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A Landlord Managing a Property in Edinburgh, Targeting Market and Searching for Suitable Tenant

By Carol Riley Subscribe to RSS | March 27th 2012 | Views:

Handling a property to rent in Edinburgh is a high duty for the landlord. There are two options regarding it, one is your self and on the other hand you can hire the letting agent for the paper work. They are professional persons so that’s why they can give you the precious suggestions about Edinburgh flats to rent and about the local market. At the commencement of your property business you can hire the letting agent and after that you can take all the responsibilities on your shoulders. On the other hand you can continue the agent’s job for full management of the property.

You can manage your property by yourself. This way is the money saving but on the other hand you must know that you will have to spend a great amount of time on advertising, dealing with potential tenants, arranging property viewings, carrying out the repairs etc. so in this way some suggestions are available for your easiness.

Targeting Your Market:

If you are going to buy property to rent in Edinburgh or having an idea about purchasing the property in Edinburgh then it would be better for you to go for the targeted tenant. If you are arranging the property for the students then it should be closer to the universities, bus stops and markets etc. This kind of the property will help you to talk with the letting agent for attracting the tenants for edinburgh accommodation.

Finding a Suitable Tenant:

There are other options to find the tenants like internet, local newspaper, university board and talking to friends. You can also move towards the employers in the area who are often looking for areas to relocate their staff. Mind it you must be very careful about the contracting with tenant. In this way you must take the reference for the tenant and check them out.

Furnished or Unfurnished Property:

Regarding the furnishing of property to rent in Edinburgh there are no legal requirements. Either you can furnish your property or leave it unfurnished. In this way you should contact with letting agent to take the advice according to the type of edinburgh accommodation. So the agent gives the information that which kind of property appeals the tenant.

Staying In Touch With the Tenant:

After hand over the property to the tenant you must keep in touch with the tenant and maintain the relationship with him. By this good relationship the period of tenancy can run smoothly. If issues might arise between two parties in future, they can be made settlement without expensive legal actions.

Carol Riley - About Author:
Carol Riley is a marketing officer for Greenlet, property lettings website in Edinburgh. If you want more information on property to rent in edinburgh, please visit edinburgh flats to rent.

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