Helping you to make the most of your property investment and avoid the pitfalls of buy-to-let!

At Discount Landlord we talk to both professional and amateur landlords on a daily basis and we asked them to share their best buy-to-let advice with us.

Below are some of our favourite words of wisdom received so far:

“Make sure you get to know all the laws before you rent the property out as it is your responsibility.” Morgan Gould 03 / 02 / 2017

“Provide as little as possible! Most tenants expect a fridge, washing machine and an oven, but you do not have to provide things like a dishwasher or a tumble dryer, unless of course you want to. Electrical goods tend to break more often and quite easily, this means extra costs.” Joe Richards 12 / 02 / 2017

“Stay organised and write down dates like when your tenant’s contract is expiring or the Gas Safety Certificate. Don’t leave things until the last minute, as sometimes they might take longer to sort out than you think.” Isaac Lucas 22 / 03 / 2017

“Give your tenants contacts. If you have a trusted plumber, electrician or a handyman feel free to give their numbers to your tenants so they can organize repairs themselves if you are not available, just ensure they are aware if the fault is caused by them, they will have to pay. ” Amy Brown 14 / 04 / 2017

“If you’re worried about your tenants not paying rent ask for a guarantor. Normally someone who is in full time employment is good to fall back on and ideally credit check them.” Jasmine Quinn 30 / 04 / 2017

“Service your boiler, do it when you have your annual gas safety check, a cost of only £60-£75 it can save you a lot of money in the long run.” Kiera Dale 19 / 05 / 2017

“Do not set your rent too high; it is better to have your property rented out with a modest rent than it standing empty. ” Aimee Shah 27 / 05 / 2017

“Make sure you give your tenants the Gas Safety Certificate and Energy Performance Certificates at the start of the tenancy. ” Benjamin Shepherd 05 / 06 / 2017

“Make sure you have working fire alarms on every floor of the building as well as carbon monoxide detectors in every room which has a solid fuel source.” Tom Gallagher 06 / 06 / 2017

“Regularly check your property if possible, so you’re not left with a nasty surprise when your tenants move out!” Carol Bing 20 / 09 / 2016

“If your tenants need some work doing to the property, help them out as soon as you can – this will help keep a good relationship between you.” Marc Kearns 20 / 09 / 2016

“Schedule a time convenient with your tenants and assess if any work needs to be done to the property before the winter weather comes around so you can prevent any accidental damage.” Thomas Wilde 16 / 09 / 2016

““Never make the mistake of letting tenants in to your home without a formal tenancy agreement in place.” Fern Drake 15 / 09 / 2016

“Reference your tenants! It may seem unnecessary, but it can save you a lot of money in the long run, particularly if your tenants turn out to be rogue!” Sarah Garrett 12 / 09 / 2016

“Do not buy a property if you want to let it in a run down area!” Felicity Williams 01 / 09 / 2014

“Always walk round with the tenants when they move in, take pictures of each room with the date displayed on the pic. If there is dispute on any damage/condition of something you have evidence.” Lexy Law 31 / 08 / 2014

“Allow pets in your rental property, it makes it much more attractive to people looking for a nice lifestyle.” Suzi Tennant 31 / 08 / 2014

“Test out the transport links in your potential buying area. Location, location, location really is true but if you are buying somewhere that is still up and coming, good local accessible and safe transport links will make your property more attractive.” Lindsey Clark 31 / 08 / 2014

“Buy a good quality kitchen - it is tempting to put in cheap and cheerful, but it just costs you more in the long run. The kitchen always gets a lot of wear and tear!” Liz Ferguson 31 / 08 / 2014

“Invest money on a good quality Kitchen and Bathroom and it should last years rather than the cheap options on the market” Sylvia Gill 31 / 08 / 2014

“Have roller blinds put in to the property and curtain poles if student let state no blankets up at windows as this makes the property look awful!” Pamela Cooper 31 / 08 / 2014

“Double-check all paperwork created and obtained on your behalf by a letting agent. Their silly mistakes could cost you dear.” Rachel Harding 26 / 08 / 2014

“Even if renting through an agency, invest the time of attending the check-out of leaving tenants in order to ensure the property as it was at check in.” Dean Blackburn 25 / 08 / 2014

“Make sure that your estate agent or you puts the tenants deposit into a tenancy deposit scheme. Our estate agent didn't do this & us and our tenant are out of pocket as he went bankrupt.” Nicola Friend 19 / 08 / 2014

“Always rent out a house in the way that you would like to rent it - ie if it’s a mess, you wouldn’t want to rent it yourselves” Tina Cleveland 16 / 08 / 2014

“Ensure you save Discount Landlords Insurance to your mobile for your Buy-to-Let properties as it will save you hundreds of pounds as well as time looking for the cheapest quotes with excellent service. Their staff are so professional and helpful.” Kim Sommerville 16 / 08 / 2014

“Trust your gut. Even if the references are good if it doesn't feel right don't do it. Always choose tenants your happy with as there in your property after all. ” Abbygayle May 12 / 08 / 2014

“Make sure that you have an inclusive list of tradesmen for all repair work that might feasibly need doing, even if your property is managed by an agent. In last February's horrendous storms I had glass broken, fences damaged, slates blown off and a tree to remove. ” Milli, Millward 10 / 08 / 2014

If you have any advice that you would like to share with your fellow landlords then please get in touch by using one of the following: