As a landlord muse a few comments. The tenants you had were probably single and working. Condensation often builds up with families especially one parent families who live constantly in the house, dry clothes in the house and do not ventilate the house. The water vapour collects on cold exterior walls and turns to mold. What a lot of people do not understand about letting is that the property market is driven by property but the letting market is driven by the people. You get professionals, new professionals in group (graduates) students new families (man woman and possibly one child) unemployed families and unemployed singles in houses of multiple occupation. Each type of tenants have problems. The easiest is single professionals and new families but you get a lot of turnover as they go on to buy. Houses with multiple occupation you get turnover and a lot of wear. Unemployed you get problems of damage and wear and tear along with payment defaults
We need more landlords like you! We are tenants and never even got a thank you when we handed back our property via a large agent in spotless condition. We even got an overdue rent notification despite the Landlord forcing us out with a section 21. Good luck to you sir!
It really does prove that if you spend a little more and you handover a property to a tenant in great great condition. Most the time you get it back the same way.. Nice one.
Hi Kieren, thanks for watching, I use warm wall anti condensation paint from pamties, give them a call and ask for Simon Dews he knows the stuff I use.
Another fantastic video! Well done! One question, Dan. I am a portfolio landlord as well. I am currently looking for a knowledgeable property accountant. Can you recommend one, please?
If you have single lets to single people, generally its ok. The biggest problem is tenants not ventilating their rooms, no matter how many times you tell them. Also, treat your tenants well, and they will stay for long periods. I have had tenants for 15 years, and really value them.
The agent will find faults , so they can arrange for a contractor pop by and do some work so the agent gets commission on that invoice … very few agents don’t do this but a lot doooo
The agent I use doesn't charge for maintenance or they wouldn't be my agent. Also I have inspected the property and I`m happy with it so there were no charges.
Hi coolmonkey619, it depends on what you class as trashed. This is not a normal handover, their is often excessive wear and tear but a full on trashed property is very rare. Its all about the tenant selection process and of course a bit of luck.
I'm wondering why they only had a 6 month contract? If I were renting an entire property it would have to be a minimum of 1 year, otherwise you're constantly chasing your tail.
A standard AST is for 6 months Mark, I prefer putting tenants on a 6 month to 1 allow them to move on if they don`t like the property/area and for me to let them go if they are not right. The couple split up and needed to leave as they were going their separate ways.
@new2property Yep, I understand your reasoning and it makes sense. I do HMOs and I keep it to 6 months then rolling, but if 1 tenant moves on then I only have 1 room to fill rather than an empty house. If you're doing vanilla BTLs then that could end up being a lot of work on a semi regular basis. I'm guessing your tenant finding fee is also being triggered as well with the letting agent?
I do 6 months contract standard. Just so either party can give notice if things don't work out. And with the new Bill that Labour are proposing that won't matter anyway, all will be periodic from day 1.
What awesome tenants! Are you able to do a quick check when they hand their notice in to see the property condition, then if it’s in good state potentially offer them another property in your portfolio? Obviously they’ve split up but they seem like gold dust and it be great to try abd rehouse if your property suits them both individually
Hi Jastat, Thanks very much for watching and for dropping a comment. Would you be able to elaborate on your comment, I`m not quite sure what you mean exactly. Thanks
🤔Looks like they didn’t live there: the oven, the garden…the utility bills will confirm or dispel the notion. If they did live there, they should be given a bottle of Champagne for being such decent folk 🤓😅
Hi well done you keep it up you are doing a great job and having fun making some brilliant videos superstar Ali Walsall west midlands england junction 10 m6 Walsall churckery up the walsall
As a landlord muse a few comments. The tenants you had were probably single and working. Condensation often builds up with families especially one parent families who live constantly in the house, dry clothes in the house and do not ventilate the house. The water vapour collects on cold exterior walls and turns to mold.
What a lot of people do not understand about letting is that the property market is driven by property but the letting market is driven by the people. You get professionals, new professionals in group (graduates) students new families (man woman and possibly one child) unemployed families and unemployed singles in houses of multiple occupation. Each type of tenants have problems. The easiest is single professionals and new families but you get a lot of turnover as they go on to buy. Houses with multiple occupation you get turnover and a lot of wear. Unemployed you get problems of damage and wear and tear along with payment defaults
I appreciate caring landlords like you. Thank you.
You are very welcome, thanks for watching
How do we know he’s a caring landlord would luv to hear from the tennant.most landlords are money grabbing .
So do the labour party. For different reasons though, like a thief targeting a mark they are eyeing up your wallet for what they can take
@@Paragon62pretty sure the tenant would not have left it like this if he was not decent.
We need more landlords like you! We are tenants and never even got a thank you when we handed back our property via a large agent in spotless condition. We even got an overdue rent notification despite the Landlord forcing us out with a section 21. Good luck to you sir!
