Niqui Keen discusses some things to start thinking about after you have bought a rental property.
What type of tenant do you want to market to? Are you ok with the tenant having flat mates? You will need the appropriate terms in your tenancy agreement to cater for this.
Also you should think about rental cycles. Peaks in demand for tenancy can change during the year. An example would be taking the academic calender into consideration when renting to students.
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