Channel 4 showed an interesting story concerning the life and times of
\nDaniel Burton, the man who brought the concept of ‘rent to rent’ into the
\nmedia spotlight. Sadly, despite many years of successful trading, Daniel
\nBurton and his company have disappeared into the ether\u2014along with an
\nawful lot of cash owing to disgruntled tenants. So what happened?<\/p>\n
Get Rich Quick<\/strong><\/p>\n Rent to rent was viewed as a ‘get rich quick’ scheme. Daniel Burton Rent to Rent<\/strong><\/p>\n The idea behind rent to rent is simple. People like Daniel Burton rent a Sadly, it all went a bit wrong for Daniel Burton and his company. Channel Channel 4 showed an interesting story concerning the life and times of Daniel Burton, the man who brought the concept of ‘rent to rent’ into the media spotlight. Sadly, despite many years of successful trading, Daniel Burton and his company … Continue reading
\nwasn’t the only landlord<\/a> to jump on to the bandwagon, but he was perhaps
\nthe best known. At one point, Daniel Burton was reported as making around
\n\u00a335k per month. He even ran seminars to help instruct those eager
\nwannabes who wanted to emulate his meteoric rise to property letting
\nsuccess. Unfortunately, tenants were less than impressed with his
\nbusiness blueprint.<\/p>\n
\nlarge property from an existing buy to let landlord. They then sub-let
\nthe property to tenants looking for individual rooms. To make the scheme
\npay, tenants are packed into the properties like sardines in order to
\nmaximise rental income for the sub-letting landlord. If there are
\nproblems with the property, the sub-letting landlord doesn\u2019t have to deal
\nwith disgruntled tenants; instead he directs their complaints back to the
\noriginal landlord owner of the property<\/a>.<\/p>\n
\n4 eventually tracked him down to sunny Scunthorpe in the north of
\nEngland, which is a far cry from his previous stomping ground of London.
\nBut if you want to know the ins and outs of Daniel’s story, check out
\nChannel 4.<\/p>\n","protected":false},"excerpt":{"rendered":"