How to Manage Your BTL: Your Guide to Being a Landlord With Proven Processes and Systems to Maximise Your Rental Property Returns - Softcover

Shelton, Cal

Softcover

ISBN 13: 9798592776977

Verlag: Independently published, 2021

Inhaltsangabe

Do you want to maximise the return on your buy-to-let investment by managing it yourself? Then you need to keep reading…


If you are looking at this book, it is likely that you recently bought your first BTL investment or maybe you have decided to rent out your home and move to greener pastures. In any case, welcome to the private rented sector!


When considering your BTL investment, you should be looking at the ability of the asset to provide you with a return. A significant expense for landlords can be the fees a letting agent will charge to let and manage their properties. These fees can be over 14% of the rent and can be avoided relatively easily with the right guidance.


As a rule of thumb across the industry, a landlord will spend roughly 4 hours per month per rental property. Using simple math, you get to 48 hours per year for day-to-day management and operations. An equal amount of time is spent on leasing, finding a tenant, and turning over the rental. Therefore, if you re-let the property every year, it's roughly 96 hours or just over two weeks of work.


It's not surprising then that in the latest English Private Landlord Survey, commissioned by the Ministry of Housing, Communities and Local Government, they found just over half (52%) of landlords did not use a letting agent. This makes perfect sense seeing as these same landlords viewed their role as a landlord to be a long-term investment to contribute to their pension (59%) or as an investment for rental income (47%) and thereby obviously wanting to maximise their investment return.


In this book you will learn:

- Four pieces of information most landlords forget to give their tenants and can result in a fine up to three times the value of the tenants' deposit and the landlord not being able to regain possession of the property

- The cheapest way to find the perfect tenant

- You will discover what it means to be a good landlord

- How to make sure your rent is always paid in full and on time

- What you need to do to look after the long-term health of your BTL investment

- The steps you need to take to evict a tenant and when it's a good idea not to

- A simple calculation to determine if it's even worth your time to be a DIY landlord Join just over half of all landlords who do not use a letting agent. You can do this, even if you are working full time and have limited spare time.


If you want to have full control of your buy-to-let investment and manage it yourself, then scroll up and click the Add to Cart now.

 

Details zur Ausgabe

• Verlag: Independently published
• Erscheinungsdatum: 2021
• Sprache: Englisch
• ISBN 13: 9798592776977
• Einband: Taschenbuch
• Anzahl der Seiten: 175
• Kontakt zum Hersteller: Manufactured by Amazon on behalf of the author; https://www.amazon.de/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxemburg