In this week’s property education video, I’ll be explaining why I have property management on all of my property investments. I’ll also be answering FAQ’s regarding understanding property management, including how you can find good Letting Agents.
There’s a distinct difference between a Cost Mindset vs Value Mindset, which is important to consider when it comes to managing your property investments in the UK yourself, or getting a Letting Agent to do it.
I’ll be sharing my Property Investing background and my experience of working with my very first student HMO at the start of my Property Portfolio journey. Property Management only took 2 hours of my time per month and allowed me to make £500 profit!
I’ll also run through popular questions such as ‘What Does a Property Manager Do?’ and ‘How Do I Find A Good Letting Agent?’. As part of their Property Management Training Basics, most Letting Agents will conventionally work with BTL Properties, but you may wish maximize your rent using HMO Property and Serviced Accommodation instead.
If you actively book onto Property Networking Events in your area such as property investors network (pin Meetings), not only will you benefit from valuable property training, but you can get recommendations of great UK Letting Agents to work with. Part of knowing how to hire the right Property Manager involves checking to see if they are associated with ARLA and ideally owning investment Property themselves.
As an added bonus this week, if you’ve not been to a property investors network meeting before, you can use voucher code BLOG to attend your first property networking at no cost. Details of all pin meetings in the link below.