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First time landlord - BTL questions

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Comments

  • B_Blank
    B_Blank Posts: 1,105 Forumite
    Becoming a landlord is immoral and scummy.
    I am not a financial expert, and the post above is merely my opinion.:j
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    B_Blank wrote: »
    Becoming a landlord is immoral and scummy.

    Any particular reason?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    GMS wrote: »
    Any particular reason?

    It is unearned wealth and reduces housing stock for other people.
    I am not a financial expert, and the post above is merely my opinion.:j
  • Werdnal
    Werdnal Posts: 3,780 Forumite
    Part of the Furniture Combo Breaker
    edited 11 September 2011 at 3:55PM
    B_Blank wrote: »
    It is unearned wealth and reduces housing stock for other people.


    Excuse me, but my "wealth" was earned and invested in my BTL property! Jealousy is a terrible thing, it eats you up and makes you a very bitter person.



    Let us not rise to B Blank's stupid taunts and wreck this thread for the OP, who has genuine questions and will not wish to see this going off onto a tangent of silly arguments about morality of being a LL!
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    Werdnal wrote: »
    Excuse me, but my "wealth" was earned and invested in my BTL property! Jealousy is a terrible thing, it eats you up and makes you a very bitter person.



    Let us not rise to B Blank' stupid taunts and wreck this thread for the OP, who has genuine questions and will not wish to see this going off onto a tangent of silly arguments about morality of being a LL!

    SO you would never consider the moral obligations of what you do? I view the moral implications of all my actions, and particularly one as big as becoming a btl LL.
    I am not a financial expert, and the post above is merely my opinion.:j
  • hcb42
    hcb42 Posts: 5,962 Forumite
    dont feed the troll.
  • jimjames
    jimjames Posts: 18,944 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    B_Blank wrote: »
    It is unearned wealth and reduces housing stock for other people.

    Or increases the housing stock for those who want to rent?
    Remember the saying: if it looks too good to be true it almost certainly is.
This discussion has been closed.
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