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  • December

    18

    2018
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Essential steps for being a successful B2L investor

Essential steps for being a successful B2L investor

8 simple steps to ensure that you make each investment as lucrative as the last:

  1. Get your market right – is there a demand? And who is the rental market?
  2. Stand out – with so much competition, dress your rooms/ properties and take multiple pictures. Perhaps use a professional photographer
  3. First come first serve – Get your property to the top of the major sites to get in front of more potential tenants
  4. Due diligence – You have found the perfect tenant make sure that you have carried out all the correct referencing checks
  5. Contracts – Ensure that you have a fair and solid contract or choose a letting agent with a good contract and add any clauses that you feel necessary
  6. Protect your investment – Unfortunately not everyone pay rent, so taking renters insurance may want to be a consideration?
  7. Environmentally friendly – EPC are up to code?
  8. Be safe – Ensure that the tenants have been given all the correct material e.g. gas safety certs & how to rent booklet
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