Becoming a landlord, particularly if you are aiming for multiple tenancies, is not an easy as you may think. Considerations regarding the décor and furnishings, through to keeping on top of the finances takes a lot of organisation and preparation.
To make things a little easier, here are some fantastic iPhone apps that can make getting started that little bit easier.
This app gives you the perfect opportunity to see how certain furniture will look in your property before committing to purchasing it. Whatever the size or shape of the room you are furnishing, you will be able to choose from an extensive variety of brands to find the perfect accompaniment to your premises.
While this is only supported by an iPhone App, it is definitely worth the £4.99 cost for each tenancy agreement. Allowing you to keep a record of the condition of a property and what inventory you
have, you can create your own PDF reports. There is even a video recording option, adding additional weight to your records.
RentTracker Property Management
This app is fantastic for both single and multiple property landlords. Not only can you track the money trail between you and your tenants, you can also record all expenses paid out on your part.
With the ability to generate a report, keeping account of your finances has never been easier with this simple-to-use app.
Legal advice is costly unless you have this handy app. With this, you have access to legal advice from across the country. Whatever query you have, from property damage to tenant evictions,
professional advice is a simple click away.
While this may not seem the obvious choice for landlords, it could prove vital when you begin to think about expanding your empire. Choosing a new property that will prove popular with prospective renters is highly affected by what there is to do in the immediate area. With a full list of businesses nearby, you will be able to come to an informed decision as to whether the purchase of a property in a particular area is a good idea or not.
Before you commit to becoming a landlord, it is essential that you get the correct level of insurance cover. Companies like CIA Insurance will do all the legwork on your behalf, finding the best insurance that will ensure you are fully covered for every eventuality.
