In this episode I will share with you a real life story, this goes back to months ago where a first time landlord, who used to live in the same property going to be let for 19 years, decided to rent it out. Obviously, the emotional attachment was quite strong, as you can imagine.

The expectations were very high, then after the first inspection carried out by the agent it emerged that the property was not looked after well enough. This was a house in multiple occupation, 5 rooms for 5 tenants all in a joint and several tenancy. This has of course caused more wear and tear, even in just a few months!

Long story cut short, there has been an issue with condensation, so in the effort to make things better the tenant has actually damaged the walls. Most likely either bleach or the wrong product was used to tackle the issue: magnolia walls became patchy white ones! Other things were part of the list, including damages to the flooring in some areas of the property.

If you thought that investing in property and becoming a landlord was something easy, think again. You should consider first the real reasons why you want to invest in buy to let properties, also with time, learn on how become emotionally attached and not take things too personal.

This would be your business, you are renting the property to make a profit, remember!

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