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  • Top Articles - What Makes a Good Landlord? Top Tips to Bring Success, Gain Respect and Popularity from Your Tenants

    Letting your property is a proper business and to be a profitable landlord you need a business plan and procedures in place t
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    hat you will need to complete, in order to rent out your property successfully, such as: a proper application and screening of
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    prospective tenants, a carefully drawn up tenancy agreement, regular maintenance of the property, and an up-to-date knowledge
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    f housing regulations, etc.

    Top Tips on how to be a good landlord:

  • provide a copy or access to the Tenancy Agreem
  • here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    nt
  • provide a copy of the full inventory - stating condition of all fixtures and fittings - agreed by the tenant
  • d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
  • keep the rent at or near market levels
  • make yourself readily available and contactable
  • provide emer
  • ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    ency contact
  • encourage the tenant to report any dis-repair or faults promptly
  • deal with any repairs prompt
  • easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    y
  • maintain gas and electrical installations, heaters and water heaters and sanitation in proper working order
  • nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    li> arrange annual checks by a qualified electrician of the electrical supply, fire detector, alarms, etc - this is a legal re
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    uirement
  • arrange an annual gas safety certificate by a CORGI registered gas fitter - this is a legal requirement
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    >
  • replace any damaged furniture or fittings
  • maintain the interior and exterior decor - this will attract good t
  • ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    nants
  • ensure the safety and security of your tenants - check alarms, locks and fire extinguishers are working

  • dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    Treat your tenants as you would like to be treated.

    Some landlords like to carry out inspections, usually every 6 mont
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    s, but many tenants find this invasive and feel it suggests that they are not considered trustworthy. Inspections also make th
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    property feel less like theirs, which is not ideal as people tend to take more care of their own homes. If you feel happier i
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    specting your let, make sure you give your te
    ant plenty of notice - always at least 24 hours - and offer different times to fit in with their lives. If problems are ar
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    sing the tenant should be notified in writing that this is likely to incur them added costs for cleaning or repairs.

    Tenan
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    y Deposit Scheme

    The deposit now has to be lodged with the custodial scheme, in case of any dispute at the end of the ten
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ncy agreement.

    The main thing to remember is that you may own the property, but for the rental period it is the tenant's home


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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