• Where on Earth Do I Start In Property?!

  • Jan 7 2023
  • Length: 32 mins
  • Podcast

Where on Earth Do I Start In Property?!

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  • Summary

  • Welcome to the New Era Podcast! In this episode, Lorraine Gannon and Sam Lawson will be discussing the practical aspects of running a property business. They’ll take a closer look at Selective Licensing, reviewing whether it’s just a money-grab for landlords or if it actually does make improvements to rental housing quality. Additionally, they will introduce a great resource for managing properties and tenants that can save you time and money. Finally, they will address some of the most common questions from those new to property investment. The podcast’s theme is “Where On Earth Do I Start?!” so get ready to kickstart your property journey!We start with today’s news article, in which landlords are slamming Liverpool’s shockingly slow licensing application process. At the current rate of processing, it will take a staggering 150 years to process all applications received thus far. Is this fair to property owners in the area? Tune in to today’s episode of the New Era Podcast for an insight into the issues and an analysis of what this means for property owners in Liverpool and beyond!Full Article here - https://www.landlordzone.co.uk/news/landlords-slam-liverpools-shockingly-slow-licence-application-process/Then we move on to tackle some of the most frequently asked questions from those looking to make their first property investment. Together they answer questions such as whether it’s better to invest in personal or company name, if a BTL mortgage is needed when residential rates are cheaper, how to stay on top of document renewals, and much more. Additionally, they take a look at how much time goes into managing rental properties and the importance of capital growth versus cashflow. Finally, they offer advice on how to decide if being a landlord is the right fit for you. There's some really helpful thoughts in this section that'll benefit experienced and new landlords alike.Now each episode we try to share with you a free (or very affordable resource) to sign the session off - partly sharing tools we love but also as a thankyou for listening along! This episode’s resource is pretty close to home - we actually mentioned it in passing earlier - but it’s GoTenant!So, GoTenant! Was created by Rick Gannon as a one stop shop for all of your property and tenant management leads - designed by a private landlord with similar business in mind. So what does GoTenant! Actually do? It’s a property management system that covers everything that you need in order to manage your properties such as - document renewal reminders, maintenance reporting, being able to share this information with your team. BUT it also has everything that you need to manage your tenants and tenancies - booking viewings, tenant onboarding, e-signatures for contracts, communications, auditable trails, rent tracking and it even integrates with Xero’s booking keeping platform! All in one place!You can find Gotenant! At gotenant.co.uk and best of all they offer a free 1 month trial! This’ll give you a chance to get on the platform and take it for a spin before deciding if it’s for you!We hope you've enjoyed today's episode and please do like, subscribe and share it with a friend! We'll look forward to seeing you on the next episode!
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