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How to Manage Your BTL
- Your Guide to Being a Landlord With Proven Processes and Systems to Maximise Your Rental Property Returns
- Narrated by: Tim Steere
- Length: 3 hrs and 1 min
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Publisher's Summary
Do you want to maximise the return on your buy-to-let investment by managing it yourself? Then, you need to keep reading....
If you are looking at this book, it is likely that you recently bought your first BTL investment, or maybe you have decided to rent out your home and move to greener pastures. In any case, welcome to the private-rented sector!
When considering your BTL investment, you should be looking at the ability of the asset to provide you with a return. A significant expense for landlords can be the fees a letting agent will charge to let and manage their properties. These fees can be over 14 percent of the rent and can be avoided relatively easily with the right guidance.
It's not surprising then that in the latest English Private Landlord Survey, commissioned by the Ministry of Housing, Communities and Local Government, they found just over half (52 percent) of landlords did not use a letting agent. This makes perfect sense seeing as these same landlords viewed their role as a landlord to be a long-term investment to contribute to their pension (59 percent) or as an investment for rental income (47 percent) and thereby obviously wanting to maximise their investment return.
In this book, you will learn:
- The cheapest way to find the perfect tenant
- How to make sure your rent is always paid in full and on time
- What you need to do to look after the long-term health of your BTL investment
- The steps you need to take to evict a tenant and when it's a good idea not to
- A simple calculation to determine if it's even worth your time to be a DIY landlord
Join just over half of all landlords who do not use a letting agent. If you want to have full control of your buy-to-let investment and manage it yourself, then you should listen to this audiobook.