Tenant management
Tenant management is usually defined as the work involved from the
moment a tenant is found until the time that tenants moves out of the
property. It includes all the admin and paperwork associated with setting
up the tenancy and then all the day to day issues within the tenancy
such as maintenance and what Buy2LetExpert offers.
Numerous estate agents offer both this management function and doubtless
many will provide an excellent service. By exploring this section it
should be possible to understand what to look for in a competent
management agent.
Buy2LetExpert has managed its own properties for many years. The
management process is quite easy IF the property has been
prepared and marketed properly but can be very tricky if it has not. For
this reason Buy2LetExpert will generally only manage a property if it
has been involved in preparing that property and finding its quality
tenants. The important point to convey is that the management must form
only part of what Buy2LetExpert offers. If seen in isolation, income
streams will be put at risk and investment returns compromised. Estate
agents (often through no fault of their own) are forced to manage badly
prepared properties as they are 'managing' the tenants and tenancy
contract in isolation.
next >>> |
Maximisation of rental potential for
the minimal investment |