The best way to get the most out of your rental property is to ensure you have a solid personal relationship with your tenant, claims one specialist.
Ed Harris, managing director at EH Landlord Services, says that you should be in regular contact with the people letting your property because failure to build any kind of friendship or rapport with them can cause all "kinds of problems and challenges".
Speaking at the Landlord & Letting Show in Birmingham recently, he stated: "The biggest thing that you need to have in place is a relationship with your tenants because if the relationship is not there, then anything can happen."
He added that landlords should also ensure that they have adequate insurance in place to protect both the property and their income.
His comments come on the back of recent figures released by the Council of Mortgage Lenders (CML) which suggested that the buy to let market will remain buoyant for some time to come.
Landlord and Tenant News
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