How landlords can survive the cost of living crisis
It’s now more important than ever for landlords to think about maximising cash flow to get through this downturn, especially if they’re due to refinance in the coming months.
Cashflow
The most important task for any business in a recession is paying its debts as they fall due, otherwise it risks going out of business. It can have the best looking profit on paper, but if it has no cash and can’t keep up with the mortgage, the bank might call in the loan on the property.
Focusing on metrics like net profit, return on profit or yield can give investors a false sense of security.
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