What makes a successful landlord Jazz Gakhal

DL4B's Landlord Video Guide Pt 1: What makes a successful landlord

Direct Line for Business looks after nearly 200,000 landlords across the UK and as a result, the insurer’s director Jazz Gakhal has a unique view of what makes a successful landlord.

Jazz speaks to property expert Kate Faulkner and unveils her top tips to being a successful landlord:

  • Make sure you treat your property [or properties] like a business – treat your rental income as revenue and always look to maximise this revenue and minimise costs.
  • Put enough money aside to maintain your property - your tenants are more likely to stay put if your keeping it in good condition. 
  • Minimise risk. If you can, buy a property at a discount so you can create some profit on purchase. Make sure you work with experts in lettings, finance and tax who understand how to let a property legally and have the right insurance in place.

Check out more of DL4B's Landlord Video Guide:

DL4B's Landlord Video Guide Pt 2: The top three problems landlords make claims for 

DL4B's Landlord Video Guide Pt 3: What happens when you make a claim

DL4B's Landlord Video Guide Pt 4: Busting the myths of insurance

DL4B's Landlord Video Guide Pt 5: Why landlords need public and property owner’s insurance

Landlord Insurance Kate Faulkner Video

Last Updated: 27 Jan 2016