In this two-minute read, we look at seven fundamental steps landlords in Scotland need to take, to put themselves and their rental properties on the path to success.
Being a landlord can be challenging, complicated, and confusing. But it doesn’t have to be that way.
By following these simple steps below, you’ll make your life easier and your properties more profitable.
1) Get Valuations. So, you have a property to rent? We suggest calling in three different letting agencies to compare prices, people, and approach.
2) Choosing a Letting Agent. Look for experience, integrity, and a proven track record.
3) Marketing Matters. How and where your property is marketed contributes significantly to its success. At the Scottish Property Centre, we use many different platforms and techniques to attract viewers to your property.
4) Presentation, Presentation, Presentation. If you want to attract quality tenants at the best price, your property must be clean, well maintained, and nicely presented.
5) Offers. Once quality tenants have been found, and the rental price agreed, we will carry out all the necessary work. This includes gathering references, creating tenancy agreements, collecting the initial deposit and rent, and arranging for a thorough check-in and inventory to take place.
6) Completion. Once all the above has been carried out and is in order, you can release the keys to your new tenant.
7) Property Management. We offer different tiers of service: from let only, where we will find you a quality tenant and carry out all the preparatory work, right through to full property management. Having your property fully managed means we take care of pretty much everything. This includes collecting rents, arranging safety checks, and ensuring maintenance and repairs are carried out professionally. AND we’ll keep you the right side of the mountain of rental regulations and laws affecting property in Scotland.
Thanks for reading and if you have any rental property-related questions, please don’t hesitate to get in touch with us.