Entering the Irish rental market as a landlord - opportunities and pitfalls

In this episode we speak with Property Specialist Lisa O'Reilly of LOR Property Solutions about the pitfalls and opportunities for landlords in the Irish market. This episode is for you if you are considering renting property in Ireland and unsure of the issues/opportunities in this space.

Segment 1: Rent Caps Irish rental market overview. Explanation of rent caps and how they affect landlords. Understanding the Residential Tenancies Act. Tips for staying compliant with rent caps.

Segment 2: Finding the right property factors to consider when choosing an investment property. Location, location, location: Exploring ideal areas for investment. Types of properties popular with renters. Working with local real estate agents.

Segment 3: Tenant's Rights An overview of tenants' rights and protections in Ireland. The importance of a well-drafted lease agreement. Handling tenant complaints and issues professionally. Eviction laws and the eviction process in Ireland.

Segment 4: Registrations The legal obligations of landlords in Ireland. Registering with the Residential Tenancies Board (RTB). Maintaining records and documentation. Penalties for non-compliance.

Segment 5: Tax Tips and Rules Understanding Irish taxation for landlords. Deductible expenses and tax benefits. Capital gains tax implications. Professional advice and tax planning.

Segment 6: How Lisa's company - LOR Property Solutions Can Assist - The Model They Offer The benefits of joining a landlord association. LOR's resources, support, and educational opportunities. How LOR can help you navigate the Irish rental market.

Segment 7: Rates of Return Calculating your return on investment (ROI). Factors affecting rental income and ROI. Long-term vs. short-term rentals. Maximizing profits while providing quality housing. It's no secret that the Irish rental market can be both rewarding and challenging, but with the right knowledge and support, you can make the most of your investment.

If you have any questions or would like to learn more about specific topics covered in this episode, feel free to reach out to us or contact Lisa directly via her website https://lorpropertysolutions.ie/

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