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Landlord Insider
On the Landlord Insider blog, you’ll find some excellent resources for landlords of all sizes. From the latest landlord news, to professional advice, tips and guides for landlords, there’s something for everyone. Brought to you by the excellent team behind the Landlord Vision property management software.

How Much Have Landlords Spent on Rent Reductions During the Pandemic?

Residential building and easel with red falling trend chart. Fall of the real estate market, reduction of prices and low demand for housing. Lower mortgage interest rates. Bad economy

Whilst the first rays of normality have returned, the past year has certainly been one of the toughest in recent history. It has taken extraordinary measures by both the national government and the average person to pull through this pandemic. Although certain segments of the media may loathe to admit it, landlords as a community have also shouldered their fair share of responsibility.  

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The Misconception of Property as a Passive Investment

Seedling and saving concept by human hand, Human seeding coins in soil for growing money.

It surprises me that, despite all the media stories, discussions on Facebook Property groups, blogs like this one and discussion fora, people still see becoming a landlord as “a bit on the side”. They come into the business with little or no knowledge of the legislation and regulation which surrounds the industry. They often consequently have no knowledge of the dangers and how to deal with them. And as well as this they tend to have very unrealistic expectations that running a property portfolio and having a full time job or full time business will be easy to manage. Even worse, retirees sometimes mistakenly think they will be unbothered by their portfolio whilst they enjoy their retirement.

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