Managing a property comes with its fair share of challenges. For some, that can be an exciting opportunity, while for others it’s little more than a headache. Fortunately, if you’re in that second camp, there is a simple solution, and its name is guaranteed rent for landlords.
To explain why guaranteed rent properties are becoming so popular, it’s important to understand the challenges many landlords face. Anyone who’s ever managed a property will know that there’s always more admin than you’re expecting. Add to that the prevalence of unplanned expenses and the occasional unpaid rent, and you’ve got yourself the makings of a full-time job.
For some, this isn’t an issue. There are plenty of young landlords who make a career out of owning property and, in doing so, learn to operate like a well-oiled machine. After all, economies of scale dictate that doing all that work for two, three, or even four properties is not that much more challenging than doing it for one.
That said, not all landlords are looking for a full-time job.
The term accidental landlords refers to people who have either inherited property or bought it as a form of investment. These people are now faced with a difficult dilemma. If they want to make the most of the property, then they’re going to need to rent it out but they don’t necessarily want the challenges that come with being a landlord full-time.
This is where guaranteed rent comes in. Guaranteed rent is perfect for more casual or accidental landlords because it minimises hassle while ensuring safe, consistent, and regular income.
Guaranteed rent for landlords means that you can transfer your property to an experienced management company who’ll take on the full-time work of running the place.
Here at LTA Direct, we’ve got lots of experience in managing properties. We also keep a close eye on the market, ensuring that we can maximise profits. You won’t ever have to worry about unpaid rent or maintenance costs because we’ll cover all of it. We take on all the difficult responsibilities, allowing you to generate truly passive income.
So if you’re looking to retire from the world of full-time work and let the profits take care of themselves, then contact LTA Direct today by emailing info@ltadirect.com or calling 0203 355 1525.
