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The mkiv Supra Owners Club

I'm a Landlord - advice needed, please.


NOS

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I have rented 8 different properties in the last 11 years. Whilst not spotless during my tenancy the day of moving out I have left the properties as good or better than the state I have found it, including my current one. Although the living room contains 3 sets of racking (an unfortunate consequence of not having a basement or garage and being an electrician - need storage for materials!) I have free of charge re-tiled the shower cubicle and cleaned and re-sealed it as it was not done when I moved in (I know it is the landlords responsibilty but tbh it would have been less hassle and time to do it myself).

 

The quality of tenant depends upon the quality of the selection process and more importantly the deposit! 2- 3 months in advance will insure a decent state of the property upon tenants leave. Also no pets, people on benefits and young students. Young professionals may be ok as they might have learnt how to operate the vacuum cleaner!

 

I hope all the carpets and furniture are of a dark colour - no whites! It may be practical to invest in some throws or furniture covers of some sort as they are easily machine washable.

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My friends have 5 student let properties, and they do a video walk round before anyone moves in so they have evidence of the condition of the property so if the student do damage anything they can't get away with it.

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Guest amy-v17
If she was brought up properly she wouldnt be exposing her milk-wagons on her avatar :p

 

Im not exposing anything, although ironically my mum did buy me that dress.

I like to think Iv been brought up properly with respect which most people my age seem to lack these days

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Im not exposing anything, although ironically my mum did buy me that dress.

I like to think Iv been brought up properly with respect which most people my age seem to lack these days

 

Good to hear. :) When I looking for a place, there were so many student homes that were just disgusting.

Although I never went to uni, when I rented a place with people who were in uni, we kept the place in tip top condition. And I guess it is down to how you were bought up a lot of the time (or you have OCD).

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My friends have 5 student let properties, and they do a video walk round before anyone moves in so they have evidence of the condition of the property so if the student do damage anything they can't get away with it.

 

Students pay more than any other rental in my area. Double what i could get renting normaly.

 

I expect damage goes with the job im afriad.

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this is my job.

 

and if you can think of the worse that can happen it probably will!

 

if it all goes sour you cant just kick them out... believe me it would make life alot easier if you could!

 

I dont know about the uk but a bond over here is 4weeks rent if unfurnished plus 2 weeks advance or 6weeks rent if furnished with 2 weeks advance.

Owners and agents are allowed a maximum of 4 visits/inspections per year outside of emergency repairs etc.

 

I have found that if you treat tenants right they will treat your house right. Show them that you follow the law and respect their rights and you "shouldnt" have any problems. The key is vetting them thoroughly before hand. If they do turn out to be good, provide them with a well maintained property and they will keep it well. If they turn out to be bad, show them that you wont be messed around and use all available channels at your disposal to show you mean business!

 

Get everything in writing to cover your own arse and photograph the entire house before they move in. Do an ingoing condition report and give them a copy to sign and return to you marking any points they do/dont agree with. This gives everyone a clear starting line and makes it easier to prove that the condition of the property if anything happens.

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I have a stake in a place that is rented and we use a local firm to handle everything.

 

They take 10% each month and deal with getting people in / out, contracts, checking the property periodically and handling all communications with the tenant. We don't do anything and it covers us too.

 

My advice is do that, as 10% is not much to relieve all the hassle of being a landlord :)

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I have a stake in a place that is rented and we use a local firm to handle everything.

 

They take 10% each month and deal with getting people in / out, contracts, checking the property periodically and handling all communications with the tenant. We don't do anything and it covers us too.

 

My advice is do that, as 10% is not much to relieve all the hassle of being a landlord :)

 

10% :blink:

 

we charge 7%.... 6 if we like you! :D

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In the last year i have been in 2 rented properties.

 

The 1st was an apartment that was filthy when i moved in so naturally when i moved out i didnt bother to clean the carpets or leave it in good condition.

 

The one i am in now was in very good condition and so far i have kept it that way, i even have a dog and make sure she doent damage the house or garden in anyway.

 

I think if you rent the house out in good condition you will get it back in good condition (alright not perfect)

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