Buying a rental property at auction can be a great way to build your portfolio, but protecting your investment is just as important as finding the right property. Unexpected costs, empty periods and poor tenant choices can quickly affect your returns. Here are three simple strategies to help safeguard your investment: 1. Keep a Reserve Fund Set aside around 3%–5% of your gross rental income for maintenance and repairs. Having money available for unexpected issues means you can deal with...

The term “We Buy Any House” is commonly used to describe companies that offer fast cash purchases. While this can be a convenient option if you need to sell quickly, it is important to understand the potential risks before signing anything. Many quick sale companies offer prices that are well below full market value. Some also use tactics that leave sellers disappointed at the last minute. Common Traps to Avoid Hidden or Upfront Fees: A reputable cash buying company should never ask for...

Rent increases remain an important consideration for landlords and tenants across Wales. However, unlike England, Wales operates under its own housing legislation through the Renting Homes (Wales) Act. Key points for Welsh landlords include: • Rent can only be increased if the contract allows for it or by following the correct legal procedure. • Landlords must give tenants the required written notice before any increase takes effect. • Rent cannot usually be increased during the first 12...