Vesta Property | Learn Landlord Lifecycle

Landlord Lifecycle

The journey that all landlords make, from planning and managing to exiting. Learn helpful tips, tricks and best practice from people in the business

Acquisition

Research and planning to ensure success

Management

Buying the property and running your business day to day

Exit

Selling your property and leaving the business successfully

Lifecycle of a Landlord - Introduction

Vanessa Warwick from Property Tribes introduces the first video in our landlord know-how series of videos.

Introducing the key milestones that all landlords will experience - pre acquisition, acquisition, management and exit.

  • Pre-acquisition - research
  • Acquisition – Purchasing a property
  • Management –You’ve become a landlord, now what?

Is being a landlord it right for me?

Before starting your journey, watch our video on some key questions you should ask yourself

Before starting on your landlord journey you should know the answer to some key questions, which in turn will help you to know whether you’ll make a successful landlord.

  • What's involved and what are your legal responsibilities?
  • What are the business risks?
  • What kind of person makes a good landlord?
  • What is your timeframe?

Setting Goals

There are many different strategies that you can adopt as a landlord - but which one is right for you?

Vanessa explains the importance of setting your goals early, which will then help to direct your strategy - whether you are looking for an extra monthly income or a legacy for your children.

  • Setting your goals for success
  • Monthly income or capital appreciation
  • It’s a marathon not a sprint

Financing your buy-to-let investment property purchase

Financing is a key part of any business, and property is no exception. 

In property it is the major barrier to entry and getting it right can be the difference between success and failure.  Vanessa explains why you’ll need to find yourself a mortgage broker.

  • Cash or mortgage?
  • The value of a mortgage broker
  • How big a mortgage will you need?

Acquisition costs

The enormity of the price of a property can often eclipse the other costs involved in property investment. 

Nonetheless to be successful you need to break down the various costs, understand them and ensure that when added up they can deliver success.

  • Deposits, stamp duty and legal fees
  • Furnishing costs
  • Management

Would you like to find out more?

If your thinking of buying or selling a buy-to-let investment property now or in the future, one of the team will be happy to help.

Important Note

The information contained in this website is for general information purposes only. The information is provided by Vesta Global Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, properties, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Copyright © 2019 Vesta Global Limited. All rights reserved.