Buying And Renting Your First Rental Property


Areas to consider when you start out with your first rental property, and your role as a landlord. (Please note this deals with landlords in the United Kingdom…… different requirements will apply in different countries)

Once you have decided that the finances can be put together to allow you to buy a rental property, and you embark upon your project to build a rental portfolio, you have to realise that your role as a landlord gives you an inordinate number of plates to keep spinning together!

Don’t get me wrong, being a landlord is exciting and fulfilling, and with the right advice, it can be very profitable!

With your first rental property (as part of your future rental portfolio!), you will be able to lease it out for financial gain. However, you will now be responsible for a number of legal and safety requirements.

Your responsibilities:

Quite naturally, you realise that the building you have bought must be maintained by you.

In addition to the above, you are now responsible for anyone who rents your rental property.

Unfortunately, you may find that occasionally you may have to deal with tenants who are troublesome and tenants who cause damage in the property.

Legal and Safety Issues

If you are a landlord, then not only do you need to keep your property in good condition, but there are a number of legal safety and maintenance issues that you must adhere to. If you don’t fulfil these duties, you will be potentially liable for any accidents that occur to your tenants whilst they are in the property.

It is obvious that a well maintained rental property will be better equipped to attract tenants and keep your property rental income returns at a healthy level.

In order to help you keep your tenants happy and safe in your rental property, and also keeping you safe from any legal problems I have noted below regulatory requirements you really must attend to:

Repair : Under the” Landlord and Tenant Act 1985″ it is your responsibility to ensure the property being rented is looked after, and kept well maintained inside and outside

Furnishings: The regulation titled “The Furniture and Furnishings (Fire Safety Amendment) Regulations 1993” is important to understand.

Faulty or unsafe furniture and fittings could result in a tenant being seriously injured or even killed. It is imperative that you check your furnishings are both fire resistant and comply with the latest regulations.

Gas safety : Under the latest regulations ” The Gas Safety (Installation and Use) Regulations 1998 ” it is your responsibility to ensure all gas appliances in the property are fully maintained and are covered by an annual Gas Safety Certificate which is implemented by a fully qualified Gas Engineer.

Electrical safety: the regulation “The Electrical Equipment (Safety) Regulations 1994 “insists that all wiring, fuses and electrical equipment are working properly and not a danger to your tenants. An annual Electrical Safety Certificate, carried out by a suitably qualified Electrical Engineer will help ensure your electrical equipment is up to the standards required.

Smoke Alarms: Under “The Building Regulations 1991 – Smoke Alarms” you will find an important piece of legislation. If your property was built after 1992, smoke detectors and alarms that are mains operated must be fitted in the property. This does not mean that you should not fit smoke alarms in older properties. To ensure your tenants safety and your peace of mind, it is a requirement that, at the very least, smoke alarms (battery operated) are fitted in the “danger “areas throughout your rental property.

Energy Performance Certificates (EPCs) : it is now a legal requirement to have an EPC carried out by a qualified person (normally a surveyor) and have the EPC displayed in your property.

Now you have carried out all the above required works, you definately can say that your rental property is ready to be rented out.!

 

If you do nothing else.. read below for your own sake!

It is quite obvious that should you not adhere to the legal requirements outlined above, you will be deemed to be an irresponsible landlord, and, heaven forbid, should an incident occur as a result of your negligence, the words ” not have a leg to stand on” will have real meaning when you find yourself in Court facing the prospect of heavy fines and possible time in HM’s rental property!

The costs to comply are not as expensive as you would think, and the resulting “peace of mind” factor makes the costs involved in making your rental property safe and legal … a case of money well spent!

If you feel that you will not have sufficient time to properly look after your rental property and your tenants, it is quite in order to find a rental agent who has experience in all aspects of property rental.

Although a rental agent will charge a fee, if the rental agent is good, you will end up with a safe and secure property, coupled with tenants in your rental property, providing you with the rental income that you seek.

