How to Find Out True Rental Prices
A developer’s guaranteed rental may look tempting, but what happens at the end of the guarantee period. Will you be able to achieve the same rents then? It might be difficult to do this, especially if you going to have to compete for tenants with hundreds of other landlords all of whom have properties identical to yours.
Here are some good tips to test what rent is achievable before you buy a property.
Try running a test advert for the property you are thinking of buying. If no one calls at the rent you want, there's a message in there somewhere!
Look at local papers to see what other landlords are asking -then take 10% away to get to a rental fugure that will rent a place quickly - with no voids!
Back to site at www.lettingfocus.com
Here are some good tips to test what rent is achievable before you buy a property.
Try running a test advert for the property you are thinking of buying. If no one calls at the rent you want, there's a message in there somewhere!
Look at local papers to see what other landlords are asking -then take 10% away to get to a rental fugure that will rent a place quickly - with no voids!
Back to site at www.lettingfocus.com
This entry was posted by lettingfocus, on
Wednesday, January 03, 2007.
