Monday, 5 May 2014

Derbyshire Buy to let - rule one

Rule #1  Everything Lets

When potential investors come to see us, they are often concerned whether the property they buy will let. They needn’t be – it doesn’t matter if it’s a palace or a flea pit – everything lets, but that’s not a recommendation to buy a flea pit! The question they should be asking is WHO it will let to – a 3 bed in the town centre is far more likely to attract sharers than a family for example. Every now and then a landlord comes in with a property that he’s been unable to let through another agent. 

We know without seeing it that either 
  1. it’s badly presented or 
  2. he’s overpriced it. 
  3. There isn’t usually a 3

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