3 Tips for New Landlords
3 Tips for New Landlords For those with the financial power becoming a landlord can be a lucrative scheme, bringing in a sizable income on a regular basis. However, the life of a landlord is not always as straightforward as many believe. With a little research and knowledge of the trade, landlords can ensure that they are seeing a solid return without putting in a large amount of regular work. Here, we take a look at three tips for new landlords to ensure that they are smart with their money and are able to get the most from their investment. Low Maintenance Properties Whether you’re keen to buy new for minimal hassle or are looking for a project to work on prior to letting, landlords should not overlook the importance of buying a low maintenance property . A property which requires regular work will not only prove costly over time but will cause disruption to your tenants and will detract from the letting value of that property as a result. A low maintenance, re