Winter is the time when most problems arise in rental properties.
Emergency callouts abound, and insurance claims rocket, mostly from water or weather damage. While your policy might cover the costs, the inconvenience of midnight phone calls, stressed-out tenants and urgent repairs is something every landlord wants to avoid.
We’ve all seen the headlines: inflation at its highest point in almost 30 years; interest rates are rising, and the energy cap is about to lift. Everyone’s on tenterhooks to see what it will mean for their bank balance, and of course, landlords and tenants are going to be affected.
Continue reading COST OF LIVING CRISIS: What Can Landlords Do? (Watch/read/listen)
There’s a book by Simon Sinek called Find Your Why, and it’s all about identifying your reason for having a business: why do you do what you do?
So, you’ve found the perfect property as your next – or first – buy-to-let.
What are your plans for your buy-to-let business next year? Buying your first rental property? Upgrading your portfolio? Or expanding into new parts of the lettings market?
Buying one or more rental homes can give you additional income now and a plan for financial freedom, but simply owning a property isn’t enough by itself.
To be sure of maximising your yield and protecting the value of your portfolio, the financial management of your rental homes is an essential part of being a successful landlord. Continue reading FPTV (EP 61) BUY-TO-LET FINANCE: Optimise Your Portfolio’s Cash Flow, Yield (watch/read/listen)
Every landlord and tenant want exactly the same thing: security and stability. As a landlord, you want an uninterrupted income stream, while tenants want an uninterrupted home life.
Owning one or more buy-to-let homes is the dream of many people. The idea of passive income, financial security and building a comfortable retirement is an inviting prospect that, for many landlords, has led to a complete change of lifestyle and career.
Continue reading FP TV (EP 55) BEING A LANDLORD: Is Buying To Let Right For You? (Watch/read/listen)
Families are among the most stable tenants you can find, not least because the process of moving home is so much more complicated than for single people and couples.
How do you feel about your current managing agent? If you’re reading this, perhaps you have some doubts.
Whether your buy-to-let is for additional income or your long-term financial freedom, it’s vital to have complete confidence and comfort in your choice of letting agent. From the moment you first ask them to find you a tenant, and throughout their time looking after your investment, you should feel protected and prioritised by their abilities and actions.
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c/o 9 Mitchell Street,
Leven,
KY8 4HJ
97 Bonnygate,
Cupar
KY15 4LG
9 Mitchell Street,
Leven,
KY8 4HJ
c/o 9 Mitchell Street,
Leven,
KY8 4HJ
c/o Bitwise Group
Crescent House, Carnegie Campus
Dunfermline KY11 8GR
c/o 97 Bonnygate,
Cupar,
KY15 4LG
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