One fantastic solution is the net guaranteed, long term rental schemes offered by a selection of elite property companies. These schemes involve the company completely taking over every aspect of letting your property - finding tenants, rent collection, dealing with maintenance issues and organising regulatory inspections. You, as a landlord, get to reap the benefits of owning your property without the hassles associated with it - and all the time collecting a guaranteed rental income every month.

One of the biggest bonuses for using as program such as this right now, is that whilst gross rentals are so high, you will be in a position to negotiate an excellent guaranteed net rental figure for your property. This has the added advantage that the scheme covers periods between tenancies, so you can enjoy the near-record levels of rental returns even when your property is vacant!

Guaranteed letting programs also assist landlords experiencing other issues:-

* Dealing with tenants is lost time, and lost time represents lost income. Under a net guaranteed rental scheme, you no longer need to have any contact with your tenants.

* Using the services of inefficient management companies is not only frustrating, but also affects your cashflow. If you have no control over management charges and maintenance costs, your long term profitability will be under strain no matter how high rental rates rise! These programs take care of all of that.

* Reluctant and accidental landlords will be delighted to learn that net guaranteed long lease letting schemes are completely hands free. You have no involvement whatsoever, other than checking your bank statement each month to ensure that your funds have been received.

The programs work by guaranteeing the landlord a net figure of between 70% and 80% of the gross rental market value. Thereafter, all the costs associated with the property (and the time it takes to organise repairs and inspections) are taken care of. When you add up every penny and every moment of your time spent taking care of your investment, the net income you receive will usually surpass your gross less costs. Plus you get instant relief from the stresses and headaches of being a landlord.

Locking in the high rental yields currently available through a net guaranteed long lease rental scheme will ensure that your property remains a positive investment, no matter what happens to the economy in the long term.

Guaranteed net, long lease letting schemes work in such a way that you never need have contact with any of the normal sources of inconvenience or costs associated with them. A specialised property company can take over your property and be responsible for organising tenants, collecting rent, providing maintenance services and, most important of all, paying you a guaranteed fixed sum every month - even when the property is vacant.
Although the net amount you receive may be less than the gross rent you would have collected previously, gone are all those expensive maintenance costs, the time it takes to organise repairs and safety checks, and all contact with your tenants. Therefore, not only may you be better off financially, but you will have more time on your hands and less stress in your life.

This completely hassle-free service is of particular benefit to people who find themselves as accidental or reluctant landlords, but can also be of value to landlords who have an extensive portfolio of rented accommodation. For this category of landlord, the best scenario is to approach a specialised long lease letting company offering your least cost-effective properties, in order that you can test drive the service and thereafter increase the volume of business you give them over a period of time - once they have proven to you that their service is as good as they claim it to be.

There are other areas too, where a net guaranteed rental scheme can be a blessing:-

* Where you constantly experience problems with late paying tenants.

* Where you retain a management company that creates more problems than it solves.

* Where your properties are in an area with a large itinerant workforce - often leaving voids in your tenancies.

* Where having so many properties creates such a headache for you, that you would rather leave some empty and lose the income, than have the hassle of filling and maintaining them.

Net guaranteed rental schemes are becoming an increasingly popular long term solution to the problems associated with long lease letting, and it is worth a few minutes of any landlords time to find out more about them.

A small number of innovative companies have appeared, offering guaranteed net rental schemes for landlords willing to sign their properties over on a long lease basis. There appear to be so many benefits attached to these schemes, it is difficult to know where to begin. The first one, in the context of my opening paragraph, would be that there is no more contact with tenants or letting agents. Once you agree to the company taking over the lease, they handle all of the hassle relating to finding a tenant, collecting the rent, maintaining the property and dealing with any payments. No more telephone calls, no letters in the post and government can jolly well do what they like, because my income is guaranteed for the foreseeable future.

One of the more exceptional bonuses of the scheme is that the guarantee covers any time when the property is between tenancies so, no more rental voids and consequent lack of revenue. I was also very keen on the fact that the maintenance, inspection visits and utility bills are also taken care of by the leasing company and that I now have a completely hands-free investment earning me money rather than causing me continual headaches. Good news indeed!

