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Bookkeeping Blog

10 Tips for Buying to Let

Wednesday, March 17th, 2010

Buying to let is a great way of investing in traditional bricks and mortar assets. Once you own a property you can then allow tenants to rent the entire space or just individual rooms within the property. Buying to let makes for a safe investment that gives you a great return for years to come.
In this article we’ll look at the top 10 tips for buying to let. A guide aimed at helping you get the most out of a bricks and mortar investment with the least amount of risk possible. (more…)

2 million new tenants in the rental market?

Sunday, February 21st, 2010

A survey released today by unbiased.co.uk found that as many as 2 million homeowners may sell their homes in 2010 and rent instead, as one in eight people say that they ‘no longer aspire to home ownership’. (more…)

7 Ways Property Management Software Can Benefit Landlords

Thursday, November 26th, 2009

Property rental is one of the best ways to make a short term income from your long term investment. And the more properties you own, the more demands on your time you’ll have. That’s where property management software can release you from this burden. Read on to find out why we believe that property management software can really benefit landlords: (more…)

My tenant has stopped paying rent – what can I do?

Saturday, November 21st, 2009

One of the downsides to being a property landlord is that occasionally a tenant skips their rent, and it leaves you not quite knowing what to do.

So you ask your friends, and maybe in a few forums, and what answers do you get?

* Change the locks – it’s your property!
* Camp outside the property until they pay!
* Spend their deposit!
* Kick them out!
* Take them to court!

Pretty emotional answers to what amounts to a very emotional situation – after all, this is your house they’re living in and your money that’s not gone into your bank account!

But where do you stand legally? If your tenant hasn’t paid their rent, what can you as a property landlord do? (more…)