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btl's not really dead is it?
Comments
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No- I got married/had first child age 29. Bang on national average, actually, I believe, you naughty, stirring little man.
Oy, I was 27 when I got pregnant with my first, and kept being told how average that was.....
(Apart from my Dad, who said I was too young. Then shut up when my mother pointed out I would be a mother aged 3 months older than he was when I was born)....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
No - I do recall when I had my first, aged 29, reading that 29 was the average age for 1st children in the UK. Surprisingly late, really, compared to what it was in our parents' generation. I suppose down to the large numbers of far older mothers - packs of them at my kids' school, who all had kids in late 30's/early 40's.
Maybe they were all developing their BTL empires first?
Must ask.
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i make around £600 extra from the interest rate cuts yesterday.
Would I be right in assuming that your BTL mortgage interest payments have fallen by £600 per month? If so, you must have £480K in BTL interest only mortgages.
Of course, more profit = more income tax.
Unless of course the £600 is after tax. At 20% your interest only BTL mortgages would be £600K. At 40% and its £800K.
That sounds like a lot of risk that you are carrying.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
No but i know a few called mel and kim!
surely as a woman you just know your place? Maybe im old fashioned?
Completely mystified now.
What have mel and kim got to do with it?
And what is my place?
Is it the same as your wife's?
If so, why have I never met her?
Or have I?
Questions, questions....
I want some answers please now.0 -
Dithering_Dad wrote: »*DD drifts off into a daydream about those amazing days (and nights!)....*
Does Mrs DD read this board?
Hello?
DD?
Still there, DD?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
surely as a woman you just know your place? Maybe im old fashioned?
I don't think so - the "old-fashioned" tag means you know how to use an apostrophe or two, not to mention a Capital Letter....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
When i bought mine i only put a maximum of 5% down and mostly less. they were all bought on residentials. ...
i am not amatuer in btl nor investing.
No, just fraudulent, then....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Gosh, didn't spot that in amonst all the hubris.
That's some 'business plan'!
What do you do when you're not doing BTL?
Rob banks?
Oh no - you do that already - silly me.0 -
Gosh, didn't spot that in amonst all the hubris.
That's some 'business plan'!
What do you do when you're not doing BTL?
Rob banks?
Oh no - you do that already - silly me.
Calm down - you'll get blood pressure.18 May 2007 (start of Mortgage):
Coventry Offset Mortgage £220800
Offset Savings: £0
Mortgage Balance: £220,800
14 Jan 08
Coventry Offest Mortgage: 219002
Offset Savings: 28200
Mortage Balance: £190802
And still chucking every spare penny into it!0 -
I might b e wrong, but most of this chap's posts seem to be either gloating or at best inconsistent. (Sorry, I don't know how to do multiple quotes).
Very first utterance in OP.
"Ha Ha."
Not a gleeful "Horrah", or a cheeky "hee-hee".
"i said on 2 of mine. Not all of them. PS got better deal afterwards anyway!"
"I owe a lot more than that"
So we understand that the "gains" are on 2 properties on trackers; there are more properties in this empire. But let's not miss a chance to gloat while we're at it...
"Whatever happens me myself and i will always be ok."
As others pointed out, extreme hubris.
"surely as a woman you just know your place?"
Purely offensive.
"When i bought mine i only put a maximum of 5% down and mostly less...yes hence the fact i was able to do what i did without leveraging nor spending much."
Unless there's some very clever financial smoke and mirrors going on here (and this empire is only 5 years old), I'd call those inconsistent...
"ps im not ahigher rate tax payer"
okay, I'm sure that's possible, but I wonder...
"Inmy business i need to have hubris"
Bizarre. So want to know the low-income, hubris-necessitating field of employment. Big brother runner-up?
"By the time i am your age i certainly won't be working."
"I'm not interested in the numbers as long as i can do what i wnat when i want then thats good enough for me."
Hubris/offensive/etc
"I have never suggested that 90% of my fortune is due to luck. I must be mor elucky than others you could say?"
followed by:
"ha ha you obviously didn't understand my wisdom.
http://www.thefreedictionary.com/fortune
i don't have a fortune but ive had fortune"
fairly sure that the first sentence suggested that he meant fortune as wealth. That was the context, and after all the alternative would be to suggest that 10% of "fortune as luck" was not due to luck...
Not to mention the repeated suggestion that he's "cleverly" beating the system, without any shame about what looks at least to be a grey legal area in using residentials.
But then I suspect I've never quite realised the extent of people playing the system.0
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