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
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Jason Gwerder
Saturday, 20 June 2020