Properteasy's profile picture. If you are looking for a secure and exciting way to invest in property, then we are the people to watch

Jeff Dunnill

@Properteasy

If you are looking for a secure and exciting way to invest in property, then we are the people to watch

Develope a list of reliable handyman and gardeners who do good work and charge low rates, even if you hire somebody to let your property


Putting fire extinguishers in a property may open you up to liability if they're found to be faulty


When your tenants move out attach copy of their deposit itemisation report and binding tire tenant law file together for filing


Develop a screening policy for all potential tenants, and share it with them so you both understand what is expected


Consider the possibility of having a higher excess on rental property insurance and using your savings on the premiums to purchase extras


Property particulars mustn't contain false or misleading statements but take them with a pinch of salt


Sometimes you can find a local property wreck by chance ask neighbours who owns the property and enquire whether they have contact details


More limited management services are available from some letting agents, work out what is cost-effective for you to do


maintenance and repairs are considered legitimate expenses offset against property profits


Landlords are not responsible if the tenant slips or falls on natural accumulations of snow and ice.


Don't put the full address in an advert as this can indicate to squatters and burglars that the property is empty


Most management companies operate on a no let no fee basis, but receive a percentage of the collected income for managing a rental property


When upgrading or replacing electrical appliances try to standardise the brand and model and by version whenever possible for uniformity


make a list of must haves and could haves and should haves before viewing the potential investment


if the property seller has two identical bids for a property, speed of completion can seal the deal


If there are delays between showing your property and the date on the new tenant moving in, ensure the property is cleaned


Regardless of whether you accept or reject a prospective tenant be sure to notify the applicant promptly when the decision is made


if you can't trust yourself to stop when you reach your limit ask a friend or relative solicitor or surveyor to bid on your behalf


If you take an advert in a magazine or newspaper be sure to buy a copy and review your advert in place


Don't put the full address in an advert as this can indicate to squatters and burglars that the property is empty


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