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94 of 94 people found the following review helpful:
5.0 out of 5 stars
Crammed full of common sense advice, 6 Feb 2002
By A Customer
This book reminds me of the "Primers" in note form that got me through my exams in my youth. I read it in just over an hour and was very impressed by the amount of common sense it crammed in - without having to wade through War and Peace to find it. It starts by showing why, in general, it makes for better business sense to buy flats to rent rather than houses (25% better returns and less hassle) unless you go into furnished bedsits. It then goes on to pick out a wide range of equally important aspects in the areas of : how much involvement you want personally, what types of tenant you should concentrate on and what location to buy in. The book then dwells on the things that an experienced landlord might well find obvious - but for a beginner are absolutely essential if they are to make a success of it - including buying your first property, estimating the likely profit, minimising the risk, selecting an agent, taxation of profit, raising a loan. The section on "Choosing a property - points to be aware of" and "What you should be aware of in regard to location" contained some crucial points that could save a fortune. I also like the emphasis on "Cutting down gaps between tenants" - another crucial area that is so important in long term profitability and the use of Case Studies as examples. As a book obviously targeted to help people with no knowledge of the topic who quickly wish to get at the essentials - it has succeeded brilliantly though a bit more information on finances would be useful.
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by Ajay Ahuja
by Ajay Ahuja
