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Buying a buy to let property

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Comments

  • mchale
    mchale Posts: 1,886 Forumite
    If your a cash buyer look at auction property, but trust me being a landlord is not a good career choice.
    ANURADHA KOIRALA ??? go on throw it in google.
  • mlz1413
    mlz1413 Posts: 3,156 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    trudie15 wrote: »
    .They've refused our offer anyway, i'm not sure how much more we want to pay for it, but feel it would be a good buy to let investment.


    If your doing B2L as a business then you should have worked out return values on different levels of investment and should have a working sheet for this property before you put in an offer. The sentence I've quoted makes you sound like your guessing rather than working out.

    A B2L on the surface may seem better than 0.5% interest on savings, but professional tenants can sniff out a novice LL and cost them the price of the property.
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