As a fast and chain-free way to start or add to your lettings portfolio, buying a tenanted property can be an attractive proposition. Usually, when you buy a property to rent out, you’ll need to have it cleaned, fix any repairs, get it on the market, show people around, take up references and create a tenancy agreement before seeing any income. But that’s all taken care of when the property you buy already has a tenant.  However, you’ll also inherit every outstanding responsibility of the previous landlord, and you need to be sure that the property and tenancy are all they seem. Do the figures stack up? Are you happy with the tenant? Will you be taking on unresolved problems or disputes?  

Join Lettings Director Richard Cook and one of the UK’s most successful Estate Agents, Jim Parker (who will more than likely share some of his unique insight), this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.   Watch/read/listen: https://www.fifeproperties.co.uk/blog/sold-with-tenants-your-landlord-checklist-for-buying-a-tenanted-property/

#FifeLandlords #BuyToLet #FifeInvestors #Buying #Lettings #InstantIncome #Selling #SoldWithTenants

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