Hi, hoping you good people may be able to give me some advice 🙂
i have a rental property that I am now looking to sell. I am interested in selling to my tenants and have been looking at my contract with my letting agents to see if there are any consequences of this.
There’s...
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26-01-2022, 16:27 PM
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Reply to Inherited a few rentalsWith regards to keep or sell. Those 4 properties are not just assets, but you need to see them as say children, which need looking after. You can't switch off because you are busy. It is 24/7 responsibility, as you are responsible for the property and the health and safety of the people living. If...26-01-2022, 14:23 PM
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Hoping for some advice on this situation from people who may have been through similar...
I am inheriting 4 rental properties from my late father. Are there any tips or ideas people would share about this situation?
My situation is I am early 30s in full time employment, live...25-01-2022, 15:02 PM -
Reply to Inherited a few rentalsAlmost anything beats working for a living.
Running a portfolio is just as demanding and stressful. If someone worked in an office, it is a 9 to 5 job. Their taxes are paid by their employer.
Running a portfolio of properties, can be demanding. Even with agents in place....26-01-2022, 13:46 PM -
Reply to Inherited a few rentalsAlmost anything beats working for a living.
Becoming a landlord because you've inherited some property makes about as much sense as inheriting several cars and setting up a taxi business.26-01-2022, 13:19 PM -
Reply to Inherited a few rentalsWell, unless one was a masocist. Been retired 14 years now, those memories of work fading also....26-01-2022, 12:53 PM
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Hi all. So im going through the process of renting a house. Arranged a viewing with the landlord, said i would like to rent and go to next step. LL said letting agent would be in touch i was told to fill in a APPLICATION which was just very basic info. Personal details landlord ref and work info etc....25-01-2022, 18:16 PM
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Reply to Inherited a few rentalsYes, perhaps my implication that landlording was "joyful" was a bit of a stretch. Joyful was not the best choice of word to use to describe being a landlord. IMO it's more often than not still better than doing a 'proper' job though
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26-01-2022, 12:04 PM