Question for landlords

[Brains]

Two grand to change tenants! Good grief. Doesn't cost me anything like that much (assuming only a few days empty).

I use an agent to advertise, find and screen potential tenants, then sorting out the financials and legals.
An agents will typically change about 12% as a fee for the work.
On top of that I get an industrial clean done of the property and often redecoration and re-carpeting.
Plus the void periods and so on
So it's a minimum of a grand a time, and often a lot more

 

[theclaud]

I use an agent to advertise, find and screen potential tenants, then sorting out the financials and legals.
An agents will typically change about 12% as a fee for the work.
On top of that I get an industrial clean done of the property and often redecoration and re-carpeting.
Plus the void periods and so on
So it's a minimum of a grand a time, and often a lot more

So the "minimum" has halved within two posts?

 

[Brains]

So the "minimum" has halved within two posts?

OK, reality is a couple of grand each time, on a good day its less, on a bad day it's more, a lot more.
White goods have a short life in rented properties, and even bathrooms and kitchens need replacing about once per decade

 

[PaulSecteur]

Many thanks for your views and opinions.

Just to clarify, Im not a dodgey dope-monger up to no good. I was just looking at possible ways of bringing the renatal cost down - seems this isn't it.

 

[Brains]

Many thanks for your views and opinions.

Just to clarify, Im not a dodgey dope-monger up to no good. I was just looking at possible ways of bringing the renatal cost down - seems this isn't it.

I think the only way to get a cheap rent and still live somewhere decent in London is to take over a large house yourself and the sub let the bedrooms, its a load of hassle as you are the banker, the rent collector and the bill payer. but it means you get the best room, you make up the house rules, you choose your flatmates, and you decide on the rent to change.

 

[Arch]

I think the only way to get a cheap rent and still live somewhere decent in London is to take over a large house yourself and the sub let the bedrooms, its a load of hassle as you are the banker, the rent collector and the bill payer. but it means you get the best room, you make up the house rules(which get ignored), you choose your flatmates (who can then turn into pains in the arse), and you decide on the rent to change (assuming they pay it promptly etc).

I've shared houses as a student, and I'll be happy not to do it again. Even with nice people who were friends and basically good people, I stressed over the cleaning and putting the bins out, and all the rest of it,

 

[Brains]

I've shared houses as a student, and I'll be happy not to do it again. Even with nice people who were friends and basically good people, I stressed over the cleaning and putting the bins out, and all the rest of it,

Having been the 'house boss' for seven years in my youth, I'm aware of the hassle, so you may get a cheaper rent that way, but its not without its risks and you will work for the privilidge