Posts Tagged ‘property’

How to Choose the Right Property to Invest In

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.

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Things to Consider When Letting Your HMO

HMO stands for houses in multiple occupation or houses of multiple occupancy. This kind of let involves three or more tenants who are not a family and so there are shared facilities such as bathrooms and kitchens in the property. Often it is students sharing a house while studying but it can also be any individuals who are happy to share living space with others.

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A Handy Guide on How to Prevent Rent Arrears

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.

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good relationships with tenants

6 Ways to Build Good Relationships with your Tenants

Being a landlord isn’t just sitting back and watching the rent come in, in order to be successful you need to keep on top of your relationship with your tenants. The best way to begin this process is to choose your tenants wisely, once you have selected them try to maintain a good working relationship with them. Good landlord/tenant relationship makes renting much easier, means you are more likely to get paid on time, your property is likely kept in better repair and the likelihood that your tenants will extend their contract greatly increases. The longer you can keep good tenants in your property the better; a low turnover of tenant saves lots of time and money.

Here are 6 ways to build great relationships with your tenants.

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rogue tenants

Minimising the Cost of a Rogue Tenant

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.

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How to Woo The Perfect Tenant For Your Property

Five Ways to Increase the Chance of Letting Your Property This Summer

There are loads of people out there looking to rent a property but the reality is you want the best tenants there are available, ones that can keep up with the rent, that will treat the property with respect and that will hopefully stay for a long period of time. The market is competitive, so how can you make sure you get the perfect tenant for your property?

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