Obviously, I have done a fair amount of research into these schemes and there is the Doubting Thomas (also known as Mrs Darraugh) who insists that if it seems too good to be true, then it usually is. However, having calculated the income from the guaranteed net rental scheme against the costs and time (and grief) that I will be saving, I honestly believe that I will be far better off financially.

My only problem was going to be how I would spend all the additional time I had on my hands. Apparently, Mrs Darraugh has organised plans for me already. Oh well. Maybe it is not all good news after all!

There are a growing number of innovative property companies who are now offering landlords guaranteed net rental schemes on a long lease basis. These companies take care of finding a tenant for your property, deal with maintenance issues on your behalf and cope with all the hassle. They even pay you on time if the tenant is late with the rent or there is a void in occupancy. It all sounds like a wonderful idea, but what are the snags?

Well, none really. The difference in the gross income that you would have received and net rental on offer is accounted for in the ongoing costs of maintaining the property, charges, fees and so forth. The major difference between this scheme and anything available through a property management company is that you receive a guaranteed sum of money, irrespective of whether your property is tenanted or vacant and regardless of how many repair or maintenance costs there are. There is no contact with the tenants or worrying about ongoing expenses this is a completely hassle-free solution and a dream come true for many of us.

The fantastic benefit for landlords who have multiple properties on the market is that you can place your least cost effective properties with the company to test-drive them first, and then increase the size of your portfolio in their care to allow you more time (and often more money) to pursue other projects. There are other benefits too if you are in any of the following situations:

* If you are experiencing problems with late-paying tenants.

* If you are a location with an itinerant workforce creating voids in occupancy

* If your management company is finding more problems than you would like, or paying you later than you want.

* If the complexities of having so many properties mean that it is easier to leave some vacant than go through the grief of managing them.

These guaranteed long lease rental schemes are ideal for anybody who finds being a landlord a problem particularly accidental or reluctant landlords who have acquired their properties through inheritance and they get rid of all our insecurities about how long our tenants will stay. At last, a suitable long lease letting option!

* Hassle from Tenants

* Inflated Agents Fees

* Tenants not paying the rent on time

* Problems relating to property upkeep and repairs

* Voids between tenancies (the average is 6 income-less weeks per year)

If we all had a limitless amount of time and money, no doubt we would be handling all these problems ourselves. In a perfect world, we would have the greatest tenants, who always paid on time, never damaged anything and always gave us plenty of notice when they were leaving or better still, never left. We would handle all the maintenance ourselves the instant it was needed and never, ever get ripped off by unscrupulous letting agents. Sadly, we are a long way from this Utopian scenario, but there is a solution for landlords who have insufficient time on their hands to deal with the ever increasing complexity of letting residential property.

There are a small number of innovative companies appearing who offer rental solutions for landlords and who will take over every aspect of the lessor/tenant relationship including responsibility for any tenancy voids. Their services go way beyond what a management company can offer, in the respect that they will arrange a fixed net, guaranteed rental with you, and take care of your tenants, the maintenance, the bills and all those unexpected issues that seem to crop up all too frequently.

These are completely hassle-free solutions which could revolutionize the way that in which letting a property is transacted in the future. They are ideal for accidental or reluctant landlords, and those who feel trapped by their existing arrangements. The schemes are normally arranged to cover periods of five years, but can be extended by mutual consent, and all throughout the term, participating landlords would be receiving a guaranteed net income that should be equivalent at least to the amount they would have received if they had done it all themselves.

I suggest that landlords in all situations look out for companies offering these long term solutions as they become more prevalent and established, for it seems as if Utopia may be just around the corner and maybe coming to a corner near you!

There services may be suitable for you if you are fed up dealing with tenants, or do not have time/money to arrange for property maintenance.

In short, there are companies that offer long lease lettings to landlords and who will maintain your property and pay rent that is guaranteed and you are not charged anything. The scheme works by the company paying you around 70% to 80% in cash for the property, even though there is a reduction in the price you do not lose out, as with the difference the company looks after the property for you and ensures that it remains in good repair. This means that the rental money you get is all yours, there is nothing taken out of it. Plus you never have to worry again where to get the money or find the time to take care of maintenance costs that often turn up when you least expect them.

