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Everything potential landlords need to know about the UK rental market Renting Out Your Property For Dummies is the essential roadmap to successful property letting. This easy-to-read guide walks readers through every step of renting out their property - showing how to avoid legal problems, find and keep the best tenants, maintain the property and maximise their rental income. As well as lots of helpful advice, it contains a wealth of sample forms and standard letters that can be used when dealing with their own tenants. Crucially, it is fully up to date on all the latest legislation including…mehr
Everything potential landlords need to know about the UK rental market Renting Out Your Property For Dummies is the essential roadmap to successful property letting. This easy-to-read guide walks readers through every step of renting out their property - showing how to avoid legal problems, find and keep the best tenants, maintain the property and maximise their rental income. As well as lots of helpful advice, it contains a wealth of sample forms and standard letters that can be used when dealing with their own tenants. Crucially, it is fully up to date on all the latest legislation including the Tenancy Deposit Scheme and Energy Performance Certificates (EPCs). Renting Out Your Property For Dummies covers: * How to prepare a rental property for prospective tenants * Tackling rent, deposits and tenancy agreements * Deciding whether to manage the property yourself or to hire an agent * Essential information on financial management and record-keeping
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Melanie Bien has written about property for national newspapers and magazines and spent five years as Personal Finance Editor at the Independent on Sunday. She is the author of Renting Out Your Property For Dummies, Buying a Home on a Budget For Dummies and Sorting Out Your Finances For Dummies. Robert Griswold lectures at the Institute for Real Estate Management.
Inhaltsangabe
Introduction 1
Part I: So You Want to Be a Landlord? 7
Chapter 1: Do You Have What It Takes to Manage a Buy-to-LetProperty? 9
Chapter 2: Deciding Whether to Manage Your Property Yourself orto Hire an Agent 15
Chapter 3: Becoming an Accidental Landlord 27
Part II: Renting Your Property 35
Chapter 4: Finding the Perfect Rental Property 37
Chapter 5: Preparing Your Rental Property for ProspectiveTenants 45
Chapter 6: Rent, Deposits and Tenancy Agreements: The Big Threeof Property Management 61
Chapter 7: Generating Interest in Your Rental Property 73
Chapter 8: Handling Prospective Tenants and Showing the Property95
Chapter 9: Eenie, Meenie, Miney, Mo: Selecting Your Tenants127
Part III: The Brass Tacks of Managing Rentals 147
Chapter 10: Moving in the Tenant 149
Chapter 11: Collecting and Increasing Rent 167
Chapter 12: Keeping Good Tenants - and Your Sanity 181
Chapter 13: Dealing with Problem Tenants 187
Chapter 14: Moving Out Tenants 199
Part IV: Techniques and Tools for Managing 209
Chapter 15: Maintenance 211
Chapter 16: Safety, Security and Insurance 221
Part V: Money, Money, Money! 237
Chapter 17: Raising the Cash to Buy Your Rental Property 239
Chapter 18: Avoiding Property Taxes 251
Chapter 19: Using a Company To Hold Your Property 261
Chapter 20: Financial Management and Recordkeeping 267
Part VI: Only for the Daring 275
Chapter 21: Government Programmes 277
Chapter 22: Working in Niche Markets: Students, Pets, HMOs andSmokers 283
Part VII: The Part of Tens 291
Chapter 23: Ten Reasons to Become a Rental Property Owner293
Chapter 24: Ten Ways to Get and Keep Full Occupancy in YourProperty 297
Chapter 25: Ten Ways to Increase Cash Flow 303
Part VIII: Appendices 309
Appendix A: Resources 311
Appendix B: Forms, Templates and Standard Letters 315