Do I Need to Hire a Property Management Company?
Becoming a Landlord can be a very rewarding experience. More often than not your investment will return a steady flow of income. This unfortunately isn’t always the case as some landlords end up with tenants who don’t pay their rent on time, or damage the property resulting in costly repairs. It’s at this point most […]
When can a landlord refuse to return a deposit?
When a landlord refuses to return a deposit there must be a legitimate reason as to why. The most common reasons are a rent issue or the tenant, or the tenants, friends, family or guests have in some way damaged the property. In Ireland, it is now a legal requirement that landlords subscribe to a […]
Landlord Tips: Owner Management Companies
So what exactly are these Owner Management Companies you keep hearing about as a new landlord? If you buy a property in a multi-unit development, an Owners Management Company (OMC) legally owns the common areas in that development. These common areas and related services can be internal, external or structural. Membership of an OMC When […]
Landlords & Homeowners to take hit as ECB hikes interest rates
An expected 250,000 homeowners are to be hit by the ECB’s recent decision to increase interest rates by 0.5%, with tracker mortgages to be hit first. A rise in variable interest loans is also on the cards, but not expected from banks for another few weeks. Rush to lock in fixed rates Many now expect […]
Up to €50,000 in Grants available to refurbish vacant properties
As of this week, grants of up to €50,000 will become available to owner-occupiers and first-time buyers to refurbish derelict and vacant homes in towns & villages around the country. The government has created the €50 million fund to “support” people to live in towns and villages in Ireland by providing this grant to refurbish […]
Landlord Tips: Top 10 Tax Deductions
That time of year is fast approaching again and we will all need to file our tax returns. As a landlord there are many tax deductible expenses such as management fees and mortgage interest payments. Let’s take a look at the top ten tax deductible expenses for landlords in Ireland. Registration Fees As of this […]
Is it Worth Hiring a Property Management Company?
A successful rental property portfolio can provide many advantages for investors, like regular income and tax benefits to inflation protection, which at the moment is more apparent than ever. But there can be many headaches to deal with along the way, which is where a solid property management company comes in. What does a Property […]
Landlord Tips: 9 Questions You Should Be Asking Potential Renters
As a landlord, you should have a standard set of questions to ask any prospective renter in order to make sure you are getting the right tenants. These questions should be the same for every tenant to help expedite the process. Here are 9 essential questions to ask prospective tenants. Why Are You Moving? Ideal […]
Landlord Tips: Commercial Property
If you are a first-time commercial landlord then read on for some tips and advice about commercial letting in Ireland. There is quite a bit to cover so we’ll jump straight into some main points. Tenant Screening A common mistake among Commercial and Residential first-time landlords alike is being too eager to get the property […]
AirBnB to Block Unregistered Landlords
Last week we spoke of the new regulations coming into effect soon that hopes to curb the amount of properties that are ending up on short term letting platforms like AirBnB and others. In response to the current situation, AirBnB has suggested the Government should go even further. Regulations Recently the Government announced tighter regulations […]
