I Rented Out 700+ Properties & Learned This ___
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- Опубликовано: 13 май 2024
- Over the past 18 years I’ve rented out over 700 properties across the UK.
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Pricey, cheap, massive, tiny. You name it, I have rented it. Along the way I’ve had some absolute dream tenants… and also had someone call me saying there were ghosts in the walls.
But as a result of all this experience I’ve figured out how to avoid the most common mistakes when renting out a property and haven’t had a truly awful experience for a long time - touch wood.
So regardless of whether you rent 1 or 1000 properties, here are the top 7 lessons that will help you rent your properties faster and more profitably with much less drama along the way.
But before we get into the lessons, you might be wondering how I ended up renting so many properties in the first place.
I'm about to rent my first flat which I currently live in. I have had a look at prices nearby and I have tried to put it on the market for the highest (maybe even too high) just to see what responses I get. I have had it up for a week and have two viewings booked in. I'm thinking of maybe reducing the price by £50-£100 to increase the number of viewings, rather than having to pick from a smaller group, also not sure what these two that are booked in will be like. What's your thoughts ? I'm in a very desirable area so I should get a lot of viewings if I had very a competitive price.
It's high time prices matched family budgets, even if it means a market correction. Diversifying income outside of government support sounds like a smart move in this situation.
I get your point about investing, but where do you even start if you're not familiar with any?
@@fabulousglasswarden Knowing where to invest can be daunting, especially if you're new to the game.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million
Wow, that's amazing! Would you mind sharing the name of your recommended advisor?
Amazing thanks
Don't let @garyseconomics watch this...
What is your current net worth?
Link to free tools: propertyhub.net/youtube/