I was discussing a problem with one of my clients last week about finding the ideal tenant and we came up with this list.
We think in these turbulent times you need to look for tenants who have recession proof jobs. So who are these prized tenants? Surprise, surprise, they are all linked to the public sector!
1) Teachers
Don’t forget children still need to go to school during a recession and there will always be somebody there to teach them. In fact an increasing number of adults who have lost their jobs have returned to education until the economic climate improves.
2) Working in the NHS
An economic recession will not mean that less people will need treatment and therefore focusing on doctors, nurses and other medical staff should give you long-term tenants.
3) Public Transport Staff
The government is committed to trying to keep unemployment down and one area that we haven’t seen any redundancies is in the public sector. In fact this sector could grow as the government tries to create more jobs to reduce unemployment.
4) Public Sector Employees
In the past, whenever a recession has occurred the Government allocates more resources in to public sector transport projects. Don’t forget the money being spent on public transport comes from the Government, not the consumer, so again these tend to be safe jobs in a recession. (perhaps you could get some MP's to become your tenants or am I being flippant)
5) Police
Last, but not least we come to our police force! Once again they serve the public and we don’t hear of redundancies in this area!
Can you add to this list?
You may recall that I told you about a little-known tax loophole that you could exploit? Well, I should explain, this will only apply to you if you own COMMERCIAL PROPERTY, or know someone who does. It could be worth hundreds of thousands of £'s to the right person.
I'll let you know more next week, but if you are a commercial property owner/ landlord and would like a pre-publication sneak preview, get in touch by the end of today.
Confucious
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ReplyDeleteThe ideal tenant is someone who respects both the property and the terms of the lease agreement. They pay rent on time, maintain cleanliness and communicate promptly with the landlord about any issues. Says CV Writing KSA responsible tenant understands the importance of taking care of the space they live in, minimizing wear and tear on the property. They also foster good relationships with neighbors by being considerate and adhering to community rules.
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