juggers

iTrader: (1)

Any landlords on here........where and how do you let your properties?

Chip

Let in Cardiff, use a tenant finding service then sort everything myself.

Don't forget to use the DPS as well as a lot of people don't

http://www.depositprotection.com/


Chip

fivetide

iTrader: (1)

Advert in the local paper.

Alternatively, contact the local Uni/NUS. They might well provide a list of registered landlords/propertities to the students and do the work for you.

As above, don't forget to protect the deposit and make sure you ahve all the right certificates in place.

addi monster

iTrader: (6)

Use a trusted letting agency that vets the tennants, Also take a huge bond incase the worst happens.

juggers

iTrader: (1)

Any of you puts the adds up your selfs?

Chip

Nope, let an agent vet them and sort all the paperwork out. Ours charges 50% of a months rent.

hodgy0_2

yes, do it all myself

and saved 1000's and thousands in useless agents fees

not had a unrented month in 10 years

fivetide

iTrader: (1)

Yes did it myself - local paper as I already said.

Yes, a agency will vet the tenents ad addi says but if they don't pay all they'll say is "they checked out so tough". for this you are going to pay them a big slice of your rental income when they are paying so why would you? You may as well flush the cash down the bog.

Get a decent contract written up or get one through landlordzone and reuse time and time again. That's all the agency does, they will just charge you £100 for doing it.

juggers

iTrader: (1)

50% is that just one month or the length on the tenancy agreement?

Chip

One month.

juggers

iTrader: (1)

Agh cool, was curious to see what others do I have a 16 bed and a few 3/4 bed town houses. Currently manage them myself which is an ball bust!
I always buy properties where I can get a 12-15% return as opposed to 10%. Anyone do better than 15% if so whats your trick?

ronjeramy

iTrader: (1)

My parents used to have a couple of flats they used to rent to students, and used to do it through the collage, they stopped renting to students as it was a pain in the ****, they used rec them.

juggers

iTrader: (1)

Yep don't blame always need some sort of refurb at the end of the Uni.

ronjeramy

iTrader: (1)

It probably didn't help that they were "art" students.

juggers

iTrader: (1)

LOLZ, will make a note not to allow art students in any of ours!

juggers

iTrader: (1)

Site to list properties free www.padsforstudents.co.uk

LeeMac

iTrader: (1)

Student digs - advertise in local papers to the uni/colleges

I could rent out properties all day near me via Facebook - do a search for anything local to the area - eg. enter in the search on FB - for sale Salford

usual risks tho
depends where and who to