Have you ever made the same mistake I did – and set the rent too high?
I remember when one of my first properties became vacant some years ago. I carefully researched the local rental levels on Rightmove and all the 3 bedroom properties were marketed at between £575 and £599 per month. Mine was in good condition so I asked £599. Several viewings and three weeks later I secured a new tenant, who moved in a month after that, and I congratulated myself on doing such a good job. Continue reading Portfolio landlord reveals secret strategy to reduce voids