If you are interested in going into to property investment but feel that you lack the required knowledge then Private Property Buyer can provide you with all of the information that you will need in order to make your investment a success. Whether you have no experience in property investment at all or would just like a bit of advice to help with the process, then Private Property Buyer can help.

It is essential that you have all of the information under your belt before making a property investment. So make sure you seek out any help or advice on any areas that you are not completely certain about and don’t make any assumptions on it being easy to make a quick profit when investing.

Property Owners Top Tips

Here are some tips that can be used in your property investment in order to make it a success…..

• Get Landlord Insurance – if you are going to be renting out your property then make sure you have landlord insurance in place. This will cover you in case of any damage to your property whilst the tenants are occupying your property and save you from having to pay the repair costs.
• Review the rent each year – at the end of each year, increase the rent a small amount in order to keep up with the current market. Ensure that you do not increase the rent too much or the tenants may decide that it is too expensive and leave. But by increasing it by a small amount each year, the tenants will not get a big shock and will likely expect and appreciate the small rise each year.
• Consider the end date of your lease – try to ensure that the end date of your lease falls in the time of the year where there is the most demand. That way it is a lot more likely that a new tenant will pick up the lease. Avoid letting your lease end in times where the demand is low like December and January if possible.
• Maintenance – make sure you are carrying out maintenance on the property on a regular basic. Regular maintenance will add value to the property and enable you to charge more rent than you would have without the maintenance.

To receive much more information on any aspect of property investment contact Private Property Buyer either by phone or by email.

Phone: 01792 346108
Mobile: 07809 718569
Email: house@privatepropertybuyer.net