How many bulls are buying?

bluey890

StevieJ wrote: »

I know mewbie, the lowest rates in 300 years and I m not gaining from it

Too much equity, not enough debt. Why not give some of your cash to the guys&girls frequenting this forum and trying to buy their first home?

michaels

Was thinking of going back in but would want it to be local and yields (max 6%) are just too low Next town has a 'uni' and cheap housing with better yields but I don't fancy the hassle.

macaque_2

chucky wrote: »

bought 3 times in the last 10 months, 2 BTL's and a residential - will buy again once i see another good opportunity

and i'm not a bull - i'm an optimist who sees opportunity or someone who needs to sell

Chucky: I've managed to get some tables on the sun deck.
StevieJ: Nice one Chucky. With the lower decks being flooded makes it an ideal time to snap up some bargains.
Chucky: Your not wrong there bro. Bought 3 times in the last 10 minutes, 2 to let out and one for myself - will buy again once i see another good opportunity.
StevieJ: Ha ha ha, those doomster muppets don't realise that when the Titanic sinks a bit, it always comes back up again. The housing market is unsinkable. Chucky: High five StevieJ

Thrugelmir

Locally there's no value in investing in residential property. Yields are far too low. So house prices need to fall further to achieve over a 10% gross yield.

Too many opportunities elsewhere at the moment. Bank shares seem more attractive by the day as they increase their interest rates to borrowers!

1sue23

I am buying I live on a boat and am buying a flat for my son to live in ,then when we are to old for the boat life will take over the flat.

Thrugelmir

1sue23 wrote: »

I am buying I live on a boat and am buying a flat for my son to live in ,then when we are to old for the boat life will take over the flat.

Ground floor I trust.....

1sue23

Thrugelmir wrote: »

Ground floor I trust.....

Yep and just one bedroom and a new build ,mind you backs onto the canal in Skipton so not far from the boats.

StevieJ

1sue23 wrote: »

Yep and just one bedroom and a new build ,mind you backs onto the canal in Skipton so not far from the boats.

That castle in Skipton would make a nice investment property, could do that up nice Should be able to afford it soon according to Macaque and Brit.

1sue23

StevieJ wrote: »

That castle in Skipton would make a nice investment property, could do that up nice Should be able to afford it soon according to Macaque and Brit.

Yes I think I should have waited a little longer, next year it would have been able to put a cheeky offer in and they would have snapped my hand off.

chucknorris

chucky wrote: »

a couple of reasons - due to there was more to choose from when i bought and it was also in the last tax year.

this tax year i've been looking again but haven't seen anything of quality or even value.
i've got a few on my list but they're not at the right price. i'm in no rush to buy and will wait to see. close to the bottom is less important to me - getting something at the right price is the driver for me.

They obviously don't understand that significant point Chucky, I am quite interested to buy but only at the right price, the right property and in the specific area that I have targeted. There has been a few houses come up in the area but all had a 3rd single bedroom and I won't touch properties with single bedrooms because my tenant market is young sharing professionals who shun single bedrooms