One of the first and biggest decisions to take when you’re launching out into the world of property investment is what house to buy.
Making the right choice here will stand you in good stead for being able to rent the property out easily, thus ensuring a reliable source of income.
Being a landlord involves navigating the many different options available to you and coming to the right conclusion as to what’s best for your requirements. Choosing the right kind of insurance policies is one such decision to be made. Check out this handy guide on insurance for landlords…
One of the main causes of stress for landlords is when their tenants fall into rent arrears and are either late or unable to make the payments. There are several ways that you can prevent this from happening so that there is minimal disruption for both you and the tenant.
Buy-to-let is one of the most popular areas of property investment. Over 2 million people own property which they let out for income in the UK. Why? Because it can be hugely rewarding!
Finding the right property is crucial when it comes to investing in buy-to-let property. Your decision at this stage can have big influences on your profit down the line, no matter how well you develop or market the property.
So the question is – what should you look for in an investment property?
Choosing the right tenant is one of the most crucial parts of letting your property. A rogue tenant can leave you in a desperate position, with costly eviction and legal proceedings not to mention time and money spent on repairs and the time in which your property is uninhabitable whilst a non-paying tenant refuses to leave or whilst repairs are carried out. Following a good application process with interviews and references is essential to minimising the risk of getting a bad tenant.
