Welcome back to Tuesday’s Tip’s, a prevention rather than cure guide for Landlords wanting to achieve a hassle free tenancy.
When pricing your property:-
Tip 6 – Look in a 1/4 mile radius to find similar comparable properties
Tip 7 – Only pay attention to the pricing of properties which have been Let Agreed
Tip 8 – Try to find out how much the property actually achieved rather than assuming it got the full asking price.
Tip 9 – Note the length of time the properties took to rent.
Tip 10 – Price your property keenly. There’s no point in trying to achieve an extra £25 per month if its going to take you an extra month to achieve it.
It’ll take you a long time to re-coup one months’ lost rent.
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