Renting out a Property for the First Time UK: Things to Consider Hello there, UK landlords! Ready to dip your toes into the rental market? Whether you’ve just closed the deal on a chic city flat or you’re considering turning an existing property into a lucrative rental, we’ve got the
Tips to Make a Rental Ad/ Listing that Stands Out In today’s digital age, the competition in the rental property market is fiercer than ever. Landlords and property managers are vying for attention on numerous platforms, with each listing trying to outshine the last. The secret to standing out? Crafting
As summer approaches, hosts are gearing up to attract guests to their vacation rental properties. While short term bookings are the norm during high season, overlooking midterm bookings could mean missing out on a significant revenue opportunity. SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the
With colossal advancements in technology and a pandemic-related, remote-working trend that is clearly here to stay, virtual work has become an increasingly popular trend in recent years, to say the least. According to a recent report published by McKinsey, 58% of Americans report being given the opportunity to work from
Making functional updates to your home can be a great way to modernize your living area. But not every renovation is created equal, and some could actually lower the value of your home. This article will discuss eight home improvements that don’t increase the value of your home. It will
In October 2022, new legislation came into effect* in Scotland that will change how landlords operate if they want to market their properties as short lets. Simply put, any property owner who wishes to advertise and let out their accommodation to a short-let tenant needs to apply and pay, often
Ever wondered how you can make a property more appealing to tenants? There are various things that you can forget about if you don’t stay organised. Also, you might not be sure what your tenants value the most. You should consider various factors before you start renovating your new property
Relocating to a new home is an exciting adventure, but for homeowners, it does pose some issues. The main challenge is what to do with your old property. With many sellers facing market uncertainty, including potential price drops, many might consider alternatives to putting their old home on the market.
Choosing an apartment security system can sometimes be complicated, but by reviewing the steps laid out in this article, readers should be equipped to enhance the safety and security of their apartments.
As a property manager, you are responsible for ensuring your tenants feel safe in their homes. You also have a responsibility to keep your tenants’ belongings secure. Consider your current security strategy and where there might be gaps or vulnerabilities. Then consider whether any security essentials listed in this post could mitigate these vulnerabilities. A safe property will drive value and achieve ROI.
There’s a lot to learn to ensure that you manage your NY tenants compliantly – failure to do so can result in lengthy, costly disputes with aggrieved tenants, and significant financial penalties can apply. Here is a guide for landlords managing tenants in New York City.
In 2020, just 31% of Americans were first-time buyers. In contrast, in 2010, 50% were first-time buyers just ten years earlier. As property prices increase — going up nearly 20% from 2020 to 2021 — more and more first-time buyers struggle to get onto the property ladder. Rather than stay
A Sage survey revealed that 83% of accountants agree that investing in the latest technologies and digitalization is necessary to keep up with the market. Landlords already have numerous tasks to undertake each month, so they must know how to manage bookkeeping effectively and know the best technologies to assist
When considering renting out a property that you own, you need to be aware of the tax considerations. Renting out a property could leave you responsible for rental income taxes, but you may also be eligible for special deductions that can make the process much more lucrative. Learn more about
COVID-19 has severely impacted almost every industry across the globe and the hotel industry was, unfortunately, one of the hardest hit. Even in countries where lockdown restrictions have been lifted or dialed down, the industry continues to struggle. A possible reason is that most travelers are still wondering whether staying
Undeniably, the COVID-19 pandemic has had an immense impact on many industries across the world, and in particular, the travel industry. In the midst of this, we wanted to get a better understanding of the impacts shared by more than 100 of Homelike’s most prominent property suppliers from Spain, Germany,
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