Debate House Prices


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118 Landlords Panic and try lobbying MP's yet again

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Comments

  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 21 July 2015 at 12:03PM
    If you are going to be a multiple property owning buy to let landlord in a housing crisis, you perhaps need to be rather more resilient to opprobrium than certain people on this thread.

    Regardless of the rights and wrongs of Buy To Let ; the fact is that a Tory government has decided that the UK has seen enough of it.

    Good.

    Who isn't resilient? Do you really think I'm bothered about what a couple of fools say on an internet forum?

    So far, what allthingsmustpass has said has been comedy gold, here are some of the ridiculous comments that he has made. Please feel free to support any of his comments, if you feel that way inclined. I have added my comments below his comments in bold:

    The truth is, having money isn't all its cracked up to be. The thrill was the chase

    The purpose of starting a business is to make profits, not to have fun or experience ‘thrills’. Being wealthy doesn’t guarantee happiness, but neither does being poor.

    and I dare say chucknorris felt that at one time when the buy to let business model looked to be working for him

    Well with over £4m equity, over £100k of rental income profits and £100k capital growth per annum (based on only 2% per annum). I would say that it is certainly still working.

    It is not a 'fun' business to get into and do, you don't have much to learn, or indeed much to do.

    I have already covered the ‘fun’ bit, there is probably a bit more to it than he thinks, but my response here is surely if the profits are high and you don’t have to do much, then that must be good.

    Having money in itself is often a pain.

    Is it? That certainly isn’t my experience, so has he had money before and got rid of it, or is he just talking out of his backside?

    EDIT: I think my favourite is 'Having money in itself is often a pain' :rotfl::rotfl:
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    EDIT: I think my favourite is 'Having money in itself is often a pain' :rotfl::rotfl:
    Couple of years ago, he was having a moan about increasing letting agent fees, so I suppose that 'having money' pain is something that never really troubled allthingsmustpass. :)
    https://forums.moneysavingexpert.com/discussion/3998313
    Don't blame me, I voted Remain.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    mayonnaise wrote: »
    Couple of years ago, he was having a moan about increasing letting agent fees, so I suppose that 'having money' pain is something that never really troubled allthingsmustpass. :)
    https://forums.moneysavingexpert.com/discussion/3998313

    LOL, it just gets better and better, and he is trying to tell me that my business model isn't working. Our tenants don't pay fees, because we manage our own properties.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Who isn't resilient? Do you really think I'm bothered about what a couple of fools say on an internet forum?

    So far, what allthingsmustpass has said has been comedy gold, here are some of the ridiculous comments that he has made. Please feel free to support any of his comments, if you feel that way inclined. I have added my comments below his comments in bold:

    The truth is, having money isn't all its cracked up to be. The thrill was the chase

    The purpose of starting a business is to make profits, not to have fun or experience ‘thrills’. Being wealthy doesn’t guarantee happiness, but neither does being poor.

    and I dare say chucknorris felt that at one time when the buy to let business model looked to be working for him

    Well with over £4m equity, over £100k of rental income profits and £100k capital growth per annum (based on only 2% per annum). I would say that it is certainly still working.

    It is not a 'fun' business to get into and do, you don't have much to learn, or indeed much to do.

    I have already covered the ‘fun’ bit, there is probably a bit more to it than he thinks, but my response here is surely if the profits are high and you don’t have to do much, then that must be good.

    Having money in itself is often a pain.

    Is it? That certainly isn’t my experience, so has he had money before and got rid of it, or is he just talking out of his backside?

    EDIT: I think my favourite is 'Having money in itself is often a pain' :rotfl::rotfl:

    ....................................
    Rude.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ....................................
    Rude.

    You don't expect to me to respond in kind? Sorry but I didn't realise that only the bears were allowed to be 'rude', and bear in mind that I am responding, not initiating.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    You don't expect to me to respond in kind? Sorry but I didn't realise that only the bears were allowed to be 'rude', and bear in mind that I am responding, not initiating.

    I don't have any expectations about you at all, I am afraid.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I don't have any expectations about you at all, I am afraid.

    I don't care, I think that you are a fool, who is irate because your parents have a nicer house than you, it's really pathetic.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    I don't care, I think that you are a fool, who is irate because your parents have a nicer house than you, it's really pathetic.

    You will not be punished for your anger. You will be punished by your anger.

    :A
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You will not be punished for your anger. You will be punished by your anger.

    :A

    I am not angry, what makes you think I am angry? I'm just about (well in about 20 mins) to take my dog out for a run in the countryside, best part of the day.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Prothet_of_Doom
    Prothet_of_Doom Posts: 3,267 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    stator wrote: »
    I think it's fantastic. :beer: on me!
    It's no surprise that the greedy slumlords are complaining that the government is taking away their method of picking money from the pockets of the poor.


    It was A CONSERVATIVE government that brought in the right to buy council houses, whilst at the same time preventing councils from replacing council houses for ordinary people to live in.

    It was a conservative government that took interest rates on mortgages to 15.5%, thus making many people unable to pay the interest on their homes which were then in negative equity, due to the bursting of the bubble in the early 1990's.
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