View Single Post
Old 10-22-2020, 01:35 PM  
ilnjscb
Confirmed User
 
ilnjscb's Avatar
 
Industry Role:
Join Date: Jun 2009
Posts: 8,790
Quote:
Originally Posted by CurrentlySober View Post
Landlord rules are really good tbh. My people that deal with it for me are really good. Deal is, they take 10% but handle EVERYTHING. I know when I posted about it before people didn't believe me, but for that 10% they handle absolutely everything and have insurance against any problems that may occur.

So if someone stopped paying, I would still get my rent paid by the insurance etc, and if legal action was needed to evict, that would all be handled and paid for by them. Basically, you agree to let them deal with absolutely everything, and in return, you are guaranteed your rent every month, regardless of what is or isn't actually happening at the property. Likewise if they cause damage to the property, that's covered by the agents insurance too.

So in other words, I don't have any worries about knowing Im gonna get my money each month
1st def Chudleigh-on-the-Wold

What English names! After buying one, be sure to have chops and sauce with the Prime Minister on Boxing Day.

2nd - shocked by the above - they charge 15% here and don't do half that
ilnjscb is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote