You'll know from our previous blog that my boyfriend and I are looking at expanding our rental property portfolio. Well further on from that we have managed to get our hands on two lovely 3 bed detached homes in an a well sought after area that is just 5 minutes walk from a main line train station and in the catchment area of a realy good school. We are going to aim our property at professional people with a family.
Why? so we can try to get tenants in our buy to let investment that are not only working but that are likely to stay put for some time.
We will be marketing the buy to let properties from the 3rd week in October which means that we will need an energy performance certificate (EPC) in place as per the government legislation which you can read all about on LetSafe's website which caters for landlords and letting agents.
here is the link for ease:
http://www.letsafe.net/default.asp?contentID=725
or click here:
EPC Energy Performance Certificates
We will of course be returning to LetSafe for our rent guarantee, tenant checks and tenant referencing as well as our landlord insurance. This time round we will also be taking out landlord emergency cover on all the properties to make sure that our tenants wont have to call us at god awfull o'clock to sort out any problems with the rental property that we have bought to let.
Once we have got the rent guarantee, landlord emergency cover, tenant checks and tenant referencing in place as well as ensuring that our tenants are aware that they will need tenants insurance then we will be happy enough to look at getting perhaps another two or three properties on board and do the same again.
Dont worry I will keep you updated here and share the trials and tribulations we face so other landlords can learn from my experiences.
If you do get stuck visit www.letsafe.net for some good free landlord advice and some great ideas on how to manage your buy to let portfolio.
