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New Law Allows Tenants First Refusal on Sale of Property The Irish government has approved new legislation that grants tenants the right of first refusal when their rented home is put up for sale. This significant change in property law aims to provide more security for tenants and potentially increase homeownership opportunities. https://lnkd.in/ehsFsXCm

The Importance of Verifying Tenant Income As a landlord, one of the most critical steps to mitigate risk is confirming a prospective tenant's ability to pay rent. Before signing a lease, it's essential to require solid proof of income. This helps minimise the likelihood of missed payments or an early lease termination due to financial hardship down the road. https://lnkd.in/evtGGR74

Why Is Now a Great Time to Buy an Investment Property in Ireland? Ireland’s property market fundamentals are creating compelling opportunities for investors in rental accommodation, despite rising mortgage rates. Rapid population growth combined with an inadequate housing supply continues driving rents significantly higher across the country’s major cities. https://lnkd.in/eU3Jgk9b

One of the biggest decisions you’ll face as a property owner in Ireland is whether to sell or rent out your residential or commercial space. Both options have their own advantages and challenges, and the right choice depends on your specific circumstances and long-term goals. In this article, we’ll explore the key factors to consider when deciding between selling or renting your property. https://lnkd.in/eS8Nj4UM

How to Avoid Problem Tenants: A Landlord’s Guide Being a landlord can be a rewarding venture, but it also comes with its fair share of challenges – one of which is dealing with problem tenants. From late rent payments to property damage, problem tenants can cause significant headaches and financial losses. To help you navigate this minefield, we’ve compiled a list of practical tips to help you avoid problem tenants from the outset. https://lnkd.in/gAuyDtqz

At KPM Group, we understand the importance of promoting energy efficiency in rental properties. As a leading property management company in Dublin, we are committed to helping landlords implement strategies that not only benefit their tenants but also contribute to a greener environment. In this comprehensive guide, we will explore five top tips that landlords can adopt to reduce tenant energy usage and foster a more sustainable future.

Is Now a Good Time to Become a Commercial Landlord? The Irish commercial property market has seen its ups and downs over the past decade, leaving potential investors to wonder if the current climate is ideal for becoming a commercial landlord. With economic resilience and pent-up demand driving growth in various sectors, there are compelling reasons to explore this investment avenue. However, as with any investment, a measured approach backed by expert guidance is crucial. https://lnkd.in/eMFk6P5R

Landlord Insurance: Do you need it? As professional property managers, KPM Property Management understands the importance of protecting your investment properties. That’s why we strongly recommend our clients to have comprehensive landlord insurance in place. But what exactly is landlord insurance, and why do you need it? https://lnkd.in/ekEVBfR2

Everything You Need To Know About Rent Pressure Zones (RPZs) Rent pressure zones (RPZs), which have been in place to control rent increases, will be ending in December of this year. However, it’s crucial to understand how RPZs work and their implications for landlords until their expiration. One of the factors determining both the amount of rent landlords can initially charge and how much it can be increased over time is whether or not your property is located in a Rent Pressure Zone (RPZ). Breaching RPZ legislation may lead to a criminal conviction. https://lnkd.in/ezGbP3PE

The Essential Guide to Being a Landlord in 2024 As a landlord, staying up-to-date with the ever-changing regulations and best practices is crucial for success. 2024 brings new challenges and opportunities, and this guide will help you navigate the landscape with confidence. https://lnkd.in/ezY-zGpg