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Fundamentals for Landlords

Property investing can be very rewarding but if you miss the fundamentals, it could cause a lot of problems.

Here are the 10 fundamentals for all 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 the application stage

9.Always maintain an arms’ length relationship with tenants, to avoid any misunderstandings

10. Use RealRenta to automatically manage your tenancies and NEVER hand over your income to middlemen ever again

 

Find out why RealRenta is disrupting the Real Estate industry with our Self Management platform.

RealRenta is for Smart Investors, who realise that they are no longer bound to traditional property management and the associated high fees.

UseRealRenta now and you will NEVER hand over your investment income to a Property Manager EVER AGAIN!

Start here:https://app.realrenta.com/Signup.aspx and get 50% off the normal subscription Feehttps://mailchi.mp/realrenta/50-deal-2020


 

Jason Gwerder
Saturday, 20 June 2020


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