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Considering Becoming a Landlord? Avoid These Maintenance Mistakes That Can Drain Your Future Profits
Thinking about entering the rental market? Smart move. But before you dive in, understanding common maintenance pitfalls is crucial. Get it wrong, and your potential profits could quickly disappear.
Buying a home is one of life’s biggest decisions. Whether it’s your first purchase or your fifth, the process can feel daunting, with plenty of pitfalls to avoid. From mortgages and surveys to legal paperwork and negotiations, there’s a lot to take on board. By arming yourself with the right information and working with a knowledgeable local estate agent, you’ll be better placed to make smart decisions and find the home that truly fits your needs.
As a landlord, you have a crucial decision to make: manage your property yourself or enlist the help of a professional letting agent. This choice significantly impacts your time, stress levels, and ultimately, your investment's success.
As a landlord, deciding whether to let your property furnished or unfurnished can feel like a toss-up. But have you considered the hidden costs that might tip the scales? Let's analyse what could impact your bottom line.