How To Keep Your Property Fully Let

In this episode, Simon tells you how you make sure your property is always fully let, which will help you avoid the dreaded "void periods". KEY TAKEAWAYS When a property stands empty, it is costing you money. Make sure the properties in your portfolio are all assets and not liabilities! Sometimes work needs to be done to a property before you can move people in. Be as quick as you can, and remember to advertise the property as soon as you are able. Before you rent out the property, always check the supply and demand in the area, and adjust the rent accordingly. Perhaps you can charge more per month, and haven't realised? Keep on top of maintenance and other issues that may turn people off. Remember that this is your investment, and it pays to keep your tenants happy. BEST MOMENTS  'When you have a void period, you are literally losing money' 'An asset is something that puts money into you pocket, and a liability is something that takes money out' 'It's important to focus and get that property filled as quickly as you can' 'Do not be cheap!'  VALUABLE RESOURCES Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20). iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2   Register at Mindset For Property at - www.mindsetforproperty.co.uk    ABOUT THE HOST   Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.   Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.   CONTACT METHOD   Contact and follow Simon here:   Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/