a mix of nerves and hope.
What happened next was awesome
Turns out, it was the best decision I ever made. Guests started coming in, leaving glowing reviews. No more dealing with problematic tenants or court battles. Just pleasant guests and travelers from all over, eager to stay in the property.
The extra income from Inflate Your Rent allowed me to invest back into a second property and further expand. And here's the best part – I'm not at the mercy of anti-landlord government legislation anymore. With Inflate Your Rent, I'm protected. These people aren't tenants; they're guests booking on a nightly basis, paying upfront just like at a hotel. It's a game changer!
Another inspiring story
Tessa
Explore the journey of a Nursery Assistant who found a way to boost her income while reducing her workload, allowing her to spend more quality time with her family and take a break from the heavy demands of her job.
Jack
Discover how a low paid and overworked bus driver increase his income whilst significantly reducing his extra work.
