you a LHA Expert? Well I am!
I hate using the word expert, as it tends to mean
you know everything about your chosen subject and
we are always learning and trying to improve ourselves
as people and businessmen. The reason I get called
the expert, I think, is that what I do works and I
regularly take on the Local council and their decisions
name is John Paul and I own the Castledene Group,
which is a property based group of companies in the
North East of England. Our property management company
looks after over 600 properties and we are pleased
to announce that we have recently agreed to purchase
another letting agent that manages a further 400 properties.
We should be completing the deal very soon. Within
our original 600 properties we have 550 that are DSS
tenants and therefore LHA. We get paid directly for
97.5% of these tenants, which is unheard of. Most
letting agents are happy when they can get paid direct
for one or two. We get upset if one or two tenants
get paid directly.
we do works, its as simple as that, its not just getting
paid direct from the councils that we are proud of,
there is so much more to understanding LHA, it’s
a very complicated topic.
regularly get paid in or around 4 weeks and have even
been paid within 10 days before. We have tackled the
council on issues such as overpayments and who to
pursue for those overpayments, we can also get the
tenant paid on two properties if they leave to go
to another landlord, basically we leave no stone unturned
when it comes to LHA.
write this book
year I started to do a lot of networking around the
country and I was amazed when I talked to landlords
to discover that they were all having problems with
LHA tenants or they just didn’t touch them at
all. The main reason was that they didn’t understand
with all things we don’t understand it always
becomes less daunting when it is explained to us,
so that is what I did. I sat down with some of these
landlords and explained how to get paid direct and
quickly, and other tips and tricks we use everyday
in our business.
could see some of them just blankly staring at me
as they simply didn’t understand what I was
saying. They kept saying it’s impossible to
get paid direct, I’m still waiting for payment
after the tenant has been in for 4 months, all these
excuses kept coming up.
I explained the benefits of LHA tenant, such as huge
cash flow, endless supply of tenants and ease of use
(once you understand the system) they all seemed to
be that little bit keener to learn and understand
obviously got around through the internet forums and
networking events that I knew what I was talking about
regarding LHA. I was asked to write articles for Your
Property Network Magazine, as well as mypropertypowerteam.co.uk.
was having at least 10 – 15 people phone or
e-mail me on a weekly basis with their LHA problems
and I simply didn’t have the time to answer
all their queries. So it seemed a natural progression
to write an e-book on LHA.
the e-book I have explained what we do and how we
tackle the common problems associated with LHA such
understanding all these points it may even change
your property investing strategy, it certainly has
with me and quite a few of my investors have also
changed their investment tactics
long as your reasonably organised and understand the
e-book, LHA can be a great strategy to use and very
profitable. Within 3 years of property investing and
using the LHA strategy I was financially free, I could
pack In my job and NEVER work again. But I’m
not like that, I wanted to build my Business and pass
on my knowledge to other people.
you want to know more about LHA or make the system
work for you rather than you working for the system,