Top Tip For Property Investors
Managing costs to ensure a good return on your property is a sensible strategy for any investor to pursue. And keeping track of important paperwork is another. With one property, this is relatively easy to achieve on an ad hoc basis. But if you’re seeking to build a portfolio, we’d recommend you become a little more organised in your approach. Nobody wants to fall foul of a legal requirement without realising, or receive a surprise tax bill!
With those concerns in mind, therefore, we’d highly recommend you look at Arthur. Arthur is an online property management tool tailored specifically for investors running a portfolio. It facilitates automated rental invoicing, enables you to log maintenance and repairs, and keeps track of things like EPC and gas safety certificates. Plus it can store important documents such as tenancy agreements and references, and gather tenant information via online forms. It even enables you to list vacancies on your website and advertise on leading property sites.
However, if that isn’t enough for you… you’ll be glad to learn that it also links in with Xero or QuickBooks, so you can manage your cashflow very easily. Quite a package, eh? Mind you, we do admit that it hasn’t yet sussed how to make a cup of tea, but we reckon that our property investment clients enjoy savouring a cuppa with us from time to time instead.