Rule # 3 - Keep Your Figures Realistic
People
need a lot of money to afford a deposit at the moment, so many are
renting instead. This means there’s good demand for rental property, and
we lettings agents can rent most things, often for a premium.
However
at some point this will change. As such don’t assume that just because
you can currently rent a tatty property, that will always be the case,
and don’t assume because some estate agent is promising to get you £x in
rental, that it will rent at that price for ever.
Do your figures on a worst case scenario and you should end up with your expectations being exceeded, not unrealised.
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