Thank you and I hope your next landlord is more appreciative of your efforts.
I'm so happy for you Dan that you did not have to do any work on the property. Your delight was truly evident !
Thanks Anthony, as I`m sure you are aware its not always this way but it was a really nice surprise.
Well played, pleased for you to accept back such a clean place.
I know right, thanks for watching and for dropping a comment its appreciated.
It really does prove that if you spend a little more and you handover a property to a tenant in great great condition. Most the time you get it back the same way.. Nice one.
Thanks very much for watching and for dropping a comment, they are not all like this, that`s for sure but this one was excellent.
That's rubbish. regardless of property original condition. ALL tenants should return it back in its original condition. no excuses
Exactly!
@@housesforsale6892, wishful thinking is always good.
Hi, what warm wall paint did you use? Thanks
Hi Kieren, thanks for watching, I use warm wall anti condensation paint from pamties, give them a call and ask for Simon Dews he knows the stuff I use.
Another fantastic video! Well done!
One question, Dan.
I am a portfolio landlord as well.
I am currently looking for a knowledgeable property accountant. Can you recommend one, please?
Drop me an email Dom and I`ll introduce you to one info@new2property.co.uk
Nice one Dan! Do you spray weedkiller after you pull up all of the weeds or before? Or even during? What do you use?
Hi,
I use Rosate 360 TF by Albaugh, its pretty powerful stuff and does the job
If you have single lets to single people, generally its ok.
The biggest problem is tenants not ventilating their rooms, no matter how many times you tell them.
Also, treat your tenants well, and they will stay for long periods.
I have had tenants for 15 years, and really value them.
Use a weed burner on those weeds extremely quick and cheap does a great job, saves using chemicals
Hey Mitch, thanks for the tip, I`ll look into this.
The agent will find faults , so they can arrange for a contractor pop by and do some work so the agent gets commission on that invoice … very few agents don’t do this but a lot doooo
The agent I use doesn't charge for maintenance or they wouldn't be my agent. Also I have inspected the property and I`m happy with it so there were no charges.
If only they were all like that. Does work both ways though.
I know right, if only
Out of 100 property how many are likely to be trashes when returning
Lots
Hi coolmonkey619, it depends on what you class as trashed. This is not a normal handover, their is often excessive wear and tear but a full on trashed property is very rare. Its all about the tenant selection process and of course a bit of luck.
I'm wondering why they only had a 6 month contract? If I were renting an entire property it would have to be a minimum of 1 year, otherwise you're constantly chasing your tail.
A standard AST is for 6 months Mark, I prefer putting tenants on a 6 month to 1 allow them to move on if they don`t like the property/area and for me to let them go if they are not right. The couple split up and needed to leave as they were going their separate ways.
@new2property Yep, I understand your reasoning and it makes sense. I do HMOs and I keep it to 6 months then rolling, but if 1 tenant moves on then I only have 1 room to fill rather than an empty house. If you're doing vanilla BTLs then that could end up being a lot of work on a semi regular basis. I'm guessing your tenant finding fee is also being triggered as well with the letting agent?
I do 6 months contract standard. Just so either party can give notice if things don't work out. And with the new Bill that Labour are proposing that won't matter anyway, all will be periodic from day 1.
@@marklewis3023HMO's are a blight on the community and should be banned
What awesome tenants! Are you able to do a quick check when they hand their notice in to see the property condition, then if it’s in good state potentially offer them another property in your portfolio? Obviously they’ve split up but they seem like gold dust and it be great to try abd rehouse if your property suits them both individually
The garden isn't the tenant's responsibility; right?
It is usually the tenant's responsibility to maintain the quiet layout of the garden.
Whilst they are living in the property the garden is their responsibility.
Thanks for watching.
❤
Thanks for watching Nabaz
Mid life power trip
Hi Jastat,
Thanks very much for watching and for dropping a comment.
Would you be able to elaborate on your comment, I`m not quite sure what you mean exactly.
Thanks
I thought that…….Don’t be fooled & the agents are useless when doing an itinerary!
🤔Looks like they didn’t live there: the oven, the garden…the utility bills will confirm or dispel the notion. If they did live there, they should be given a bottle of Champagne for being such decent folk 🤓😅
They deffo lived there as I called around during the tenancy to sort a leaking gutter, champagne is in the post
How old are you? You definitely sound like you have at least 4 decades of experience
I`m 45 coolmonkey619, and have over two and a half decades of buy to let experience.
landlords are finished
Don`t be that guy Marc at least give a reason for your thoughts
Good !
@@Lynnpjjbdndjiwhy good? Where will the people who can’t afford to buy live?
Hi well done you keep it up you are doing a great job and having fun making some brilliant videos superstar Ali Walsall west midlands england junction 10 m6 Walsall churckery up the walsall
Thanks for watching and for following Ali, its appreciated.