Understandably renting to students makes people a little bit nervous. There is a certain stereotype that comes with students. In a word: messy. That being said,, there is a big market for student housing and if managed properly student housing can be lucrative.
At some point in time, your tenants are going to request some maintenance and you are going to need someone you know and trust that you can send round. This is when you flick through your book of trusty contractors and send the best one around. Problems solved.
The decision to allow pets or not is a difficult one. However, with such an overwhelming number of pet owners looking for a home that allows animals, it can be a good move, one that will keep your vacancy periods blissfully short.
Renters, when looking at properties online will often make snap decisions in seconds based solely on the images available. That’s why having the very best possible photographs of your property is so important.
When it comes to working out your taxes at the end of the year things can get a bit complicated. What counts as rental income? What can be expensed? What tax bracket are you now in? We could go on and on. So, we thought we might see if we can't make it all a little bit clearer for you.
An REIT (Real Estate Investment Trust) is a commercial portfolio of real estate investments. The trust allows individuals to buy shares in portfolios and receive income paid out to them as dividends. However, this isn’t an ordinary company share...