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Tuesday, August 24, 2010

Lessons from old property hand

There is a lot we can learn from our elders. The voice of experience has much to give us and this rings true with landlords.

Tom Entwistle has been a landlord for many decades and has also founded the well respected website landlordzone.

His recent interview on landlordlaw gave a couple of useful bits of advice:

" Know and follow the law to the letter – generally as a landlord you will be supported by the authorities if you do. Plan for the worst but expect the best. You cannot trust everyone, so do your tenant selection very carefully."

Interestingly he like Property Hawk advises landlord to shun the instant riches route instead he advises that landlords should

"Work hard, save hard and put your resources into long-term solid investments. That way your wealth will build gradually and safely."

Nothing revolutionary; but non the less very sound advice. Oh just some thoughts for you Tom. If you are going to launch yourself as a media landlord star. It might be worth investing in a few new photos for your Facebook profile.

Tenancy problems? - expert legal advice

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