How to attract a good tenant

[SD1]

Well he would say that, wouldn't he. In reality the problem is that tenants' rights don't go nearly far enough.

A bit of both obviously. Tenants can come into a property and never pay a penny in rent. Housing benefit pay them the rent and they keep it.
But a standard tenancy says the landlord can give you two months notice. If the tenant holds out he can stay put for 6 months and either wreck the property or demand the landlord give him a good reference.
On the other hand is two month notice reasonable? I know a couple given 2 months notice after paying rent on a property for 15 years. Made me sick just thinking about it.

 

[SD1]

PS putting all your eggs in one basket...not a good move. Unless you intend on buying more properties then you are doing the equivalent of buying shares in one company....and one considered safe would have been.....a bank.

 

[SD1]

Off topic but they could do the same with all the payday loan companies by giving an advance on the benefit due.

They do, they can borrow up to £600 from the DSS (call it what you want) and repay it out of their dole (call it what you want) at zero interest. Note the £600 was based on what a mate got about 10 years ago.

 

[Over The Hill]

That's cheap
We are £300 just for putting it on the local Property Centre web (where most people look first).
We supplied the pics and will do everything else.

I think I get a good deal with them as I gave them their first job when they opened their Belvoir franchise. I get them to just find the tenant and not get involved in the AST or deposit.

 

[Dan B]

PS putting all your eggs in one basket...not a good move.

So, rent two properties in case one of the landlords is a flake? Could get pricey

 

[SD1]

So, rent two properties in case one of the landlords is a flake? Could get pricey

Read the heading. The OP is asking about renting out properties.