Managing a property from afar

  • Filter
  • Time
  • Show
Clear All
new posts

    Originally posted by kesm View Post
    Thanks. I just prefer to self manage purely for the financial side of things
    It's not so much their 10% commission fee for me, I'd happily pay it if they could do half as good a job. A competent landlord will always do a better job self managing (if they have time).

    Originally posted by kesm View Post

    Thank you. Do you do the inspections yourself?
    Also are you a member of a governing body so you can get legal advice if needed? Like the NLA?
    Yes, do the inspections myself.

    Was an RLA member lapsed now, same with NLA although I might still be an associate member. The forms are pretty good but disillusioned with their poor representation of landlord political issues.

    If I need legal advice to that high level, I'll pay for it.

    Shelter do a good free advice helpline if you phrase the right questions and manage to get it passed up and handled by one of their lawyers.


      You have to inspect. Landlords can be liable for things they should have been aware of, not just things reported to them.

      So you can’t just there and wait for tenants to raise issues. Many tenants say they’re scared to raise problems with landlords.

      If you do use an agent, be prepared to manage them. Assume they’re useless and clueless until they prove otherwise. Do not believe any agent who promises to look after everything for you.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).


      Latest Activity


      • Reply to No Fault Eviction
        by AndrewDod
        Next time my tenants give notice I'll try to kick them out three weeks early instead. Makes sense.
        Someone pays for all these jokers....
        24-07-2021, 13:59 PM
      • No Fault Eviction
        by Gdunwell
        Hi All, I have been living in the same house for 7 years and have just been served a form 6A giving 4 months notice to vacate. The owner is returning from overseas and wants to live in the house. Whilst disappointed I get that this is one of the perils of renting but it has raised a few questions. ...
        24-07-2021, 07:54 AM
      • Reply to Very difficult tenant issues
        by Neelix
        Do you not have a managing agent?
        24-07-2021, 13:56 PM
      • Very difficult tenant issues
        by Helvie
        I'm going to keep this short as its a long story. I have a tenant who signed the new tenancy contract on 15th June and then on 27th June I received about 20-25 messages and pictures the evening saying the flat was unliveable due to pests and that he had only moved in the night before. I went round to...
        24-07-2021, 12:46 PM
      • Reply to Stock Market - Yes or No ?
        by landlord-man
        Yes, they have a demo account where you can play with £75,000 ($100,000)

        I did put $10k into one copy on April 4th and its now on a profit of $4,915, so nearly 50% in just under 4 months.

        I guess as Im only playing, I should "invest" all the funds and see how they...
        24-07-2021, 13:28 PM
      • Stock Market - Yes or No ?
        by landlord-man
        I will post here but it may get moved - but at least it gets a bit of exposure to begin with lol

        I've used a platform called etoro for 2 or 3 years to hold shares in some cruise stocks (don't laugh) - mainly because we do 4 or 5 cruises a year and the shareholder benefits can be quite handy....
        24-07-2021, 09:50 AM
      • Reply to Very difficult tenant issues
        by landlord-man
        Has he paid the rent on June 15th and then again on July 15th?

        Sounds obvious but have you double checked you have done all the correct paperwork and deposit registration/certificate - triple check it !!

        Personally, going forward I would not liaise with the tenant in any way...
        24-07-2021, 13:19 PM
      • Reply to Changing Lease Clause to Permit Letting
        by Hudson01
        Even if you were my opinion would stay the same, i think that given it is a converted house the noise isolation and other issues are not the same as separate purpose built flats, so having one as a rental will have far more of an impact upon the other owners who live there. It really is a one way street...
        24-07-2021, 13:12 PM
      • Changing Lease Clause to Permit Letting
        by witsend55
        Not sure if this is the best section to post in, so please move if it is considered best place elsewhere.

        I have had ownership of a flat, one of just four in a converted house, for many years. There is a simple flat management structure; the four owners are directors and have one share...
        24-07-2021, 11:53 AM
      • Reply to No Fault Eviction
        by jpucng62
        This is not my understanding - perhaps others can clarify. I thought you had to give your usual notice if you were leaving before the end of the LLs notice period....
        24-07-2021, 13:09 PM