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Guide

Your first rental property

How to use this guide

Publish it for people thinking about a first rental property. It sets out the real responsibilities before they buy.

What is inside

Decide whyWrite down what you want from investing, how long you plan to hold the property and how much you could afford to lose if things went badly.
Research the areaWho rents locally, and what they look for.
Run the numbersRent
Understand tax and structureHow rental income is taxed, and whether to own property personally or through a company, depends on where you live and on your situation.
Get it ready to letComplete the safety checks required where you are.
Find and keep good tenantsBe clear in the advert. Describe the home honestly.

Three title ideas for your own version

Your first rental property
Before you become a landlord
A step by step guide to buying to let

Where to promote it

YouTubeproperty podcastsinvestor meetupsLinkedIn

What should you do before buying a first rental property?

Decide why you are investing, research the area, run the numbers with local figures and every cost, and take tax and legal advice.

Make this guide your own

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