Part 7: CREDIT CONTROL We all invest our time in multi-lets for different reasons but whether it’s purpose or profit, having a solid handle on what is to come in and when, is the lifeblood of your business. The danger however is as a one man band or small business, sometimes it’s easy to get… Read more »

Part 6: INSPECTIONS Whether for the confidence, the control or the legality, don’t under estimate the value and genuine requirement for regular inspections on your multi-let portfolios. Much like any form of management, frequent levels of inspection ensure the standard within your multi-lets are maintained at a high level. If left to their own devices… Read more »

Part 5: CHECK-IN AND CHECK-OUTS Once you have mastered the art of check-in and check-outs not only will you stop picking up the tab for your tenants’ blue tack, tea stains and iron marks. The standard to which your properties are maintained will remain significantly higher, providing a higher level of competition in your local… Read more »

Part 4: REFERENCING AND CONTRACTS They say the devil is in the detail and never was a truer word spoken but in the case of the Multi-Let referencing and contracts process. With every challenging tenant, missed rent payment, damaged piece of property or houseshare fall-out, you learn more and more about what can be done… Read more »

Part 3: ECONOMIES OF SCALE In the early stages of building a multi-let portfolio our clients are often engrossed in landlord mode; the excitement of the deal, the enthusiasm for something new and rolling the sleeves up and getting really stuck in. However this excitement and novelty wears off and is instead replaced with the… Read more »

Part 2: CONVERSION RATES The success of sales and marketing in all business is underwritten by numbers, be it revenue, sales units, margins or conversion rates and getting this right with Multi-Lets is key. Don’t mistake activity for progress, this is where your margins in Multi-Let management can rapidly become compressed and your return on… Read more »

Part 1: LOCATION, LOCATION, LOCATION. Multi-lets have become an increasingly popular investment class in recent years and whilst the opportunity absolutely remains to achieve sustainable revenues from well positioned properties, it is essential that every opportunity is capitalised on to minimise workload and maximise revenues. Within this blog series we will cover seven of the… Read more »