Landlord Property Management Category

Houses of multiple occupation (HMOs) are a potentially lucrative business model for landlords. Rental yields for an HMO are typically higher than for standard family properties, but they are a little harder to manage.

Void periods are a landlord’s worst nightmare. For every week a property lies empty, it costs you money. Of course, periods of no rental income are not just caused by a vacancy. If a tenant can’t or won’t pay the rent and you are going through the court process to evict them, it’s essentially a void period. However, for the purposes of this article, we are going to look at how to manage void periods caused by a gap between tenants.

Owning rental properties for investment purposes requires you to have business acumen, especially if you want your investments to grow. Your properties are a business, so you need to run them like one. Growing a business means you need to know how to handle risks, when to pivot and how to avoid ‘putting all your eggs in one basket’.

This guest post is bought to you by the rubbish removal company Junk Hunters. Their experiences dealing with properties that have been used by tenants as cannabis farms will give landlords valuable insights into things they should be looking out for in their rental properties…

For DIY landlords, the internet is a huge asset. The days of sticking a postcard in the window of the corner shop in the hope of finding a new tenant are long gone.  It’s far more effective to place an ad online, where you can reach many more tenants. The hard part is deciding which websites to use. Here we’ve rounded up the top listing websites you can use to advertise your rental property.