Buying to Rent

Nick Rampley-Sturgeon became a landlord almost by accident in 1989 when his experience of negative equity encouraged him to take a lodger and then to let out the whole house. Since then he has bought and held other properties and gained a wealth of knowledge as a landlord during the process. His work with individual entrepreneurs and family business owners has convinced him of the value and importance to his clients of developing personal financial strategies for investing in residential property. He is a frequent contributor to magazines and websites. A professional speaker on his topics of entreprise and entrepreneurship, buying-to-rent strategy, and communication through behaviour, Nick works with businesses and associations to help people recognise and achieve their greatest potential...for a more enterprising life.

The opportunity. Why do you want to do this?Some of the benefits of property rental and letting Is this right for you? Can you afford to do this? Can you afford NOT to do this? Crushing the rumours. The short or long-term view. Which is the best approach? To mortgage or how much to mortgage? How much will your money get you? Understanding Buy to Let mortgages Choosing the area Finding the right property Preparing the house Health and Safety requirements Finding the tenantsThe holiday lettings market Working with an accountant Working with your solicitor Checks and references Working with the student population Using a letting agent or management service Working with an Independent Financial Adviser Collecting your own money Working with the Tenants When the house is empty Making improvements Starting again with new tenants Being tax-efficient More Personal Development and Life Balance aspects of Buy to Rent Appendix of Web Sites and Contact Points Appendix of how this works in USA, Canada, Australia Further Reading