If you want to build a rental portfolio, this all starts with making good property deals. So do you know how to get the best property deal, or are you winging it and hoping for the best?
Well, there are rules that you can follow to make sure you get the very best deal in the first place. Read on to find out more.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: 63% of Brits say UK has a housing crisis; Scottish city homes among most affordable in the UK; Record-low mortgage rates mean house prices are likely to keep rising; London rent prices fall furthest for expensive central properties; Who Is My Gas And Electricity Supplier?; Two thirds of young adults in the UK are counting on inheriting wealth… Happy reading and… renting!
Students are not exactly the pinnacle of society. Given at least three years off work after being released from mum and dad’s protective care, they are synonymous with heavy yet-to-be-controlled drinking and still need mum to clean their bedroom and pants.
So why the heck would you want to rent to these curious all grown-up now little darlings?
That’s the million-dollar question.
But hey, if you are aiming to build a million-dollar property portfolio – students always need somewhere to live. And student letting boasts some of the highest profits available when it comes to renting. So, let’s get into how students could be a great way to boost your portfolio and some top tips.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Investment in student property ramping up; Stamp Duty Changes Take Heat Out Of Housing Market; Remortgaging – All You Need To Know; Third of people applying to rent face credit discrimination; Millennials are £100,000 more out of pocket when buying a house… Happy reading and… renting!
Renting a home is a business like no other. It requires a massive investment, and who you sell to (i.e. your tenants) can make or break your business. You are essentially entrusting a significant part of your finances to another person, so a problem tenant can destroy your nest egg. Renting to a problem tenant can also cause you stress and even seriously affect your mental and physical health. You need to do everything you can to avoid this. But how, exactly?
Well, follow the steps in this guide to avoid being a suitable candidate to appear on the popular TV show, Nightmare tenants, slum landlords.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: We’re in another house price boom. How long will it last?; Factors that impact the UK property market in 2021; Housing market shows ‘no signs of cooling off’; Banks call for COVID mortgage support for struggling homeowners; Mortgage options increase as rates get competitive; Getting A Mortgage When You’re Self-Employed; Brits spend £110bn on home improvements amid pandemic property boom… Happy reading and… renting!
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: The stamp duty holiday has ‘turbocharged the property market’; Lack of new properties to let putting pressure on prospective tenants; The UK’s property bubble – what will happen next?; Record jump for UK mortgage lending after tax break extended; Rents fall in London as pandemic exodus continues; 10 things you need to know before thinking of buying a new home… Happy reading and… renting!
Having bought your new rental home, there can be the desire to furnish it to a boutique hotel standard before renting it out. Similarly, suppose you are on a budget and have already invested heavily in fixing other areas of the house. In that case, it may seem just as an attractive option to rent the property looking clean and spacious and completely unfurnished.
So how do you decide which is the best option? In this short guide, we look at each option’s pros and cons so you can better make that decision.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Scotland extends eviction protections for further six months; Lockdown has helped a third of homebuyers get onto property ladder; The cities where home buyers need the smallest deposits; UK mortgage approvals for February surge 20%; Coronavirus: 840,000 Brits have fallen behind on rent since crisis began; London super prime lettings market making a return… Happy reading and… renting!
When you are renting a property, it’s essentially a sale. Make a good sale, and you have tenants that might even stay a decade. Imagine that! A perfect tenant, that stays and pays on time. You never have any issues, they look after the property and you never have to worry about your property being empty, with mortgage payments to make – costly renovations, and all the hassle of advertising the property for new tenants. So, how do you get tenants to stay? Well, here are a few helpful tips, to get tenants to stay longer.
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