Time is a finite resource, so it’s no wonder that saving time is a huge concern for anyone trying to achieve complicated things… like growing a property portfolio. Given that there’s a huge amount of legislation to navigate, tenants to manage, paper trails to keep track of, it makes sense that landlords are always on the […]
Affectionately known as the office to resi conversion, thanks to some new legislation aimed at breathing life back into ailing business districts it is now easier than ever to take advantage of this strategy. But as with all things of this ilk, thanks to a few people abusing the strategy, it’s likely to be more regulated in the […]
Back in the 70’s, when I first became a landlord, I didn’t tell anyone. There wasn’t the publicity that there is now and of course no social media, but it was generally assumed that landlords were not “nice people”. In those days there was no Section 8 or Section 21, and legally removing a delinquent tenant was […]
According to Investopedia, property management is the daily oversight of residential, commercial, or industrial real estate by a third-party contractor. Property managers take responsibility for the general upkeep and maintenance of properties, including day-to-day repairs and security issues.
A few years back this strategy was all the rage among property afficionados, but recently stories of the thousands made flipping properties have widely diminished. For various reasons the government has been keen to make this strategy more difficult for property investors, but it hasn’t lost its relevance all together. Flipping is still a good […]
Holiday and short-term lets or serviced accommodation are virtually the same model, but they may be used for different purposes. They can be an attractive proposition if your property is in an area that is conducive to it, think close to tourist attractions or areas that contain the offices of international businesses. This kind of strategy […]
In this the third part of our 8-part strategy series we’re going to be looking at the pros and cons of investing in commercial properties and what it takes to be successful with a commercial strategy.
It surprises me that, despite all the media stories, discussions on Facebook Property groups, blogs like this one and discussion fora, people still see becoming a landlord as “a bit on the side”. They come into the business with little or no knowledge of the legislation and regulation which surrounds the industry. They often consequently have […]
As a landlord, it can be confusing to know what your rights and responsibilities are at the best of times, but it can be especially difficult with HMOs (house in multiple occupation), as you have to manage multiple tenants.
It is without doubt that the UK property market is booming. House prices are growing at their fastest rate in over 14 years, with prices increasing 9.6% in the year prior to May 2021. In fact, the last time investors witnessed returns like this was July 2007, the year before the great financial crash.
In this second part of our 8-part strategy series we’re going to be looking at SCU’s or self-contained units. The Schrödinger’s cat of HMOs - Self Contained Units or SCUs are exactly what they sound like. Self-contained bedsits or studio apartments. Depending on the set up, SCUs may be considered HMOs. If one or more of the units […]
Believe it or not, welcome packages for new tenants can be quite a controversial subject. Admittedly, few landlords will ever lose sleep over the debate. Yet, there appears to be a clear dividing line between more experienced landlords and the newer generation of property investors.
In this first of an epic 8 part series we’re going to be looking at different property investment strategies ranging from buy to let through HMO to niche strategies you may never have heard of. But where better to start than with buy to let? It is arguably still the most popular strategy.
Visit any landlord focussed blog and you will find the obligatory “x tips for new landlords” post. The posts usually contain good but generic tips for getting started with property. What you won’t often find is the post that needs to come after that, the one about growing or scaling your property business – how to level […]
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