Whether buying a property to rent out or thinking of renting your own property, BrightWater is here to help you along the way.
Whether it's your first time thinking about buy to let, you already own a large portfolio or you just require some friendly advice, BrightWater can provide the right lettings service for you.
We can help you with your research in finding the best area for your requirements, some investors are looking for a high yield and others are more interested in capital growth. We'll help you with that and advise you on the rental income you can expect, assessing whether that balances out with the investment you could be about to make.
As you would with any business, you need to plan and figure out what kind of money you could make.
We expect it's to create an income either for now or for retirement and build a valuable asset for the future. Your choice of agent could determine how successful you will be.
As property investors ourselves we know that attention to detail is key to achieving exceptional results. Our in house experts will hold your hand with property selection and helping you pick the right investment that will avoid costly void periods. They will advise you on preparing your property for letting, making sure it gets the best exposure possible.
Buying a property is only the first step. Will you rent it out yourself or get an agent to do so.
Agents will charge you a management fee, but will deal with any problems and have a good network of plumbers, electricians and other workers if things go wrong.
Select a shortlist of agents big and small and ask them what they can offer you.
It really pays to look after your tenants. Do this and they will look after your property.
The biggest drag on many buy-to-let landlord's investment returns is the void period. A time when you don't have anyone in the property. Good tenants who want to stay help avoid this - and if they move on they may even recommend your property to someone they know. Here at BrightWater we have a stringent renewal policy meaning voids are kept to a minimum.
Keep up with maintenance, make sure your property is a nice place to live and try and build a good personal relationship with your tenants.