9 Fundamentals for Landlords

1. Keep Rental Market Commensurate

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

Jason Gwerder
Friday, 20 November 2015

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