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Posts Tagged: Rental

Furnished or Unfurnished – Which Is The Best?

As a landlord, whether you decide to rent out your investment property furnished or unfurnished is up to you. Your decision is likely to have a bearing on the sort of tenant who will take up occupancy. So, let’s have a look at some of the pros and cons of both types of arrangement as this may help you in making a decision as to your favoured route. Furnished – positives  You will find that the corporate lettings market is going to prefer to focus on properties that are furnished for their executives. As corporate lets are very lucrative, this may have some bearing on your decision. Students almost invariably prefer to move into a property that is already furnished which, again, is a popular sector. There is no doubt that there will continue to be a ready market for student accommodation. It is usually possible to let out a furnished property quicker as the tenant does not need to wait to sort out a removal firm to move their own furniture from the property they are currently living in to yours. As it is likely to save the tenant having to buy furniture it is particularly appealing. A property…

Letting To Tenants With Pets

It is a fact that there are not as many properties available for rental where landlords allow tenants to keep their pets in the property when compared with those landlords that do make such a concession. Of course, it is well known that there are still many tenants that do bring their pets into a property that they are renting even though they are not supposed to do – it is difficult to police this situation. We can understand the reasoning behind why someone would not wish the likes of dogs and cats to take up occupancy in their investment property. Yes, such pets can cause damage and dirt to the chairs, sofa and bedding in the property. You could find yourself with dog mess to clear up in the back garden when the tenant vacates the property. There may be the need to remove dog odour in the property by opening the windows for an extended period of time and getting the air freshener and fabric cleaner out. However, you may be missing an opportunity here. There are many people looking for rental accommodation that do have pets and they are no doubt quite prepared to pay more in…

The Pros And Cons Of Renting To Families

When it comes to renting out a property one of the things that you need to decide is which sector of the rental market you prefer to operate within. For instance, do you favour renting to those on housing benefit, to students or what about to single people or families? Let’s have a look at some of the positive and negative factors of renting to families – those families with two adults and a couple of young children living in the property. Positive factors If you are fortunate enough to have found a tenant who always pays their rent on time and keeps your investment property in pristine condition then you would probably prefer that they remain in your property for as long as possible. Well, you tend to find that families prefer to stay in a rental property for a longer period of time than say a single person. The main reason for this is that the family unit is often looking for some stability in their lives. The children may well be settled in local schools and make many friends in the locality in a relatively short period of time. One could also argue that a family tenant…

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