Real Estate Information Center

Many Landlords think that letting out there 2nd property or investment properties is an easy job however, as most come to realize there are many complications.

The main problems that tend to occur are block management disputes, deposit disputes and disputes over who is responsible for repairs etc.

At AA Property Services, Clifton, Bristol we try to advise landlords with impartial and helpful advice.

The most straight forward, invaluable advice that we will offer is simple and many would think obvious that is for all Landlords to not cut corners and do everything above board. Due to the age that we know live in there are many rules and regulations that have been put into place to protect both Landlord and Tenant.

For Landlords when they buy an investment property it is vital to make sure that you have a reliable management company in place. After this the next step is to make sure all the fixtures and fittings are in good condition.

Continue reading ‘Landlord Tips – How to Successfully Rent Out Your Property’ »

Landlords have to raise the rents on their rental properties sometimes, as their costs (mortgage rates, insurance premiums, property taxes, etc.) go up, and as market rents rise. It can be a tricky and unpleasant conversation to have with your tenants, so here are a few ideas to help make the conversation smoother and more successful.

Tip 1: Timing is Everything

Don’t raise the rent in winter or fall! It’s drastically harder to fill rental properties in the winter, so wait until spring when you’ll be able to find a new tenant to sign a rental agreement much faster.

Tip 2: Advance Notice: More is More!

First of all, most states require you to give tenants written notice 30-90 days in advance of raising rent, which is something you need to research in your state. Additionally, however, having the conversation sooner rather than later gives you a chance to find a new tenant BEFORE the old tenant moves, creating a smooth transition with no costly vacancies.

Continue reading ‘Landlord Tips – How to Raise the Rent on Your Rental Agreement’ »