Is it a good idea to self manage? TV star now helping landlords decide

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TV star Paul Shamplina of Channel 5 Nightmare Tenants, Slum Landlords fame has launched a course for buy-to-let landlords to help them to decide whether to self-manage or not.

The course, which is available online, is aimed at relatively inexperienced operators who may be unsure whether they have the track record and knowledge to meet the week-to-week regulatory and practical responsibilities of running a rental property in the UK.

Shamplina’s course does not cost thousands but instead is just £39 for one and a half hours of training.

This will include all slides presented during the course as well as an extensive explanation of the regulatory requirements landlords must meet, the pros and cons of using a letting agency, what ‘full service’ property management entails, and also the ‘head or heart’ choices landlords face.

“I have spent many years presenting seminars, tutorials and more recently online webinars about the buy-to-let business but one of the most common questions I’m asked is ‘should I self-manage or not’,” Shamplina tells LandlordZONE.

He says that there are obvious examples where landlords can’t self-manage UK properties such as living overseas or having demanding full-time jobs, but that there are considerations for those somewhere in the middle.

“The consequences of getting the administrative basics wrong can be both expensive and hugely time consuming particularly if you need to evict tenancy, and my course sets out to clarify what this means in practice too.”

Landlords can sign up for the course direct via Shamplina’s new website.

Insight

Leading property expert Kate Faulkner (pictured), who has reviewed the course, says: “A landlord or aspiring landlord, or indeed letting agent, will benefit greatly by watching your presentation.

“To be successful as a landlord requires insight on many levels: this programme not only flags the knowledge requirements, it gives great insight into the key thinking and the psychology behind the practice. 

“Paul has again presented a refreshingly frank and honest discussion leaning on many years of his own and other professionals.”

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