This is what you shouldn’t do

Do not wait until it is too late.

While it seems odd to delay issuing a breach notice, it is common in a downturned property market where rents are decreasing.

This is because landlords oftentimes fear they will lose their tenant and get less rental income.

However, reality is, the tenant is likely to continue to default on rent and the landlord will be out of pocket further as the insurance cover for arrears is typically capped at a certain number of weeks.

RealRenta has all the tools that a property manager has, but at over ¼ the cost of a property manager.

Join now and the cost is less than a cup of coffee a week to manage your rental property

RealRenta also has a free vision, so why not check it out

Jason Gwerder
Friday, 28 May 2021

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