If you use a letting agent, then you’re probably charged a ridiculous fee every time your tenant renews. This can range from 6% – 12% of the annual rental income. Winkworth currently advertises a 9.6% fee for the 1st renewal …
Time needed: 10 minutes.
This post will look at 10 steps in how to be a landlord. Using a letting agent will seriously erode your profits especially in a climate with increasing regulation and cost. Moreover, letting agents do such
Paying for property inventory reports as a landlord can become expensive. I could pay up to £415 over 12 months for my 3 bed flat with property check-in and check-out reports. This is a good incentive to do it yourself. …
If you assume the concept of tracking depreciation is only for businesses, then you’d be wrong. I would encourage you to start tracking depreciation for anything valuable in your rental property. It’s a super simple process and a great tool …
