How Landlords Can Help Themselves
One of the hardest aspects of being a landlord is finding trustworthy tenants who pay their rent and utilities on time. Whilst security deposits can help, there is also the added trouble when you need to repair some damaged portion of the property. In popular culture, it is too tempting to blame landlords and portray them as the “bad guys” in any temporary housing scenario, but the truth is often far different. A landlord lends out use of his or her property, trusting complete strangers to clean and care for the place as they would take care their own home if they own one.
It’s More Work Than People Think
There is a lot that landlords must do to ensure that their property is suitable for renting. It is not as if they can just decide to allow anyone to just live in their building. They have to ensure that safety standards are being met and that furnishings are clean and modern. Everything in a home must work. If something breaks, the burden is on them to fix it. They have to trust that the rent will be paid each month on time and that the utilities and taxes due will be taken care of by tenants. It is no picnic being a landlord, as any one of them could tell you.
Having said that, there are things a landlord can do to somewhat lift the burden from their shoulders. Of course, they cannot shrink from their duties as home providers. Everything must be in top shape, and safe for any potential occupants. This is not even the least bit negotiable. Even so, one of the hardest things about owning and letting a property – finding a trustworthy tenant – can be left to a management agency that vets potential tenants for you, and handles everything from showings to contract signings, and so on.
Ask for Help, and Get It
If you’re working with a company such as Baselets.co.uk, then you will see how easy leaving the heavy lifting to others can be. As a homeowner and landlord, you have enough to deal with on your own. So long as someone else is helping you find and vet tenants, the only thing you really need to worry about is ensuring that the property is suitable for anyone and everyone to live in. Your first duty as a landlord is to provide a liveable home; the property manager’s duty is to find someone to call it as such, and pay you what you’re due.
The special relationship between the U.S. and U.K. has often gone through periods of transition. One thing that has remained a constant in the post-war era has been the relationships built by U.S. defence personnel stationed in the U.K. with the locals. As a landlord, you can play a vital role in ensuring the ongoing success of one of the most enriching bilateral relationships in geopolitics. You can also make a fair bit of money off of it too, which is nothing to turn up your nose at.