salsa-king

... are you a member of the Landlords Association?


if so, what are the 'gains' from being in it?


We have 7 properties in the portfolio and now thinking it might be worth having the 'back up' of a known organisation behind us in case we need advice if things went belly up


cheers.

Phil

Myles

iTrader: (40)

Probably a sensible idea. Saying that though, if you have a number of properties, you probably have a bit of experience where being a landlord is concerned.

I have one house rented at the mo, and Im a member of TaxMan Has His Hands Gripped on my Testes Association.

salsa-king

lol, thats why I think the £300 on my accountant is money well spent..... my tax bill this year for the properties.. 36p!!!!
No tax man worries if everything above board

Yep, having a number of properties we know about stuff anyway, but it's just the legal back up on the end of a phone might be of help....... see my other thread on SN I've posted about.. re sub-letting.

thesyn

Mate, if you have 7 properties, unless you are in some absurd house of cards scenario, I cannot imagine that there is a whole lot that anyone can teach you.

salsa-king

i's not to teach us anything, more about being above board and having the legal help if needed.. through the LA.

pimmo2000

iTrader: (6)

Can I have one of your houses ?

salsa-king

lol, don't think you'd want one of the studio flats.

fivetide

iTrader: (1)

Certainly makes you more 'legit'. I rent out my old flat (alhough looking at selling it now it was only a stop gap measure) and had to register as a landlord with the council.

If you don't have to do something similar, it might be worth it, even as a bargaining chip for new tenents.

5t.

salsa-king

think I'll look into it, as looking to work with the council on a new scheme they have... SUPPORTED Tenancy's!!! we'll see how supported they are when I see the woman next week.