It’s easy enough to assume that rent minus mortgage fees equals profit for you as a landlord. But there are far more expenses involved in renting property, and if you were to go on this simple equation, you’d soon find yourself out of business. In this short guide, we take a look at the expenses you will encounter being a landlord and how you can keep track.
Thinking about self-managing your buy to let? With interest rates having squeezed margins, taking control of day-to-day management is one of the quickest ways to improve net cash flow without changing your investment strategy.
The days of renting a property with nothing more than a rent book and a handshake are long gone. Even if you manage just one rental, compliance is now a core part of being a landlord.
House in Multiple Occupation (HMO) refers to a property that is inhabited by more than one separate occupant. They are becoming more and more popular in the UK and in other countries around the world because of the opportunities they offer to their landlords. By renting out one property in separate portions to different tenants, a landlord can generate a decent income in rental yields monthly.