A scheme that works for everyone

Long leases work in two ways, the first is that the company is assured tenants are not going to leave the property as they find tenants wanting to rent over the long term and second the tenants have the security of knowing they have a home. When tenants feel secure, they are more likely to take great care of the property and so the company does not have the worry of high maintenance costs.

Companies offering long lease letting schemes tend to offer long-term tenants the option of being able to purchase their home at some point, which again works for all parties. Landlords are able to benefit by the company finding tenants that want long term leases, there are no management costs and landlords do not even have to have contact with tenants themselves, as the chosen company takes this over. The many challenges that landlords are faced with are thereby avoided. If you are worried about voids in tenancy or are fed up with high maintenance costs, then long lease letting schemes may be the ideal choice.

The benefits to the landlord

Such a scheme may be ideal of anyone who struggles to keep tenants for the property or who are struggling to find tenants, as the company finds tenants wishing to rent over the long term and who will therefore look after the property and not let the landlord down when it comes to rent. Here are some of the many benefits you as a landlord are able to look forward to:

* Avoiding conflicts with tenants;

* You have no more bills to pay out of your own pocket for maintenance;

* There are no more voids that cause you considerable expense;

* You are able to avoid any problems and unforeseen events;

* You do not have to worry about rent arrears.

If you wish to save yourself a great deal of stress and strain a guaranteed long lease rent scheme may be the ideal solution with all the benefits. Consider entering into a guaranteed rental agreement between three and ten years with no costs to you.

* Late rent payments from tenants;

* Dealing with tenants who are in arrears;

* Struggling to find tenants or having problems keeping them;

* Being called out for maintenance at any time;

* Paying out for maintenance costs;

* Paying fees to a letting agent who does not lift a finger to help you

A letting agent and a company offering a long lease lettings scheme are two different things. A company offering a long lease letting scheme will maintain your property, and pay you guaranteed rent, and you are not charged for this. This is down to them paying you around 80% of the value of your property and the reduction pays towards maintenance costs. Any rental money you are paid each month does not have deductions taken from it so every penny is yours.

The main reason why long lease letting schemes work is in the name, long lease, as the company works with tenants who want to rent over the long term. This of course ensures that there are no void periods as tenants feel secure in their home. When tenants feel secure, they tend to look after the property and so maintenance costs are kept down. Many tenants who take long leases also choose the option of being able to buy the property in the future, which also ensures that they take care of the property whilst renting.

When taking the service of a long lease letting company the company takes over the hassle of finding tenants so you do not have the hassle, or the worry. Often, finding tenants who wish to rent long term is one of the hardest jobs for landlords. Collecting rent is often another problem and this too is overcome if you use a long lease lettings agency. In fact you never have the worry of having to contact tenants again as your leasing company does all this on your behalf. All paperwork regarding legal matters is taken care of by solicitors on your behalf and is legal and above board.

If you are interested in long lease letting schemes you are able to apply online where you and the company work out an agreement for a sum of guaranteed rent and the term of the tenancy agreement. Typically, around 70% to 80% of the market rent. Due to the fact of you not having to pay fees or any overheads you still obtain net rent that is typically higher than if you receive the full market rent. If both parties are happy to go ahead the company will take over finding long term tenants for you, these are typically tenants who wish to purchase the property at some point in the future. Tenants who usually wish to bear will of course take more care of the property during the rental period, which means fewer layouts for damages and repairs, which lessen maintenance needs.

Today we look at four reasons why you should use car leasing as your next form of Sydney, Melbourne or Adelaide Car Finance.

1. You will only be keeping the vehicle for a few years

Leasing is the preferred option when you have a high car turnover. If you?ll only be keeping a vehicle for a few years, leasing shields you from the high depreciation in the first year of ownership, as well as greatly simplifying the process of getting rid of the old car - you simply give it back to the leasing company!

2. Your lease deal can take care of insurance, registration and running costs

Some lease deals take care of maintenance and running costs as well as insurance and registration - however all lease terms differ. Sometimes you can get quite a good deal by effectively bundling the running costs, the insurance and the cost of ?renting? the car.

