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The financial markets are shrouded in gloom, but R. Donohue Peebles is still bullish about real estate. Head of the Peebles Corporation, a Coral Gables, Fla.-based real estate investment and development firm with a $4 billion portfolio, he focuses on
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Not having a written agreement with your tenant is not illegal but could create huge problems for you as the landlord when things do go wrong as it sometimes would.
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It is not uncommon for landlords to buy off the shelf tenancy agreements because they want to save some few bucks. Not carefully checking and understanding the clauses in your tenancy agreement can in the long run cost you dearly.
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There are now strict laws governing the taking and handling of security deposits, in order to control the possible abuse. Landlords who don't follow these laws exactly may risk paying as much as triple the amount the tenant has paid as a deposit in damages,,,,,,,,,, and all the tenant has to do is report them.
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There are a lot of Senior overseas executives in ever increasing numbers coming over to the UK as the UK increasingly becomes the financial centre of Europe. They have to live somewhere, but what kind of accommodation are they after? Knowing what these properties look like, in what areas they are located
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Failing to abide by the law because of lack of knowledge is no excuse. The penalty can be severe....
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A court case between a landlord and his tenant has highlighted the importance of getting a formal contract drawn up.
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Some landlords recently found themselves in hot waters with the police when their own personal homes were raided for alleged drug offences including the properties they rented out.
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Age-old traditional techniques and methods of trying to rent out your rental property by oneself or giving your property to 1 or 2 agents, placing adverts in corner shops and in 1 or 2 newspapers seem to be no longer effective.
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There is no denying it, getting involved in the letting business whether it’s your first or fourtieth entails risk, usually lots of it. It takes lots of planning, capital, hard work, perseverance, and a little luck doesn’t hurt either, to launch a new business that hits the mark and becomes a financial success.
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Given the property boom over recent years, a huge number of investors have quickly and successfully grown portfolios by using a very simple investment strategy.