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Letting a Property Guide for Landlords

Jan 12, 2013   //   by mecadmin   //   blog  //  No Comments

Letting a property is no easy task. There are a lot of things to consider before deciding to let out your property. Below are some of the things to avoid to ensure you can benefit from letting out your property and not the other way round.

 

Letting a Property – Dont’s for Landlord Lettings

  •  Don’t let your property to just anybody- Make sure you do a background check on your probable tenants. You can also ask them for referrals from their previous landlords

 

  •  Don’t neglect your property- The secret to getting a fair price for your property is by ensuring that your property is in good  shape

 

  • Don’t forget to comply the necessary requirements of local authorities. Make sure your property doesn’t have any safety and hazard issues

 

  •  Don’t leave problems to fester. Make any necessary repairs that are needed to avoid having bigger problems in the future

 

  • Don’t leave large sums of rent with your agent for long periods. Make sure every rent is paid on time and that the agent complies to whatever is in your agreement

 

  • Don’t forget to do an inventory of your property before a tenant moves in and after. Everything as to be accounted for to ensure that your property is protected

 

  • Don’t Try and remove your tenant by changing the lock or throwing out their possessions. This is considered illegal and you could be prosecuted if you don’t abide by laws and regulations

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