1. Keep Rental Market
2. Attend to minor repairs
quickly so that they don’t become BIG Repairs
3. Offer vacant properties
at the current market value to avoid lengthy and costly vacancy times.
4. Keep Rents at Market
Value for Good Tenants. Raising Rents
and you risk losing good tenants.
5. Always seek financial
advice before buying an Investment Property
6. Whatever you do, you
MUST have Landlord Insurance
7. Don’t become emotional
about your property, it is after all, BUSINESS.
8. Check prospective
tenants thoroughly at application stage
9. Always maintain an arms’
length relationship with tenants, to avoid any misunderstandings
Friday, 20 November 2015