Intercity-Accommodation.co.uk is intercity accommodation uk

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Intercity Accommodation Flats to Rent in Leeds Rented rental renting apartment let flats and houses to rent in leeds west yorkshire ls6 4bg uk

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Intercity Accommodation has been established since 1980. We do not sell properties nor do we sell any financial products. Consequently our experience of the letting market and knowledge of the Housing Acts 1988 & 2004 is not diverted in any way. Our levels of service are maintained by our policy of strictly limiting the numbers the numbers of properties managed at any one time.

Since 1980 our occupancy rates have averaged at over 90 percent per annum with prospective tenants currently being referred to our offices by the Housing Advice Center, Leeds City Council, the Tourist Board and the Trading Standards Department to name but a few. A judicious allocation of our annual advertising budget attracts a sustained level of inquiries throughout the year.

Many people are renting properties for the first time and there may be questions that are particular to your circumstances that you need assistance with, or perhaps you simply want a general outline of our industry or a certain point explaining a bit more. Please do not feel that by asking questions that you are wasting our time. You may in fact be highlighting an issue that has not occurred previously thereby helping us to avoid any similar confusion in the future.

Investing in real estate is a great way to increase your wealth through capital apprecation. However, if you are interested in buying and renting residential properties there are several things to consider. Being a landlord can be extremely stressful and expensive if you have managed to invest in property which has not been well maintained. In this article, we will discussion the benefits and risks of renting out residential real estate.

One of the biggest benefits to renting property is that it is very lucrative. Not only are you making an income each month you also possess a real physical asset which is quite different then owning stock you will never be able to see or touch.

Many people just are not comfortable owning something they can no see. In the recent decades, many people have decided not to invest in the stock market and place all their money into real estate. Who could resist! With rapidly increasing prices, high demand, and almost no risk – the benefits are obvious.

Rental real estate gives you a monthly income. Property also increases in value and your capital appreciates each year. Real estate is one of the few investments that do extremely well in time of increase inflation.

Remember, rental real estate can also be purchased with borrowed money and this is called leverage. For almost no money down an investor can own and rent a large residential property like condos or apartments. If your rental properties cost you more then you received in income from them, the profit is tax free. Once there is equity in your residential property, you can apply for a home equity loan and use that money to invest with.

There are also several risks associated with rental properties. First and foremost you are liability for any injuries which take place on the property. If a visitor breaks a finger in a door, you have to pay for it. Not only that but you are subject to lawsuits which will be suing for not just the injury but emotional distress. This is why it is extremely important that all of your properties meet government building and living standards.

There are always unexpected expenses. Apartments flood, walls get cracks, and foundations leak. They are all your responsibility. On top of that you have to deal with tenants. Ninety percent of your tenants will be great people who mind their own business but the other 10% will make you want to rip your hair out.

In case you are the owner of a property that you wish to rent to an interested prospective tenant, you have to decide which would be the best way to make your rental property most appealing to potential renters. Real estate agents support that there are several ways in which this can be done.

- There is always the solution of furnishing your rental property. Many landlords decide that this is the best possible way to increase the rental agreement on their property and if they do have furniture in excess, it is actually a convenient way to store them and make profit from their use by the tenant. In case this sounds like something you would be interested in doing, you have to make sure that your rental property is in excellent condition and that the phone jack on the wall and other appliances are in perfect shape.

- There is also the option of partly furnishing your property. This method will appeal to renters who are interested in finding a house that is not packed with furniture that do not match and that they want to bring in some of their own. But it is always a good idea to offer a nice quality couch, bed, mattress, drawers and kitchen appliances. Nice looking furniture will make your property much more appealing to potential renters and will help you securing the rent you wish to receive every month.

- Do not forget that your property has to be shown to its potential residents clean. Everything has to be as clean as possible and especially the kitchen appliance, cupboards along with the bathroom have to be in great shape. Consider hiring a professional team to do the cleaning and remember that in most cases, providing a clean apartment is among your responsibilities as the rental's lawful owner.

- Repair ceilings, kitchen cabinets, existing wallpaper, closets and doors. Make sure your contractor will take care of your bathroom damages and ask him to replace the bathroom tiles that have been damaged by the previous tenants or owners. Installing a new bathroom curtain and brand new hooks can further assist your efforts of renting it at the price range you have in mind.

- Repaint with the right light colors the walls of the residence and get rid off difficult to handle paints.

- Increase the existing lighting and replace old blinds with bright new ones.

- Take care of the things the previous owner or tenant has left inside the house and if you are thinking of using some or all of them to furnish the house make sure you write down what you are leaving in there and what type of furniture are missing and your tenant wil probably request you to supply.

- Shampoo carpets and for deep cleaning that helps reduce the allergens and the odors caused by dust mites, pollen, dust and pet dander. It generally advisable to deeply clean your carpets so as to brighten and deodorize their surface.

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