Helen Romero is a landlord in London. She has been a landlord for five and a half years. On International Women’s Day, Helen shares her experiences of being a woman in property.
Hi Helen, tell me how you became a landlord?
“I became a landlord mostly because of my children. Me and my family were living in one property in London, but we wanted to move to a different area so that my children could get into a certain school. So we moved away and I ended up rented from a friend. I didn’t want to sell the house though, so that’s when I made the decision to rent it out instead”
What do you like about being a landlord?
“What I like is the flexibility that comes with being a landlord. Providing you make sure you keep up to date with all the rules and regulations, I’ve been able to achieve a better work life balance. I also work part time at the family business, so being a landlord as well means I can spend less hours working there and more time with my family”.
Do you think there are more women going in to property?
“I think whereas traditionally property could have been seen to be a more male thing to invest in, that’s definitely not the case any more and I think things have changed nowadays. The family business where I work is a locksmiths, and we see just the same amount of landlords who are men and women come in”.
What advice would you give to other women wanting to start out in property?
“I’d say if you can go for it. This advice applies to everyone not just women, but I’d say make sure you have all the facts, and to do that you must join a landlords association like the RLA. There has been quite a lot of regulation change recently, and you only need to slip up on one little thing. So definitely make sure you keep up to date with current regulations. Also, if you’re planning on using a managing agent, its a good idea to read reviews about them first before going ahead”.
Are you a landlord looking for unlimited one to one advice on issues relating to your tenancies? Join us today, for £79.95.