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b"https://www.youtube.com/watch?v=RVvILa_MZoQ\\n\\n\\n\\n\\n\\n\\n\\n\\nA big concern with people looking to invest in granny flats is who is actually going to rent a granny flat? Well we are finding that a lot of high quality tenants want to rent granny flats.\\n\\n\\n\\nLearn More About Granny Flats\\n\\n\\n\\n0:00 - Introduction0:48 - Making the distinction between new build and old school granny flats2:32 - There is a broad spectrum of people who rent granny flats4:17 - If priced correctly we get a lot of people through the granny flats5:45 - You need to make sure there is the demand for granny flats in your area\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nGranny Flat Walkthrough\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00a big concern with people looking to invest in granny flats is who is actually going to rent a granny flat am i going to have someone in my backyard who is on the dole who is a derelict person who's not going to take care of that property who was just an extremely undesirable tenant or am i actually going to get good tenants for this property that's what we're going to be talking about in today's episode hi i'm ryan from onproperty helping you achieve financial freedom and if you haven't heard a lot about granny flats or haven't seen one of my walkthroughs of the granny flats i'll link up to it down below if you haven't or if you haven't been to a new build granny flat yourself you might find yourself asking who on earth is going to rent this who is going to rent a granny flat and live out the back of someone's house now it's important to make the distinction here between a new build granny flat and a very old school style granny flat so old school might be that cockroach infested granny flat that is in the backyard of someone's house but it's pretty worn down probably full as as best as as well and actually shares the yard with the front house and might even share some amenities like a laundry with the front house or something like that something that someone built on the cheap to actually has their legitimate grandma because she needed to move on the property with them granny flats have come a long way since then what i'm talking about is a new build probably generally around 55 square meters generally speaking a two bedroom granny flat is what we build most of our clients build most of on their properties two bedroom 55 square meters with a deck and now this property also has a fence between it and the house it has its own private access it has its own private little courtyard or yard space as well and is also a completely separate tenancy from the front house so you're looking at separate water separate electricity separate tenancy agreements for the property so i just want to make the distinction there between the old cockroach infested granny flat and the new style new build granny flats which are really i guess more akin to a two bedroom unit or a smaller two bedroom unit with a deck so the deck is effectively the balcony of the two bedroom unit and then you've got a yard as well so it's kind of a two bedroom unit with a yard so when looking at okay who is actually going to rent these i just want to have that distinction in mind so who is going to rent the granny flats now there is actually a broad spectrum of people that rent these granny flats not everybody wants to live in a big house not everybody wants to have the maintenance of a yard people do want to live in a nice smaller new build desirable housing so grandpa's don't only because they're on the cheaper end of the market it's normal to think okay there's only appear to lower socio demographic people but that is really not the case you have single people who likely be in these granny flats you have couples who might be saving for their first property or who just don't want to spend too much on rent or who aren't going to be home as much you have flying fly out workers you have older people or people who have been through marriage bust ups where it might just be one of them looking to rent a property so ..."