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Debate House Prices
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Would you buy a buy to let at the moment
Comments
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Thrugelmir wrote: »In the past residential property investment was highly concentrated into HMO's.
any luck with that link..........................................tartanterra wrote: »I'm genuinely interested in these figures. Could you post a link to them please?0 -
The intelligent decision should depend on how cheap the individual property is.
If a bargain, then why not?
Define bargain.
Cheapness is not the only criteria though.
For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Much as it aggrieves me I agree with the Coalition bot on that one.Spartacus_Mills wrote: »Define bargain.
Cheapness is not the only criteria though.
For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Spartacus_Mills wrote: »Define bargain.
Use a dictionary.0 -
The intelligent decision should depend on how cheap the individual property is.
If a bargain, then why not?
Property price is only part of the assessment.
You must also value the rental market in that location.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Property price is only part of the assessment.
You must also value the rental market in that location.
Very true, there's also the time-value equation and the opportunity cost of doing something different.
I didn't want to fill my post with caveats.
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Spartacus_Mills wrote: »Define bargain.
Cheapness is not the only criteria though.
For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL.
If the property below, £2000 a month rental income, was available for 20k, and the only way for you to afford it was to take a BTL mortgage.
I would consider it to be a bargain.
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Use a dictionary.
I chose to ask a !!!!!! instead but I will assume you are incapable of providing back up to your post.
One persons bargain for a BTL is another persons liability."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Very true, there's also the time-value equation and the opportunity cost of doing something different.
I didn't want to fill my post with caveats.
You just chose to post with your usual lack of thought."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Spartacus_Mills wrote: »I chose to ask a !!!!!! instead but I will assume you are incapable of providing back up to your post.
One persons bargain for a BTL is another persons liability.
My name isn't Richard. :think:
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