Sometimes, we hear landlords say, ‘times are tough, I don’t want to increase my tenants rent’. Although this may be considered an act of kindness to the tenant at the time, we know that this gesture can also have negative consequences for both parties. The most important fact to take into consideration, is – remembering…
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As a landlord, ensuring that your property is dry and well-heated is essential. In addition to being a legal requirement, providing adequate heating and preventing dampness can also save you a lot of maintenance in the long run. Let’s take a closer look at how you can ensure your rental property meets the necessary heating,…
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There are a few industry methods of evaluating how much your residential property investment maintenance should be. Whatever the method you choose, it is important that preventative maintenance is completed to minimise big spends. Method 1. Each year put aside one per cent of your property’s value to cover the repairs and maintenance costs. If…
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