rental property Archives - Rentila - Property management blog for landlords

The ups and downs of keeping a property vacant: Is it worth it?

Summary

Vacant properties tend to be a landlord’s worst nightmare. A tenant moving out unexpectedly leaves most landlords scrambling to find a replacement occupant as quickly as possible – and understandably.

Voids in a rental property are bad news for income and profits. Even with rent guarantee insurance, there’s only so long you’ll be able to reclaim the costs before you have to start reaching into your own pocket.

But is keeping a property vacant all bad? Certainly not. For some landlords, it’s the ideal scenario and offers a range of benefits.

In this article, we’ll explain the ups and downs of keeping a property vacant and whether it’s worth it – both in the short and long term.

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Understanding rent guarantee insurance: Is it worth it for landlords?

Summary

The costs of being a landlord are ever-increasing and it’s tempting to shave a few pounds off the bottom line whenever you can. But is skipping rent guarantee insurance the way to do it? It certainly comes with its risks.

Rent guarantee insurance offers financial protection to landlords in case the worst happens. But how likely is it? Are there cheaper options? And what exactly is the financial protection you get from having insurance?

In this article, we’ll explain what rent guarantee insurance is, what it covers, and the pros and cons of investing to help you decide whether it’s an essential spend for you.

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Viewing a buy-to-let property: Key points to consider before investing

Summary

Every good buy-to-let investment starts with a viewing. When first laying eyes on your potential investment, certain points must be considered to determine if it’s going to be a money maker or a financial black hole.

In this article, we’ll talk through the most important points to consider before investing in a buy-to-let property. We’ll share our advice on how to decide during a viewing whether it’s the right property for you.

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How to secure a rental property: guide for landlords

Summary

Did you know that England and Wales experienced 273,076 burglary cases in the year ending September 2023?

As a landlord, you want to protect your property and tenants. But how do you secure a rental from threats like burglary, fire, water damage, and unruly residents?

Don’t sweat it; we’ve got your back. Join us in this read, where we explain how to secure a rental property. We’ll walk through essential tips to safeguard your BTL property so you can sleep easy at night, knowing your rental is protected.

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Transforming an Inherited Home Into a Buy-to-Let Goldmine

Summary

Inheriting a house from a relative is one thing; knowing what to do with it is another. It’s understandable if you’re confused about the latter — perhaps the location isn’t ideal for you to live in yourself, or the property needs extensive renovations you can’t afford right now.
Rather than selling the house and missing out on future opportunities, have you considered turning it into a buy-to-let investment property?

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Summary

This buy-to-let guide will explain everything there is to know about this investment type, including what it is, the benefits, and how to get started. If you’re considering joining the many buy-to-let investors in property, you must get a good grasp of what you’re signing up for.

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Which Is More Profitable for Landlords: Short or Long Term Renting?

Summary

Investing in property can be financially rewarding. However, it can have its ups and downs, with many decisions to make. Once invested, landlords face the dilemma of whether to rent short-term or long-term. While long-term rentals are in high demand, short-term rentals can be immensely lucrative. To help make that choice, we will discuss which is more profitable for landlords, short or long-term renting.

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10 Steps to Finding your Ideal Rental Property

Summary

It’s all very well deciding you would like to become a landlord. But clearly, finding the right properties that tenants want to rent from you and you can make a profit from— is key to your success. This guide will give you 10 top tips to make finding your ideal rental property a lot less daunting.

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