Real Costs of Deferred Maintenance of Buy to Let

by | Sep 11, 2019 | buy to let, HMO |

Real Costs of Deferred Maintenance of Buy to Let

Many investors do not take into account the true cost of maintenance. The older the property, the more maintenance. In Professional HMOs you will also have a great deal of deferred maintenance. One of the most cost saving things we do is look for projects which are on guaranteed rents, no voids…and high lighting the fact of NO Maintenance. Maintenance is not just money….it is time and energy. Our tenants are blue chip Home Office appointed representatives that handle all the maintenance. Properties are covered 2,500 per incident and a total of 5,000 per year. If you add in the total costs of maintenance and time an unexpected outcome will probably become evident.