Rental Resolutions: 5 things landlords can improve in 2024
Rental Resolutions: Five Things Landlords Can Improve in 2024
If you’re a landlord, why not make a few property-related resolutions to save you time and money in 2024?
Here are five changes you could make to protect your investment.
Insurance
Note down when your landlord insurance needs renewing, so you have time to shop around for a new deal. Ensure your policy has no glaring omissions that could leave you vulnerable.
Agent
Did your letting agent deliver the goods this year? If not, speak to other local letting agents and see what they can offer.
Maintenance
Stay on top of maintenance by scheduling all electrical and gas safety checks, appliance servicing and inspections in a calendar.
Upgrade
Spending the bare minimum on maintenance can be a false economy. Sometimes it’s wiser – and better value in the long run – to upgrade instead of patching things up repeatedly.
Communication
Encourage your tenants to contact you if there is an issue, but don’t rely on them alone to flag up problems. Be proactive and conduct regular inspections.
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