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Property Investment Question

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Meeow! Sentiment towards BTL certainly seems to have shifted, on this thread anyway....:rotfl:Wonder what advice the OP would have got on here a couple of years ago?
  • Bossypants
    Bossypants Posts: 1,286 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Crashy_Time wrote: »
    Meeow! Sentiment towards BTL certainly seems to have shifted, on this thread anyway....:rotfl:Wonder what advice the OP would have got on here a couple of years ago?

    I don't think it has so much shifted as OP's living in fantasy land any way you slice it. I am a landlord and I stand by my choice, these investments seem to work for me, but that doesn't change the fact that OP's figures don't remotely add up to what he wants to achieve. Had his figures been different/more realistic, I imagine the advice might have had a rather different tone as well.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Meeow! Sentiment towards BTL certainly seems to have shifted, on this thread anyway....:rotfl:Wonder what advice the OP would have got on here a couple of years ago?
    Attitudes to unrealistic dreamers are unchanged.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AdrianC wrote: »
    Attitudes to unrealistic dreamers are unchanged.


    Yes, I still laugh at people who thought property was a one way bet.....
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    Crashy_Time wrote: »
    Yes, I still laugh at people who thought property was a one way bet.....
    oh crashy we love you, you make me laugh every day just at the thought of your existence.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Yes, I still laugh at people who thought property was a one way bet.....
    Unrealistic dreamers come from both directions.
  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Yes, I still laugh at people who thought property was a one way bet.....


    It's sad to laugh at people who've done badly, also sad to laugh at those who've done very well and one could learn from.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    edited 28 December 2018 at 7:27PM
    Many really won`t be laughing though, it depends on the size of the debt they took out for the "investment" I suppose.
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