Give yourself a head start when looking for information and advice when it comes to creating an increasing rental property income when you start to build a rental portfolio. Visit this website http://www.buildarentalportfolio.com for free in depth rental property information and outstanding real estate tips and ideas for expanding your rental property portfolio.

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E-Learning: Online Course Creation : Teaching As Your Online Business Learning Tools, Entrepreneur Strategies

E-Learning: Online Course Creation : Teaching As Your Online Business Learning Tools, Entrepreneur Strategies

eLEARNING: ONLINE COURSE CREATION (w/ bonus content): Teaching as your ONLINE BUSINESS & Startup! Teach Online, Use Powerful Communication & Learning tools, … startup, entrepreneur, leadership)

eLEARNING: ONLINE COURSE CREATION (w/ bonus content): Teaching as your ONLINE BUSINESS & Startup! Teach Online, Use Powerful Communication & Learning tools, ... startup, entrepreneur, leadership)

THE WORLD OF E-LEARNING,

MADE AS EASY AS 123!

BONUS CONTENT INCLUDED:

(find most of them throughout the book!)

Learning and the online technology are two things that are constantly infused into our everyday technology.

The world has been made a better place by making the two come together through E-LEARNING.

The recent development is advantageous not just to eager e-students but also to aspiring e-course developers.

Whether you want people to make the most out of their e-learning or you want to know how to make a profitable business venture, this insightful primer is for you!

Make an E-Course that is Straight-A-Student Worthy!

Help E-students get the best out of their online learning experience and make money while doing it. Know what makes a basic E-learning lesson. Learn the basics of course designing and create one of your target audience’s needs, knowing which content is relevant and accurate.

Present your Lessons like a PRO!

Just like every learning experience, one medium is not enough. Learn how to use visual and audio-communication technology to your advantage. Find out how to make your courses interactive and exciting. Get enthusiastic E-learners enrolling!

The ABCs and 123s of E-LEARNING:

    • Learn what makes E-learning tick

 

  • The dos and don’ts of E-learning

 

 

  • Know what makes the perfect course design

 

 

  • Draft your lessons promise

 

 

  • Use the right presentational style

 

 

  • Create an effective content

 

 

  • Make the course interactive

 

 

  • Incorporate games, case studies, and other media
  • Much, much more!

 

Download your copy today!

Available on PC, Mac, smart phone, tablet or Kindle device.

© 2014 All Rights Reserved

Tags: Make Money Online, online marketing, internet marketing, ecommerce, online business, startup, entrepreneur, leadership, web development, web design, app development, app design,

Price:

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E-Learning: Online Course Creation : Teaching As Your Online Business Learning Tools, Entrepreneur Strategies

Real Estate Investors & Agents – What Do You Say To Motivated Sellers?

Real Estate Investors & Agents – What Do You Say To Motivated Sellers?

 

If you want to convince sellers to dump their property for pennies on the dollar…
Download the ‘motivated seller’ script here 
This word-for-word script will help you close more motivated sellers because…
… it’s a proven template that’s easy to follow even if you’re brand new to REI.
Plus, it’s perfect to hand off to a va if you don’t want to talk to sellers yourself.

 

  • Word for word scripts to close Motivated Sellers
  • Perfect for VA’s
  • Proven Template
  • Great for Inbound Direct Mail & PPC Leads
Close More Deals…
Negotiate Bigger Profit Spreads…
and Make More Money!

Matt Andrews

CEO, Real Estate Freedom
Real Estate Investors – What Do You Say To Motivated Sellers?
e836b0082bfc083ecd0b470de7444e90fe76e6d31db112439cf9c8_640_Real-Estate

“How to Generate Real Estate Leads Online” Fast!

 

http://theollingroup.ca
“How to Generate Real Estate Leads Online” Fast!