3. Because your tax position is such that a lease would be tax deductible

For some people, any amount paid on their car lease is tax deductible. Either a cheap car loan broker, or your accountant, can advise you if this will be the case. Depending on your tax bracket, you could be effectively paying only 60% of the running cost and purchase cost of the car.

4. The financier can claim back GST on the purchase price

This effectively reduces your monthly payments, and makes leasing a better deal than buying - when you would be subject to paying the full amount of GST. In this instance you will not need to pay GST nor claim back the GST as this is all done by the financier.

In some circumstances you may have an even greater financial incentive to lease your car rather than purchase it outright with a loan; that is when you have access to salary packaging. Car leases that are paid out of pre-tax salary (when this is approved by your employer) are called novated leases, and while they are subject to FBT, can still be a significant saving.

Boston is a big city.
"Big" may not be the only word used to describe Beantown, but it is definitely one used frequently. As far as city limits, the city isn't that sprawling. However, Greater Boston holds an estimated six.4 million inhabitants. It doesn't stop there. The city is home to a quarter million college students, earning the city its name as "the Athens of American." "Big" doesn't always mean a terrible commute. If you are moving to Boston, you should know that one of their nicknames is "The Walking City." Many Bostonians do not own a car, but instead utilize the city's internationally renowned public transportation system

Boston is a busy city.
All those 6.4 million people go places—most of them to downtown. There are so many great reasons to move to Boston such as their growing financial industry, amazing educational institutions and a thriving medical research business. They have the nation's highest amount of jobs per square mile. The city is also only a stone's throw from New York City, another major metropolis. The six plus million people who actually live in Boston pale in comparison to the number of tourists the city hosts each year. Boston hosts (are you ready for this?) over eighteen million tourists every year. I repeat, Boston is a busy city.

Boston is an expensive city.
Hold on to your wallet, Boston has one of the highest cost-of-living numbers in the country. An average bowl of clam chowder will chew up $4.40. If you're moving to Boston and want to rent a modest two-bedroom apartment, it will cost over $1,300 a month. No worries; Boston has an average salary to match the exorbitant prices. The ordinary household earns over $77,000 annually. Enjoy your clam chowder.

Boston is a renter's paradise.
"Rent" is the name of the game when moving to Boston. In fact, Boston's permanent residents probably had a tough time finding their current home, especially if it has any reasonable commute time to city center. In Boston, 70% of the dwellings are rentals.

Boston is a lot of fun.
To put it simply, Boston is a paradise city for the American who enjoys a fast-paced life, loves to have entertainment options on demand, and wants the chance for relaxation or recreation whenever it's needed. If you are searching for cold concrete, steel, and glass, Boston is not for you. Boston, home to America's first public park (circa 1640) is still home to parks, green spaces, and opportunities to get away from it all, even with its pulsating, vibrant activity. Boston is a constant high ranker on the world livability rankings, and there is good reason that those 18 million joy-seekers keep coming back to the "Hub of the Universe." Boston is glutted with sights to see, history to take in, and American heritage to enjoy. Boston is rich in culture, sports, and history. From the Boston Tea Party reenactments to checking out the Big Dig, you will enjoy moving to Boston.

Options are used in various forms across a variety of financial transactions including in the stock market (often referred to as ?futures?). Contrary to what is often stated, lease options have not been exported into the UK from countries like the USA and Australia but have existed for centuries ? albeit solely within the commercial and land sectors. In land, the lessee (or potential buyer) usually takes an option for a number of reasons such as to ascertain its open market value; to ensure planning permission can properly obtained (and there are no encumbrances) and/or to buy time for the land to be leased. In commercial property, lease options allow corporations to evaluate operations on an ongoing basis prior to locking into long-term contracts (amongst several other uses).

