Blog

26th September 2011

Do you receive 100% of your rent roll?

 

Do you think it’s possible to receive 100% of your rents due, every month?

Would you believe me if I said that in August my rents were 112.3% of the rent roll on my property portfolio?

Does that seem impossible to you? Well, there were a few one-off reasons.

Some of my properties received a double payment from the council (they pay every 28 days) so I got paid on both the 2^nd and 30^th of the month. A couple of direct debits due on the last day of the previous month (Sunday 31^st) hit the account on Monday 1^st. And a couple more are paying extra each month to catch up arrears from the past.

So in reality, my rents excluding the above were “only” 99.8% of the rent roll.

One month can be a bit misleading I admit, so let me share with you some historical figures:

 

·         Last 3 months: 103.2%

·         Last 6 months: 100.8%

·         Last 12 months: 100.5%

 

At NPG we also manage portfolios for other Landlords. Tim Lewis has 28 properties, and his rents received over the last 12 months are 104.1% of his rent roll.

 

If you’d like to know more about how to achieve rental returns like this for yourself, you can get a Free Report “99 Tips And Tricks To Maximise Your Rents”. You can also see proof of the figures as well (just in case you don't believe me!). Just click http://www.nationalpropertygroup.co.uk/reports