properties

July 10, 2012

Infographic: The Dublin Rental market

With the rental market in Dublin approaching its busiest time of the year we take a look at the market and what is available.

Once again, a few quick notes on what we can take from this.

There is a huge supply of rental property in Dublin at the moment meaning the market is highly competitive for the agencies while tenants benefit from such a large supply with less demand. Interestingly enough I just checked Daft.ie to compare our figure as we created this early last week and they are identical, so not much movement for now.

Secondly, as expected Apartments are the dominant property type throughout the city, this is was obviously going to be the case in such a highly congested city with most house’s outside for the city having homeowners. Thankfully there is only 227 flats as I have a hatred towards them after my year long stay in Rathmines during college 🙂

Out of the 4756 properties currently on the market the majority (A total of 77.3%) are two and three beds, interestingly the number of 3 bed apartments available is just over three hundred less than two beds.

Lastly we breakdown the amounts of properties available at the various and most comment rental prices, starting with the bargain hunter @ 0-€500 they have a limited selection of 146 rental properties. From there the number of properties gradually rises through the next two rent brackets and peaking during the €800-€1,100 bracket with over two thousand properties on the market in that price range.

As always we would love to hear your feedback on this topic.

Other property infographics –

The NPSRA & Licensed property services providers

Landlords and tenants infographic

by Andreas Riha

April 27, 2012

Landlord accounts and maintaining them

If you have a number of properties on the go, it might be best to hand over accounting duties to a chartered accountant or a management agent. It will cost you, but you can be confident that they’ll be maintained correctly. Also if your agent uses Rentview all your accounts will be viewable at the click of a button for you. If you’d prefer to do them yourself, you have the choice of either writing them out or using Microsoft Excel. It is a matter of comfort, but Excel does have advantages over manual accounting.

Spreadsheets store huge amounts of information & can be corrected easily

Have an inbuilt calculator function

More secure through password protection and back-up copies

Less cumbersome and easy to carry around if stored on a memory stick

Tenant Complaints About Noisy Neighbours

One of the risks with renting or buying a property is you don’t know who your neighbours are. You don’t know if the neighbours are renting or buying, what kind of people they are etc. Rented properties tend to have more issues associated with them. It’s difficult to figure out a reason why this is the case, maybe it’s because the properties isn’t theirs that they don’t feel the same duty of care to it, but that discussion is a touch tangential to the topic at hand. It can be very frustrating as an agent to be getting complaints from tenants about the neighbours’ activities which are seemingly out of your control. So what can you do? Ask your tenant to keep a log of the noise to see if a pattern emerges. Then try to talk to the neighbours directly, in a polite way of course. Being overly accusatory isn’t going to work. If the noise persists, the following is a route to take.

1. Find out who the management company in charge of the property or the landlord is and get in contact with them to inform them of the complaint

2. If the problem is not fixed, write them a formal letter on company headed paper asking them to fix the problem and inform them of the possibility of PRTB action or eviction

3. If it still isn’t fixed, make a third party complaint to the PRTB (this costs €25 and the complaint form can be found on their website)

If the property is a local authority house, then the local authority would be the first place to contact after the neighbours. In some extreme cases, the Gardaí may be better equipped to handle the problem, or at least would work in conjunction with the other parties involved.

You may also be interested in our blog on Keeping a tenant happy & Choosing the right tenant

Thanks for reading!

by Andreas Riha