Common Costs Landlords Overlook

Common Costs Landlords Overlook

Research over the years has shown of landlords who incurred costs, over 50% had made no provision for repairs, 73% disregarded potential decorating charges, and 80% ignored mortgage interest they’d be liable for.

Here’s a quick checklist of common costs that many landlords forget to budget for. 

This list will help you correctly calculate the true cost of your next buy-to-let investment and give you a solid idea on whether or not the property will be as profitable as you need it to be.

1. Insurance

2. Letting agents fees 

3. Void Periods

4. Repairs and replacements 

5. Maintenance

No Comments

Post A Comment

* Required