As a busy landlord juggling a portfolio of multiple properties, you might be thinking about ways to reduce your workload or secure a regular income. Have you been enticed by promises of guaranteed rent?
Guaranteed rental schemes or rent-to-rent (R2R, not R2D2) schemes are growing in popularity. But hold on for a minute, what do they actually mean?
In a nutshell, it’s where you rent your property to a rent guarantee specialist who promises to pay you a certain amount every month and takes on the burden of managing your property.
Sounds great, doesn’t it? But is it too good to be true?
In this two-minute read, we look at why you should be cautious of rent-to-rent schemes and how they could be less profitable in the long run.
Discover how to make your kitchen look fresh and modern without spending a fortune in this two-minute read.
Smartening up your kitchen is an excellent way to wow buyers and add value. If you can’t afford a full-scale high-end refurbishment, try these cost-saving DIY tips.
This two-minute read looks at why landlords should change letting agents and how it can benefit them.
Did you know that lots of people pay more for their phone bills, car insurance or Wi-Fi simply because the thought of changing providers is too stressful? This is like a lot of landlords – they stick with the same letting agent they’ve used for years just because it’s easier to stay put.
We hate change. Why rock the boat? Sure, the boat may be leaking and have a dodgy fish smell, but is it really that bad?
Well, dodgy boat clichés aside, we’re here to tell you that yes, it really is that bad. You could be making more rental income, have a better working relationship and not have to put up with ignored emails or calls if you simply switch letting agents (preferably to us here at Greyfox, we’re very good).
Being a first-time landlord can feel daunting. There’s a lot to do before you can get your property rented out – such as repairs, legal obligations, admin, tenant-finding, contract signing, and so on.
But don’t fret.
A good letting agent will help explain all the ins and outs of the process. And can do most of the work on your behalf.
In this three-minute read, we discuss some of the essential steps you need to take before renting out your property.
