ASK461: How do I stay positive? PLUS: Should I agree a rent reduction?
en
January 28, 2025
TLDR: Rob & Rob offer advice to two listeners: Kenny seeks tips on staying positive despite overthinking in property investment and Isaac is unsure how to handle a tenant's rent reduction request.

In this episode of the ASK Rob & Rob podcast, the hosts dive into two pressing questions from their listeners. From maintaining a positive mindset amidst success to strategically handling tenant rent reduction requests, the episode provides invaluable advice for property investors.
1. Maintaining a Positive Mindset: Kenny's Dilemma
Kenny, a successful property investor, reached out expressing his struggle to stay positive amidst having more free time. While he enjoys the perks of his achievements, he finds himself prone to overthinking and negativity. Here’s how Rob & Rob responded:
Key Recommendations for Staying Positive:
- Focus on Purposeful Activities:
Instead of letting free time lead to overthinking, engage in activities that stimulate you. Whether it’s a new hobby, charity work, or another business venture, find what adds value and joy to your life. - Create a Fulfilled Calendar:
An empty calendar is not the ultimate goal. Fill your schedule with fulfilling endeavors that bring you happiness rather than aiming for idleness. - Limit Negative Media Consumption:
Filtering out negative influences, particularly from social media and news, can significantly improve your mindset. Rob shares his experience of disconnecting from mainstream social media, which helped him maintain a positive outlook.
Suggested Resources:
Rob emphasizes the importance of seeking out uplifting books and podcasts that focus on positivity and personal growth. While he didn't mention specific titles, looking for resources that resonate with your interests and goals can be beneficial.
2. Navigating Rent Reduction Requests: Isaac’s Dilemma
Isaac, facing a request from his tenant for a rent reduction due to rising living costs, is uncertain about how to respond. He recognizes the importance of balancing tenant satisfaction with his own financial responsibilities. Here are the key points Rob & Rob provided:
Effective Strategies for Handling Rent Reduction Requests:
- Have an Honest Conversation:
Engage in a dialogue with your tenant to understand their request. This allows you to gauge their financial situation, whether it’s a genuine struggle or simply a negotiation tactic. - Focus on Market Rates:
Frame your response based on comparable market rents. For instance, if similar properties are renting for a higher price, emphasize that your current rate is competitive, ensuring that the tenant understands the value they’re receiving. - Avoid Personal Financial Details:
Keep the conversation focused on the market conditions rather than your personal financial pressures. Tenants are primarily concerned about the value compared to other rental options, not about your mortgage or expenses.
Key Takeaway:
By maintaining a data-driven perspective, you can build a strong case against rent reduction requests while fostering good communication with your tenants, which could prevent potential conflicts down the line.
Conclusion: Empowering Property Investors with Knowledge
In summary, the episode emphasizes the importance of maintaining a positive mindset as a property investor and strategically handling tenant relationships. Rob & Rob provide practical advice for listeners, underscoring that investing in personal activities and fostering open communication can lead to success in both personal well-being and property management.
Final Thoughts
Both Kenny and Isaac’s situations highlight common challenges faced by property investors. By focusing on proactive engagement and prioritizing self-care, listeners can navigate their journeys more effectively, ensuring they enjoy the fruits of their labor without being weighed down by negativity. Remember, a positive mindset and good tenant management are key to thriving in the property industry!
Was this summary helpful?
Recent Episodes
ASK462: How can I use £100k to get into refurbs? PLUS: Help, I've just been handed the management!

The Property Podcast
It’s time for the latest edition of Ask Rob & Rob and we’ve got some cracking ones for you this week! (0:43) Andrew has been dreaming of getting into property and thanks to a recent £100,000 inheritance he’s finally in a position where he can get started, but he’s wondering if Rob & Rob can shed some light on how he can find the right property and if an interest-only mortgage is the right option for him. (5:51) Last year Jal completed on a new-build flat in London, and he’s found himself in a position where the developer has handed over the management of the block to the owners. Jal is a pretty hands-off investor, so he’s asking Rob & Rob what he should do next – should he contact the other owners, or should he leave it to his estate agent to handle? Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. Find out more about Property Hub Invest
February 04, 2025
AOB: Revealing our business goals for 2025

The Property Podcast
Rob & Rob discuss their plans for 2025, aiming for more and bigger property deals to grow their £100m business. They reveal a key source that contributes significantly to their success.
January 31, 2025
TPP620: Do THIS to make 2025 your best year yet

The Property Podcast
Rob & Rob's podcast in January 2025 discusses self-motivation for property investment, setting actionable steps for success, improving energy levels, cutting out distractions, staying motivated, mindset techniques, and accountability methods. Suggested books are Tony Robbins: Unleash the Power Within, David Schwartz: The Magic of Thinking Big, and Richard Branson: Losing My Virginity.
January 30, 2025
TPP619: Our property hotspots for 2025

The Property Podcast
Rob & Rob discuss their investment recommendations for 2025 in various hotspots such as a powerhouse city, an area undergoing regeneration transformation, and more. They also mention their wildcard location and share insights on one of their all-time favourites.
January 23, 2025

Ask this episodeAI Anything
Sign In to save message history