I have great sympathy with the new property investor of today, especially the conscientious ones who try to research the business. There is so much more information out there on how to do it. When I started there was nothing. Understanding and absorbing all the different opportunities would take ages:-UK or abroad? Which country? Which ...…
I am a private residential landlord letting mainly houses in multi occupation (HMO’s). I became active in promoting fire sprinklers after joining the Homestamp committee on fire safety for HMO’s. Homestamp is a consortium consisting mainly of West Midlands Local Authorities, emergency services and landlords who are working to improve standards in the private rented ...…
As a landlord of over 20 years I have increasingly questioned the concept of a bad landlord. Shouldn’t it be bad tenant for choosing the landlord? Just as I am free to buy a second hand car with declared faults why can’t a tenant do the same? I listen to Housing Standard Officers (HSO’s) go on ...…
The real way to make Buy to Let Property investing work is to CHANGE your properties into HMO”s (Houses of Multiple Occupation). By CHANGE I mean to ADD rooms to the existing footprint of the property in order to maximize the rental income from the property. I have been investing in property full time for ...…
The important thing is to satisfy your tenant’s demands, i.e. give them what they want. I find most tenants require a lock on their bedroom door, a fully furnished house, including a washing machine in the kitchen, central heating and a TV. Professionals also require broadband. I would always provide smoke detectors as well though ...…
