Think Let

Name: Think Let
Address: Cardiff, GB
Telephone: +447562966347

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Think Let, Real Estate, Cardiff.

31/08/2022

Top market rent for your property 🏠

👉 We are able to provide market rent for your property, quickly and stress-free.

👉 Once we have given you our rental valuation figure, we will stick to it and find you a tenant within days.

Intrigued as to how? Get in touch! 🤝

26/08/2022

Carrying out an inventory before and after a tenancy means you can make sure everything's accounted for. It also lessens the chances of a deposit dispute further down the line.

One of the most important steps when it comes to letting property is to conduct an inventory. 💯

We can help arrange this for you. 👌

24/08/2022

When looking to purchase a buy-to-let property, you need to assess the best structure to minimise your taxes and costs.

🏠 Understanding your property taxes -- this is a topic which is well covered in the Landlord Vision blog for a reason. Owning a property in your own name (as a sole trader) or through a limited company can affect everything from the financing options available to the land taxes you are liable to pay.

🏠 As a general rule of thumb, if you are a higher rate taxpayer or are planning to purchase the first of many properties, then a limited company structure may be more desirable. If you already own a property outright and you are not a higher rate taxpayer, keeping the property in your own name might be the better bet.

🏠 You should speak to an accountant and consider the pros and cons in detail before purchasing a property. Having the right structure in place from the outset will save you both time and money in the long run.

02/08/2022

As a landlord, you should keep records of everything: deposit receipts, rent receipts, maintenance receipts, and a record of all landlord-tenant communication. Digital records can be securely organized without creating paper clutter.

🏠 Holding onto receipts and communication records is a good idea in case legal issues emerge. If you have records of transactions and communications, then you are more likely to prove you’re right in court. Having evidence to support your claims is always a good idea.

🏠 Professionally manage your business by keeping good records. Storing records digitally is the most organized, up-to-date way to do it.

👉 Keep digital records of everything 👈

29/07/2022

Free property valuations 👇

Not only do we help our landlords rent their properties.

We can also help sell your property for free. How, you ask?

Think Let’s sister company, Think Big Property, has access to a large pool of high net worth investors looking to purchase properties in your area.

Get in touch to book a free property valuation. 🤝

22/07/2022

🏠 CONSIDER HIRING A PROPERTY MANAGER

Hiring a property manager can be a worthwhile investment if you’re looking to save on the time and hassle involved in owning a rental property, such as marketing your property, collecting rent payments, and dealing with tenant issues. A good property manager can also help manage multiple rental properties if you find yourself overwhelmed with landlord responsibilities.

Hiring a property manager is a great avenue to explore if you don’t live near your property or don’t want to fully commit to the hands-on role of managing the rental. By putting the responsibility of owning a rental home on a third party, you’ll have peace of mind that your property is being maintained in a professional and timely matter.

Keep in mind, that you’re legally responsible for maintaining a habitable space for your residents, so if you don’t have the time or resources to dedicate to this important task, it may be time to consider hiring help. Whether your property’s roof is in need of some TLC, or the walls need to be repainted, a property manager may have to take on a great deal of responsibility or hire the right person to do so.

If you can afford the expense, a property manager can help to streamline your landlord duties and facilitate a more hassle-free rental process. Similar to the procedure for finding the right tenant, make sure that you properly screen potential property managers. . Don’t forget to ask for local references and interview multiple people before settling on any final candidates.

19/07/2022

💡 FIND TENANTS ONLINE

👉 The majority of tenants search online for their next apartment, which means the most effective way to find tenants is to create an online rental listing. Promote your listing on sites such as OpenRent, Gumtree & even here on Facebook.

👉 The key to finding tenants is to create an online rental listing that tells tenants what they want to know about your rental property. They’ll want to know the rent price, the address, a number of bedrooms and bathrooms, amenities, and nearby attractions—the more informative the listing, the better.

👉 It’s also a good idea to upload clear photos of every room and common space, as tenants will likely be more interested if they can easily visualize the space.

👉 An appealing rental listing that highlights your best features and announces your requirements is the best way to attract quality tenants who will pay rent on time and take care of your property.

15/07/2022

💡TREAT YOUR RENTAL PROPERTY LIKE A BUSINESS

🏠 Managing your rental property may not be your primary job, but it is still a business and a source of extra income. It’s important to remain professional with your tenants, keep your finances intact, and perform d thorough tenant screening prior to renter's moving in.

🏠 In order to conduct good business, you need to comply with federal, state, and local laws. It’s important to make sure your business follows all necessary laws in order to maintain a positive reputation and avoid potential legal problems. Real estate and rental investments often come with regulations, so be sure to take the time to conduct research

🏠 It’s also important to protect yourself from potential accidents or liability claims: one way to do so is by purchasing landlord insurance. If an unfortunate situation arises, as a pipe burst or theft occurs, landlord insurance can protect you from bearing the loss. This means you won’t have to pay thousands of dollars if a tenant should sue you.

🏠 Conducting good business also means preventing problems before they happen. The best way to avoid problems is to keep your unit and building in good condition.

🏠 Before renting to tenants, double-check that your rental property is a safe place to live. It’s worthwhile to spend money to make sure everything is up-to-code and all utilities work. For example:

-Test smoke and carbon monoxide detectors
-Make sure all vents are free of buildup (debris, moisture, etc.)
-Check internal and external pipes for combustion
-Once you have tenants living in your unit, you should have a plan as to how you will fix dangerous problems immediately.

🏠 For example, how will you fix the furnace if it breaks, or help a tenant who locks themself out? The best way to prepare for problems like these is to have a plumber, locksmith, and contractor on call.

🏠 Being professional, keeping your finances in mind, following your city and state’s laws, protecting yourself from liability, and preventing tenant problems are the best ways to manage a good rental property business.

Follow us for more tips & insights!

13/07/2022

👉 A new ‘Fitness for Human Habitation (FFHH)’ standard places an obligation on the landlord to ensure the property is safe and that defects are dealt with efficiently and effectively. Under these new requirements, you will need to ensure that your rental has: smoke alarms, carbon monoxide detectors and inspection, testing and certification of the electrical installation at least every 5 years.

Be in the know about regulations, and all things property and lettings! Follow us at 🙌

08/07/2022

Fed up with paying extortionate amounts on call-out fees and minor maintenance?

🏠 Our agreements cover all minor maintenance, including parts and labour. Our in-house team are on 24-hour call for any emergencies to prevent damage before they develop further

🤝 Want to know how we can offer this? Get in touch today to find out!

06/07/2022

‼ What are the new EPC regulations for landlords in 2022?

🏠 After a consultation in December 2020, the government has announced changes to the Minimum Energy Efficiency Standards for England and Wales.

🏠 The government has proposed that all rental properties will need an EPC rating of ‘C’ or above by 2025. Similar to the previous changes, the new regulations will be introduced for new tenancies first, followed by all tenancies from 2028.

🏠 The regulation changes hope to make homes more energy-efficient and reduce carbon emissions as part of the government target to be net-zero by 2050.

🏠 The penalty for not having a valid EPC will also be raised from £5,000 to £30,000 from 2025.

Address

Cardiff

Telephone

+447562966347

Website

https://www.thinkbigpropertyuk.co.uk/think-let

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