One challenge that every landlord faces is how to assess their portfolio cashflow.
Cashflow is the heartbeat of any business and this single piece of analysis tells you how well your property business is performing.
Only last week I was reading an article on the BBC website where they said property owners were preferring to reduce debt rather than having savings.
Figures from the Bank of England showed that in the last three months of 2010, the UK paid £7bn off its mortgage debt, the highest sum since records began in the early seventies.
I outlined ‘debt reduction’ as an important strategy for landlords last year. I said the worst thing a landlord could do in the low interest rate climate was to see the increased cashflow as a source of spending more extravagantly!
If you are content with your portfolio size then it makes sense to reduce the debt on your portfolio. This is particularly the case if:
- You can’t find any alternative high-return investments
- You want to reduce your debt amount so you can sleep soundly at night!
Personally I have focused on debt reduction as well as investing into other areas outside of property. Having said that I am still looking at ‘property deals’ and had two offers rejected last month.
Interest rates are widely expected to start increasing so managing your cashflow like a hawk is going to become more and more important. If you don’t then you may end up ‘unexpectedly’ falling into negative cashflow as the interest rate increases start to bite.
How are you managing your property cashflow and do you have a process/system in place for monitoring it? Thousands of landlords are benefitting from our ‘Cashflow Analysis’ report in Landlords Property Manager.
It shows your cashflow now and projected cashflow going forward so you are fully ware of the state of your portfolio.
Here is a short, 38 second demonstration on exactly what it shows!
Follow this link> http://bit.ly/flVysn
Want to Get Better Organised and Boost Cashflow?
Streamline your property business so you can do more in 2011.
Copy This link http://www.propertyportfoliosoftware.co.uk/ to see the new benefits and time saving features of Landlords Property Manager Version 8.
Over the last 20 years, AFS has been the home of student accommodation.
Throughout this period we have always offered the full range of student
accommodation and featured over 200,000 student houses on the site in every
University City in the UK.
There has been a big rise in company landlord numbers which have reached their highest level since 2011, according to research.
Real estate firm Hamptons International says that 12% of rental homes in the first half of this year were let by a company landlord.
That's up from
Plans to introduce rent controls in London along with a bid to reform the capital's lettings sector have been criticised by leading organisations.
The Residential Landlords' Association (RLA) says that London Mayor Sadiq Khan's plans for powers to reduce rents and carry out a t
Research has revealed that areas with high crime rates tend to deliver higher rental yields for landlords.
The findings from a national lettings platform looked at how crime rates impact on yields and found that the landlord's returns will increase along with the level of crime
Unless the government's promise to open up the 'Rogue Landlords' database to tenants comes with enforcement action, it will be a pointless exercise, one organisation warns.
The National Landlords' Association is responding to a consultation unveiled by the Ministry of Housing,
The costs of being a landlord in the UK have been revealed with landlords spending thousands of pounds every year on their properties.
The research from LV= General Insurance found that landlords are each spending an average of £3,134 on their properties which amounts to nearly
There has been a big increase in demand from tenants after the tenant fee ban was introduced, figures reveal.
According to data published by Rightmove, tenants who are looking for a new rental home grew by 7% between May and June, that is seven times higher than the previous fo
In the month before the Tenant Fees ban came into force, rents across the UK grew, a report reveals.
The Royal Institution of Chartered Surveyors (RICS) also says that tenant demand has increased slightly for five months in a row.
However, they also say there has been a fal
More than a quarter of landlords have confessed they do not understand changes that have been introduced to the market, research reveals.
The findings from Market Financial Solutions is aimed at financial advisers so they can warn their buy to let clients who may be struggling
There has been a steep rise in the number of tenants aged over 50 who are renting their homes, new research reveals.
Hamptons International says that so far this year, around 15% of rented homes are made up of people who are aged over 50. In 2012, that figure was just 11%.
Four in 10 tenants are said to be stuck with a landlord who will refuse to repair their problem-ridden properties, research has revealed.
The findings from the HomeOwners' Alliance highlights that tenants are being left in damp, cold properties with a landlord who is unwilling
Tenants will save £192 million every year under the Tenant Fees ban, research reveals.
The findings from Bunk, a rental platform, used government data to analyse the 860,000 new rent transactions that are carried out every year, with the average tenant having to fork out £223
The government is introducing big changes to the Universal Credit system which will now see a tenant's rent being paid directly to their landlord.
The controversial benefit currently sees a tenant being responsible for making their own rent payments to their landlord.