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The Three R’s of Being a Successful Landlord

Risk reduction, Regulations and Responsibilities

There are more and more challenges facing landlords today. At Liberty Blue Estate Agents and Auctioneers, we’ve been helping landlords to manage their properties since 1997. We can help you to navigate the legal and practical elements of making a property rental work successfully as a business. 

Risk Reduction

What are the potential pitfalls when you are renting out property?

It starts with ensuring that the apartment or house is safe and fit for purpose – we can help with an initial inspection to let you know what changes might be needed before renting. 

Then it is crucial to find the right tenants and to have a proven process in place so that your rent is paid on time, every time. 

Regulations

Compliance with the legal regulations for renting is vital.

Our team keeps up to date at all times with changes in the rules that apply to landlords so that you can avoid falling foul of the law. 

Responsibilities

Property maintenance, emergency fixes and tenant changeovers are all part of renting out.

We have the processes and professional contacts to take care of every element of your responsibilities as a landlord for you. 

We know that being a landlord can be time consuming, frustrating and even overwhelming. When we manage your property for you, we use our experience and expertise to take the hassle away and let you get on with your life. And remember, our fees are tax deductible. 


My husband and I are more than happy with our extensive experiences with Liberty Blue Estate Agents. They have managed our rental property for us now for many years and have made our lives much easier by having their professional expertise and friendly help whenever needed. They go above and beyond to try to help run things smoothly.

– Margery Stapleton, landlord.

Liberty Blue Property Management Service Highlights

Better Rent Continuity and Cash Flow

Late rental payments are a no-go for landlords. That’s why we have perfected our processes so you can be certain that your rental

property operates smoothly. We use Splink online payment technology and we have a highly trained team  who are on the ball on your behalf.

Lower Maintenance and Repair Costs

Every property needs to be maintained and things do go wrong now and then. With more than 27 years’ experience, we know how to deal with repairs

and maintenance without blowing a fuse or the budget! Our system uses technology, streamlined communication and the best team of contractors and managers to keep costs at a minimum and tenant satisfaction at a maximum.
We have invested in FixFlo – the online tenant repair reporting system for our landlords and tenants. This app works to filter out issues that the tenant can resolve safely and easily and helps to process other reports for action, saving time and money for you.

Better Tenant
Retention

Good tenants are worth holding on to so we help you make sure that your property gets the right ones from the start.

We check their reliability rating through Planet Verify technology, where we gather the necessary information such as references. We carry out inspections twice annually and use an inspection app called inventory base. This enables us to carry out a thorough condition and safety inspection of your property. A detailed report with photographs and any necessary actions required is generated and a copy is sent to you.

Guidance on Regulation

At Liberty Blue Estate Agents we have the experience to help you navigate the regulations in place for renting out property.

For example, did you know that there are minimum standards to be met for rental properties? Check out the Residential Tenancies Board website – they have very clear information on this and lots of other topics too.
www.onestopshop.rtb.ie

Rental Valuations

We know how important it is to get the rental rate right from the start so that your costs are covered, the business is delivering a return and the tenants are happy to pay. 

There are lots of factors to consider from what is happening in the market to what regulations might affect the rate. 

We would be happy to help you to estimate the rental value of your property – just get in touch. 

  • A member of our team visits your property – raises any issues with you that need to be addressed before arranging
  • Photos to be taken to best represent the space. We are happy to arrange cleaning for you or take care of any minor maintenance issues.
  • We create an ad for your property and advertise it on Daft.ie, the property portal and on Libertyblue.ie
  • Prospective tenants are directed to complete a viewing application form.
  • Tenants are pre-checked through our Planet Verify app – we check personal identification and references securely.
  • A member of our team views the property with the prospective tenant.
  • If all is in order, we issue the letting agreement through the online encrypted platform and request the prospective tenant to sign.
  • The tenant pays one month’s rent as deposit and one month’s rent in advance through our secure online payment system, Splink.
  • We transfer any relevant utility accounts into the new tenant’s name.
  • Payment is automatically transferred to your nominated account by the agreed day of the month.
  • Ongoing maintenance issues are dealt with by us through our Fix Flo app and with our select team of professional contractors.
  • Inspections of the property are made twice annually by our team and a report is issued to you.

Checklist for Landlords

  • Arrange BER rating prior to letting
  • Annual boiler service
  • Fire Safety equipment – including fire blanket and extinguisher
  • Ensure smoke and heat detectors fully functional
  • Carbon Monoxide detectors
  • Clean and ready to view
  • Landlord property insurance
  • All appliances in good working order
  • Three sets of keys (one for our team and two for tenants)
  • Provision for garden maintenance, e.g. lawn mowing
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