OK, the news that seems to be hitting the property and landlord magazines is that in some places rents have stalled but in many places they are now on their way down. It gets even gloomier with forecasts that rents could drop next year with the ever increasing number of properties that can’t be sold coming on to the market.
So given that cashflow is still landlords number one issue, (and will be for a good while yet) what else can we do to help improve it?
Well, one thing for sure it to start scrutinising all your property related costs and really ask yourself the question ‘Do I really need to be incurring this cost for my property business’? Continue reading