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  • Property-a-holics

    I've changed my property mind on two issues

    Adam

    we are on the same hymn sheet mate .

    sounds like you got a good deal here and worth considering putting whites goods in situ.

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    I got in touch with AO.com and they've got 3 under counter fridges, and 3 under counter freezers for £1k (hoover). The extended warranty looks pretty good as well so I'll probably end up going for that. They have a special Landlords/multi-buy phone line and the guy was very good.

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    I stopped doing white goods some years ago as they are costly and often don't get treated well by tenants.
    If a tenant leaves any white goods in a property when they leave  then I sell them to the new tenant for £1 each, and get a receipt to prove the new owner is now responsible for the articles.....thus absolving me of any responsibility for them.

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    I also do not supply white goods as a matter of policy. If there is (say) a washing machine in the property when the tenancy starts I either sell it to tenants or leave it off the inventory. Then when it breaks down I say "What washing machine? Please check your inventory." Makes for such an easier life.

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    Thank you for sharing Vanessa, I think as we all go along our views and experiences change and develop, it’s good to share them. With most things in life effort has to be put in and sacrifices made before reaping the rewards and reflecting on your hard work. Glad you are now reflecting on that and feel better.

    I like your comment DL “But if something works for others and it's profitable, bash on ...” rightly so if something works for you personally don’t be put off by other opinions do what is always best for you.

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    Transparency notice: OneandOnlyPro is a commercial partner of Property Tribes.

    I see your point on both of these, but I would suggest that the two don't necessarily go well together. Let me explain.

    I am currently giving one of my BTLs a major facelift between tenancies. My letting agent offered to assemble quotes to save time, but apart from taking ages it turned out some of them were  astronomical.

    Luckily I only live 45 minutes away so I've taken things on myself. Long story short I've saved a fortune and several weeks of void. Their roofer wanted to charge £4,550 to take the entire roof off and replace it, allegedly because "the joists are off". When I saw him face to face he admitted there was nothing wrong with the joists, the roof was on the old side but he could sort out the leaks for £1,500. But I'd have to wait three weeks. Saw some other contractors and the bill is now £460 + a one week wait.

    I had someone recommend replacing the entire kitchen but having spent a good couple of cups of tea contemplating it myself, it turns out the units are perfect but the worktops and splashbacks are depressing and scratched, one section of tiling has had it and the door handles need a good soaking in oven cleaner. Again, this will all be sorted for 10% of the original estimate.

    Their decorators wanted £2,500. Mine want £800 plus me getting the paint in.

    While I was waiting for one contractor to arrive I popped down to Screwfix, got a £10 bathroom fan and swapped out the dud one, probably saving another £60-£100. And yes I know we aim to be hands-off but that was 5 minutes work.

    So my point is, yes, do keep properties in tip-top condition (as long as the payback periods stack up, and don't forget to factor in the cost of any lengthening of voids and the cost of money) - but try doing all this by distance and it's very much more precarious to avoid getting fleeced, and sitting on an empty property for months.

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    All the best

    Andy