Keli Carpenter helps entrepreneurs transform and succeed as a real estate agent using successful marketing strategies.
She specializes in how to generate leads in real estate, how to marketing your Real Estate business using Social Media and Powerful Marketing Strategies.

Connect with Keli here:
FACEBOOK:
https://www.facebook.com/ollingroup
TWITTER:
https://twitter.com/kelicarpenter
GOOGLE+
https://plus.google.com/+TheOllinGrou…

MORE RESOURCES:
How to Attract and Make the Most of Online Real Estate Leads
https://placester.com/real-estate-mar…
Jun 13, 2014 – Enhance your online real estate lead generation and management … Even better: Content marketing generates three times as many leads per …

Interview with a master real estate lead generator Mike …
http://www.followupboss.com/interview……
Interview With a Master Real Estate Lead Generator Mike Pannell ….. Most people, that’s all they do is they get a website and it’s an online business card. It’s two …

All You Can Eat Leads: 10 Ways to Generate More … – Thesis
http://diythemes.com/thesis/10-ways-g…
Below are 10 ways to generate MORE leads without spending a bundle. … Leverage Your Real Estate and Don’t Be Lazy … wrote an in-depth ebook that taught people how to use nonverbal communication online to get leads and subscribers.

How To Generate Real Estate Leads Online | Internet Lead …
http://moving-careers.com/how-to-gene……
Feb 8, 2013 – KW Real Estate Agent Career Audio Training: KW Agent Mountain – Gary Keller Mega Agent Audio Interview: Internet Lead Generation For…

Does It Pay to Buy Online Leads? | Realtor Magazine
http://realtormag.realtor.org › For Brokers › Feature
I generate hundreds of leads each month for my seven sales associates from my company’s 12 Web sites. My primary focus is my main site, www.regentpg.com.

Generate Real Estate Leads: 53 Ways To Dominate
http://www.easyagentpro.com/blog/gene…
Nov 21, 2014 – Wondering how to generate real estate leads quickly? … The first step to any sort of online Lead Generation in Real Estate is having a blog or …

The Facebook Funnel – The Real Estate Lead Generation
http://leadsandleverage.com/the-faceb……
This post is a first in a series on Facebook lead generation for real estate agents. … Christina is an Online Real Estate Lead Generating Guru, everything she …

Real estate lead generation solutions | Market Leader
http://www.marketleader.com/more-real…
That’s why it’s crucial for agents and brokers to have a winning online lead generation strategy—starting … one-stop solution—your most valuable resource for real estate lead generation. … Learn more about lead-generating websites we offer.

How To Make Money Online Generating Leads For Local Real
http://dukeo.com › Make Money Online
Any Real Estate agent will tell you that his number one concern is generating leads. He can be the best salesman in the world and have a list of prime prop.

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What Is Mobile Search Marketing-Real Estate Success In The Future

 

What Is Mobile Search Marketing

We can all agree that our customers begin their search experience online. The challenge is coming up with a plan to engage consumers while they browse, long before they need a person to help them.

“If you don’t know where you are going you’ll end up someplace else.”Yogi Berra CLICK TO TWEET

Like many entrepreneurs, agents and brokers wear multiple hats and are responsible for everything from direct sales and nurturing customer relationships to lead generation, online marketing and day-to-day administration. It’s no wonder that creating an online marketing plan is low on the to-do list. Only 52 percent of business-to-consumer (B2C) businesses even have a marketing strategy and, based upon the thousands of agents and brokers we’ve worked with at Placester, I imagine that number is much lower for real estate professionals.

“Always, always have a plan” –Rick Riordan CLICK TO TWEET

But, it’s never too late to start planning. In fact, it’s highly unlikely that your business dreams will become a reality without some serious thought as to what you would like to accomplish and how you’re going to get there. That’s why we created this helpful guide.

From creating the right website experience to developing a content marketingstrategy that your customers will love, this infographic is a shortcut to help you plan your online marketing……read more

What Is Mobile Search Marketing via (http://www.inman.com/)