Many see the main disadvantage of lease options being the fact that the buyer does not take ?ownership? of the property which, whilst theoretically true, does not mean that these kinds of transactions should not be taken seriously. Below are some of the benefits of lease options:

- The commonly referred 'below market value' or 'BMV' strategy of aquiring property requires a certain amount of equity to remain in the property to facilitate a purchase. Lease options, on the other hand, enable investors to offer win-win (and sometimes another ?win? in the case of sandwich options) to vendors who have little or are in negative equity;

- Genuine solutions are provided where all parties can eventually gain - the ?unethical? aspect of buying BMV is removed by the fact that vendors are getting the price that they want and often more (with costs covered);

- Post credit crunch, many investors found it difficult to obtain mortgage finance due to banking institutions stringent lending criteria. Lease options can enable a potential buyer to take control of another parties mortgage whilst the lending market becomes more accessible;

- Income can be still be earned in the form of positive cash flow from rents (as with any buy to let investment);

- The buyer has the right but not the obligation to purchase. It may, for example, come to a stage where the buyer may not be sure as to whether to take on full ownership of the asset ? in which case a number of profitable options can still be undertaken;

- More activity in the housing market is always to be encouraged and investment decisions can be made on guided principles as opposed to speculation.

*** It is worth noting that, whilst lease options are a very feasible method to profit from residential property, the concepts and strategies are very new and, as such, have not had the chance to stand the test of time. We would, therefore, recommend seeking suitably qualified and commercially aware solicitors to work with, particularly when reviewing contracts (please feel free to contact us on the details below for some recommendations). ***

*** THREE TYPES LEASE OPTIONS FOR RESIDENTIAL PROPERTY***

1) Purchase Lease Option / Short Term Lease Option: the buyer is granted the option to purchase the property at a given date for a given price (usually within a short period, for example to give time for a sale to complete). This is used to ?lock in? a purchase price and is accepted by vendors on the basis that they will know what they will be getting and so that the buyer can proceed comfortably knowing that the sale will occur.

2) Lease Option: the most common form of option used amongst property investors - the best way to explain a ?lease option? is, in short, when a investor takes control of the property without ownership (although the usual objective is to eventually transfer the deeds into your name and reap the rewards of any capital gain). Lease options work very well in a bottoming property market as, firstly, the vendor can remove the ?ball and chain? of owning a property that they are desperate to shift (and achieve a price that is reasonable for them) and, secondly, the investor to feel sure that he/she will be able to profit from the deal in the future (as well as receive rental income).

3) Sandwich Lease Option: originating from Australia and the US where they have been commonly used in residential property for some years, a lease option (as above) is used to control the property with a separate purchase option put in place granted to a tenant buyer. There are essentially two exercise prices: the first, which is set with the owner (at a low value) and the second with the tenant buyer (at a higher value) ? the investors profit will be both the ?filling? (the price differential) and positive cash flow that is achieved via the rental income from the tenant buyer.

If a musical is more one's taste then there are several including Guys and Dolls on August 12, 2010, Hairspray on July 13, 2010, or Oklahoma on October 10, 2010. There are a ton of different musical performances that one can attend, also. Green Day will be performing on June 16, 2010. Norah Jones's musical talents can be viewed on June 21, 2010. There are many others musicals acts such as The Rocket Summer, Kate Nash, Underoath, The Black Eyed Peas, and people and bands from any other musical genre that one can fathom performing at some point during the year. The comedian Jeff Dunham will be on stage on April 23, 2010 and The Grinning Idiots will be available to make you laugh on December 3, 2010.

There are also many sporting events available for entertainment during 2010. Some of the sporting events that will be available are World Championship Boxing which takes place on April 3, 2010. Several cricket matches in the months of May, June, and July, MSA Muay Thai Premiere League which is on March 27, 2010, and on April 11, 2010 the WWE SmackDown WrestleMania Revenge Tour will hit Manchester. There are assorted dance concerts and shows that will be in Manchester in 2010. Ballet Central Tour will occur on March 16, 2010. Tap Dance Fever will be shown on April 21, 2010 and In The Mood For Dancing will come to Manchester on November 5, 2010. The Dot to Dot festival will be occurring on May 31, 2010 and the SOS festival will be happening on July 9 and 10, 2010.

The Museum of Science and Industry will be hosting Da Vinci - The Genius March 12 - June 13, 2010 and John Edward will be coming on May 20, 2010. There are so many other things that will be happening in 2010 in Manchester. There is a virtual Manchester Events Guide at www.manchestereventsguide.co.uk that lists every single event happening in Manchester in the year 2010. This website will be extremely helpful in choosing the fascinating events that one will go to during this year and for many years to come. Events like these are not abnormal for the Manchester area and there will be an infinite amount of fun events to come!

