Tips for buy-to-let investments

Being an investor in buy-to-let property can be extremely rewarding but as there are large amounts of money and time involved, it can be difficult to know where to start. Choosing the right property to invest in can play a large part of your success – but how do you start? All great property investors started somewhere, so here are some of our best tips for first time investors.

  • Be careful with money in order to get the highest return on your investment. This doesn’t mean that you have to cut corners or skim quality, but it’s vital to know your budget and how much is acceptable for you to pay. What is the average rent per calendar month for a property similar to this, and is the initial outlay worth it?
  • Choose the right area. From local transport links, to schools, to rent prices, there are many factors influencing the different areas of London, from Brent to Bromley.
  • Help your tenants live comfortably. A worry for many tenants is that they won’t be properly looked after when they rent a home. When we are providing your property or estate management in Brent or another part of the capital, we provide a top notch service for both landlords and tenants and will ensure that they are well looked after. We will take care of repairs and even offer a round the clock helpline.
  • Stay ahead of the market. Being able to foresee the future of your financial investment can be invaluable; research past trends and possibly even look into areas that are up-and-coming, which can also save you money now and gain more in the long term.

If you require more help with buy-to-let investments, call us today. We’re the leading provider of property management services and estate management in Brent and beyond, and can offer a comprehensive solution that delivers the highest ROI.