View Single Post
  #37   Report Post  
Posted to uk.d-i-y
tony sayer tony sayer is offline
external usenet poster
 
Posts: 6,896
Default "Hello sir ! I was just in the area ...

Wise words...

Normal people (particularly ones who have at some point been tenants) at
least have a basic understanding of the domestic market - what's
expected, "would I live there" and rental rates (easily checked by a
rummage on Zoopla etc).

Vetting new tenants is a fairly well understood process as is dealing
with them when they default (acknowledged that sometimes this is not
always easy, back to good vetting in the first place).

I would not have a clue about commercial[1] - except that I see a lot of
commercial property sit empty for long periods.


Yes why does that happen?, we were looking at a unit in Cambridge around
8 years ago for a customer only problem was it was too large.

Its still empty and still up for letting..



[1] Perhaps shops. They might be OK. But again, many can sit empty for
long periods and shops almost always want to remodel and fit upon moving
in, a problem domestic tenants don't raise.




--
Tony Sayer