A property manager is your guide through the letting process, and can answer questions throughout the process. The first step a property manager can help with is to decide what the cost of your apartment will be. The property manager will be able to find out what similar apartments let for in the area, and give you an idea of what you should charge.

The next step will be to decide where to advertise your apartment, and your property agent will be your prime guide. They will know what the best advertising outlets are that reach the most prospective tenants. Once you begin advertising you will have many prospects looking to let your apartment. It is important to invest in advertising wisely and in the most effective way, as to not waste money or time with your apartment empty.

There are many legal forms needed when letting your apartment, in order to protect you financially as well as your property. These forms can be obtained through your agent. They are able to show you how to write your legal agreement in a way that best protects you and your tenant. This is a crucial start in the vent should there be any legal problems that may arise. You want to be able to legally evict someone if needed, as well as pay for any damages that the tenant may cause and the correct legal paperwork is vital to this. There have been many cases when a tenant has refused to pay rent, pay for damages or even refused to leave the property!

Overall, the key factor when letting out your apartment is to be prepared and to think through each factor and possible situation. If you are new to this process it is not one you want embark on alone, and you should look for a property agent. A property agent plays a guiding role, and should be referred to when you have questions. You will be very pleased that you are using an agent, as they have access to a wealth of information and years of experience.

1. I have signed an Assured Shorthold Tenancy Agreement - what does this actually mean.

Since the late 90's, Assured Shorthold Tenancies have been the most common form of tenancy agreement and sets out the duties of both tenant and landlord. The most important aspect of this lease is that the landlord has the right to repossess the property at the end of the agreed term. Despite its name, the agreement does not have to be short and can continue as long as both parties are happy to do so. There is no minimum term specified either, although the renter has the right to remain in the property for at least six months. If the fixed term under a lease is for three or more years, however, a deed must be drawn up and a solicitor employed to do so. There are specific requirements linked to an AST that include:

- The tenant(s) must be an individual (i.e. not a company)

- The property must be the main home of the occupant

- The property must be let as separate accommodation.

The landlord is obliged to provide the tenant with two months' notice if they want to terminate the agreement. The agreement will most likely contain the following information:

- Your landlord's name, your name and the address of the property to be rented

- The date the tenancy will commence

- The length of the tenancy from the beginning to the agreed end date of the occupation

- The amount of rent payable, how often it should be paid, when it should be paid and when it can be legally increased

- The agreement should also state what the payments are expected, including Council Tax, utilities, service charges, etc.

- What services your landlord will provide, such as maintenance of common areas

- Duties that you must comply with whilst residing in the property

- The notice period which you and your landlord need to give each other if the tenancy is to be terminated.

2. The landlord is seeking to increase the rent at the end of the fixed term, I can't be expected to pay the increased rent.

The Landlord is entitled at the expiry of an assured shorthold to grant a new tenancy and set the rent to a level that is compatible with the market. If you are in an assured (shorthold) tenancy then you have fewer rights with regards to rent control in comparison to a protected tenant. This is because The Housing Act 1998 allows a landlord to charge whatever he likes. An assured tenancy give you no automatic right to a just and reasonable rent. This shouldn't however stop you from attempting to negotiate the rent as referred to above.

3. The new set rent level is incompatible with the market I have no choice but to pay it.

If the new set rent level is incompatible with the market rent then you do have a right as an assured shorthold tenant to appeal to the Rent Assessment Committee. This may be carried out during the initial six months of the tenancy's contractual term. The Committee will consider whether the rent is significantly higher than is usual for a similar property. If the Committee assess a different rent from that set by the Landlord then they may set a date when the increase will take effect. The rent cannot be backdated to before the date of the application. Once a decision has been reached by the Committee, the Landlord cannot increase the rent for at least twelve months, or on termination of the tenancy.

Landlord and Tenant law can be complicated. If you are having problems or queries about the rent you are being asked to pay under the terms of your lease, contact an experienced landlord and tenant solicitor.