Making the decision to be a landlord is an exciting investment of time and money, especially as housing markets shift and the search for property magnifies. But in recent years, the ever-fluctuating markets have caused landlords to propose a variety of discounts, or gimmicks, to renters in order to secure clients. In New York City, for example, rents have stagnated in many areas like Brooklyn, where rents...
Rent
In the world of landlording, having tenants may seem like a catch-22: you can’t live with them but you can’t live without them. But that’s only true if you have bad tenants, not good ones. Therefore, the number one thing to do about bad tenants is to avoid them from the get go. That may seem harsh, but after all, you're not in the property management business to run a charity or to offer...
The delay of implementation of HMRC’s Making Tax Digital system, TheHouseShop.com decided to investigate how much time and money this plan will cost landlords when they will be affected in 2020. Most landlords, self-employed people and small businesses are already being made aware of Making Tax Digital changes to how they pay their Income Tax. In 2018 businesses, including landlords, with an annual...
Nobody said becoming a landlord would be easy; however, many newbies totally underestimate how a “what-if” situation could sink your otherwise profitable property. Chances are you've already done your homework or perhaps are already scouting potential locations to play the role of landlord. Maybe you've already pursued your LLC for rental property to keep yourself covered from a legal...
If you have started to venture into the home rental business, you've probably already asked yourself if you should hire a property manager. You probably also know the financial rewards that come with managing a rental. Yet, rentals take a lot of time and effort. You can do it yourself, but this often isn't practical--especially if you are interested in expanding. This is where the right property...
The Sunny Malta is located south of Europe in the Mediterranean Sea. It is a country that enjoys the sunshine all year round with mild winter seasons. Malta is considered as the best country in the EU due to its affordability in cost of living for locals and expats, such as housing and medical. Apart from the pleasant climate and relaxing beaches, Malta was voted 2nd in the International Living Quality of...
One year on from our Graduate Hot Spots 2016, TheHouseShop.com have investigated which areas are the best places for graduates to live across the UK and compiled the results in the Graduate Hotspots 2017 report. The top five Graduate Hot Spots 2017 are: Leeds Liverpool Exeter Durham London The two worst areas for graduates to live are: Bath Canterbury To view our handy...
Relocating can be quite a stressful and time-consuming process. There are a vast range of factors to manage and consider. You, first and foremost, need to take care of all bond cleaning duties. If you leave your property a mess, your chances of getting your bond deposit back are extremely slim. Don't make the mistake of neglecting your end of tenancy house cleaning responsibilities. It's important to...
Housing often represents somewhat of a sticky situation for students renting for the first time. After all, those with little to no knowledge of real estate often aren’t aware of the hidden costs involved; likewise, finding the ideal student apartment for rent requires some research for those who still want to get the full “college” experience. The best advice for first-time renters...
If you are thinking about buying a rental property, you already know how incredible this investment can be for your finances. Even if you haven’t actually experienced it yet, you’re interested because you know the power of cash flow, and of a tenant paying for the house you own. Rental properties are one of the best possible investments in 2017 - if not the best. But rental properties...