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Do You Need to Download a Landlord Inventory On-Line Today?
Do you need to download a Landlord Inventory on-line now? Why is it so important to have a Landlord Inventory? Firstly, if you are a landlord, you need to be prepared. As much as we all like to think we can trust everyone, it is very important that buy to let landlords protect their investment property as thoroughly as possible. Having a landlord inventory in place will protect you against unnecessary costs and ensure that you are maximizing your profit at all times. For example; if your teaspoons kept going missing and the curtains kept leaving the poles when the tenants vacated, this could start to add up. Imagine if you had freshly decorated the buy to let property in a very neutral magnolia colour throughout to discover that your tenants had become creative one day and turned their hand to a bit of decorating to brighten the place up! Not only will this cost you in paint, but could potentially lose you income on rent whilst you are having to leave the investment property empty whilst it is being redecorated. And most importantly how can you prove that the property was that colour or condition in the first place? You could take some digital photographs but it is a lot simpler to purchase a Comprehensive Landlord Inventory. Don't try and manage with a basic landlord inventory because this could have an effect on your profit and loss. Purchase a comprehensive landlord inventory which covers every eventuality. Get this done as soon as possible. You can download a Comprehensive Landlord inventory on-line now and make sure your buy to let is property protected. ? Purchase a comprehensive Landlord Inventory which includes everything including the colour, condition of walls, ceilings, doors, joinery, windows,fixtures & fittings etc and get it signed so you can prove damages when the tenant vacates. The more detail the better, even include the colour of light switches and door handles and what they are made of. Imagine if you had got luxury contemporary fittings to discover that your tenant had replaced them with basic white plastic fittings instead. Include comments like "carpets have just been professionally cleaned" or "walls are freshly painted" . These will also help to prevent disputes when the tenant is vacating the buy to let property. ? Ensure that you arrange a leaving inspection and make sure the tenant is present - get them to sign to agree to any damages and/or required repairs. ? Complete utilities meter checks and ensure the incoming/vacating tenant signs to confirm meter readings. ? Inform the utilities companies and local authorities in writing of incoming/outgoing tenants and any applicable meter readings Learn more about buy to let and how you can start your buy to let property portfolio. Jennifer Tweed is the founder of buytolet4sale.com, one of the UK's first property portals dedicated to all types of investment property for sale and everything you should need for your sale and purchase. Learn more about buy to let
MORE RESOURCES: Chicago Voters Face Choice on Tax to Fund Homeless Programs The New York Times Bring Chicago Home: What voters need to know referendum Chicago Tribune Commercial Real Estate's Systemic Threat: Separating Fact From Fiction Commercial Observer Kairoi Residential envisions major mixed-use hub on 115 acres in East Austin - Austin Business Journal Austin Business Journal Once America's Hottest Housing Market, Austin Is Running in Reverse The Wall Street Journal Five Ways Buying and Selling a House Could Change The New York Times Va. real estate industry weighs in on $418M Realtors settlement Virginia Business Magazine Real estate commission change shakes industry's foundation University of Miami: News@theU Local real estate agents face uncertain future with new negotiation rules WJHL-TV News Channel 11 Investigation underway after 44-year-old real estate investor seen on video firing shots off boat docked at Lakeview ... WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale Once+a+male-dominated+industry%2C+more+women+are+entering+the+commercial+real+estate+field Idaho Business Review The Realtors' Big Defeat The New York Times CrewBaltimore’s mission to accelerate women’s success in real estate Afro American Newspaper The Best Places to Retire in Florida Real Estate New rules on real estate commissions could change the housing market game LehighValleyNews.com Commercial Real Estate Roundup for March 15, 2024 Idaho Business Review Illinois real estate: Home sales in Peoria, Tazewell, Woodford counties Peoria Journal Star A luxury agent on how the NAR settlement will change his business The Washington Post Real Estate Roundup: 240-acre farm near Orlean sells for $1.9M and more Fauquier transactions Fauquier Now Settlement will affect Iowa homebuyers KCCI Des Moines Cities Face Cutbacks as Commercial Real Estate Prices Tumble The New York Times H2 2023 Global Real Estate Report PitchBook News & Analysis Austin real estate: Holt Lunsford plans first area project The Business Journals National Association of Realtors Agrees to Slash Commissions to Settle Lawsuits - The New York Times Is real estate the best investment in 2024? Racine County Eye Changes could be coming to fees related to home buying process Fox 46 Charlotte Realtor group will pay $418M to settle commission lawsuits The Associated Press Bay Area Real Estate Executive Charged with Wire Fraud, Identity Theft in Investment Scam - Hoodline Checking In on Dallas Real Estate The Dallas Express Realtors settlement to lower home sale costs, alter commission structure - The Washington Post The Washington Post REAL ESTATE | Kewaskum Police station moves to temporary location | By Chief Tom Bishop washingtoncountyinsider.com Real Estate Settlement Could Affect Housing Market erienewsnow.com Real estate lawsuit settlement will affect Orlando agents - Orlando Business Journal The Business Journals Major Changes to Real Estate Business erienewsnow.com Real estate lawsuit settlement upends decades-long policies that helped set agent commissions WQAD Moline What the death of the 6% real estate commission means in D-FW The Dallas Morning News Real estate commissions, unassailable for decades, could crumble after landmark settlement The Denver Post China's Real-Estate Market Just Set a Record—but Not a Good One The Wall Street Journal Is the Era of the Celebrity Real Estate Agent Over? Industry Reacts to Settlement That Could Slash Commissions Hollywood Reporter Antitrust ruling rocks real estate: Buyers brace for shift in commission structures Straight Arrow News Realtors Reach Settlement That Will Change How Americans Buy and Sell Homes The Wall Street Journal The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas ... Business Observer Jill Schlesinger: Real Estate Settlement - My Bellingham Now My Bellingham Now - End of 6% real estate commissions could mean lower home prices The Atlanta Journal Constitution Realtor Lawsuit Settlement Will Change the Housing Market Forever Business Insider |
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