Classic business philosophy teaches that a great part of survival and subsequent success lies in an operation’s ability to reduce mistakes. The cost or repairing the mistakes is inversely proportional to the amount of profit potential of the operation. In other words…”Mistakes Kill the Profit Margin!!!!!” As landlord’s, we don’t want to do damage to the precious profit margin we…
Tag: Landlords
Apartment Renting With Pets
If you’re a pet owner who is considering a move to an apartment there are certain things you must be keep in mind. First, whether or not your pet will be accepted by most landlords depends primarily on the type, size and personality of your pet. Dogs: If you own a large dog, apartment living is probably not for you.…
Buy To Let A Change For The Better
Life is set to become a whole lot easier for UK landlords if the findings of a Law Commission report, currently coming up to final draft stage, are to be implemented. If you own a buy-to-let property, or are considering joining the growing band of landlords, it is important that you’re aware of proposed new legislation regarding tenancy agreements. These…
It S A High Price To Live In The City
In any city where the majority of people are renters, the projected rise of a 5% increase in rent is anything but good news. Over 61% of households in Los Angeles are inhabited by renters; one of the highest rates in the country. Under the city’s Rent Stabilization Ordinance (which limits annual rent increases to about 3%, as long as…
Large Increase In Mortgage Repossessions
Recent statistics from the Department for Constitutional Affairs state that court actions by mortgage lenders rose to 28,476 in the second quarter of this year – for those that don’t follow such trends that’s up over 50% on one year ago. Also, at 18,330, the number of repossession orders was the highest for 9 years. Although yet to reach the…
Buy To Let Administration And Regulation
Recent press coverage and industry research indicates that there has never been a better time to enter the buy-to-let market, but following recent developments, leading finance guide Business Moneyfacts suggests it is not necessarily the case for everyone. Today sees the introduction of radical legislation designed to raise standards in the rented property sector. Some houses of multiple occupation (HMOs)…
Housing Act 2004
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Investment Property For Sale
1. Landlords and Real Estate People rarely think about how they should not be landlords. The real estate market is a fluctuating area and success is definitely not assured. Of course, if youve got what it takes to be a landlord, you can turn this into a very profitable business. It is important to choose the investment property you purchase…