Renting Out Your Property for Dummies (UK Edition) - 2nd Edition Paperback – 15 Sep 2006
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"an invaluable guide to the industry" ( GSPC Property Guide, Tue 19th June 2007)
Praise for Renting Out Your Property for Dummies
"This book is a comprehensive guide to the process of renting out your property, brim full of sound practical advice based on years of experience. It′s an absolute must for the bookshelf of any would–be landlord, novice and experienced alike."
– Tom Entwistle, Editor of the Rental Property Website, LandlordZONE.co.uk
--This text refers to an alternate Paperback edition.See all Product Description
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Top Customer Reviews
The Main thing I like about this book is that it's increadibly realistic, not hyped in anyway, and makes you feel that renting just after you've bought your property is going to be a little bit of a struggle, NOT easy. I already feel I've problems to solve and what to expect.
It talks of agencies, contracts, a great deal on tenants, Insurance, taxes and much more..
A great selling point is that the book provides a check list of all things in the house you need check so that you can fit and repair to getting a better rent rate.
Definatly worth buying for beginners or people who already own 1 or 2 properties.
This book goes through each stage of renting out your proprty, or indeed entering the world of buy-to let. It discusses chapter-by-chapter, how to choose a suitable property, deciding whether you manage yourself, or leave that to an agent, how to choose your agent, property maintenance, and your responsibilities as a landlord.
Not everyone will need to read every chapter, but it's well worth reading all the relevant chapters to the reader.
Best of all, the book discusses tax implications on rental income. I didn't know the law on this, and it saves me quite a wedge! So from my point of view, the book was well worth the money just for that information alone (but of course very helpful all round!).
Moreover, as one would expect in a book "for Dummies", it's written in a down-to-earth and humourous manner!
There were a couple of big disappointments for me:
- the book looks as if it has been based on the US version and just "translated" over - so some of the advice doesn't really resonate - "a devious tenant can always stop payment on even a certified personal cheque" - what's one of those? Do they mean a guarantee card? Really?
- some of it goes over the barrier of common sense - it goes into a big explanation of the advantages of having a mobile phone and what sort to buy if you want to be a landlord. Even my 75 year old mother has a mobile phone! Please!
- I bought this on the strength of a review praising the tax information in the book - I found this to be very cursory (about a page on income tax). So because I don't want to use an accountant I'll have to find another book.
So the book didn't meet my needs and I wouldn't have bought it if I'd have leafed through it in a shop.
Next time I will find out what year reference books are published before ordering.
Best money I have spent in a long while and I have made it back with their tips.
Most Recent Customer Reviews
there was nothing new inside that I didn't really know already from researching this on the internet so a great book for newbiesPublished on 4 April 2014 by M. Hesketh
What I knew you could capture in aline but this was like opening pandora's box and finsding all manner of useful nuggests that I have used to good effect.Published on 2 Nov. 2013 by Paul Gerard Dalgleish
Got this book as am thinking of renting my property. Good basic information gives a starting point for further investigation.Published on 23 April 2013 by Badgermum
Made the minefield of renting out property understandable and easily the best I have read. I used it in conjunction with anotehr publication to be able to rent successfully at... Read morePublished on 12 Mar. 2013 by Keith
This book has really helped me solve a problem with a difficult tenant - recommended reading to all landlords -Published on 27 Dec. 2012 by Crowshott
This book was purchased as I will be renting out for the first time. It is very useful and tells you exactly how to go about it.Published on 28 Sept. 2011 by sharon
Great book, good to reference,would like to have seen more UK anicdotal referencing but a lot for any new comer to think about, a simple check list of what you need to do first and... Read morePublished on 14 Sept. 2011 by Ken