Property price increase

Investor2000

Honestly one good thing about this whole brexit mess is hopefully property will go down. Reminds me of when an entire private road which was built around 1998 had two bedroom flats and houses going for around 100k. They are now going for 3.5 to 4.5 times higher and some even higher!

I had 48k back then so i wish i could of asked my oarents to take out a loan to make uo the rest and oerhaps we both could of made off like bandits!

A freind of mine at the time said they had three flats as they inherited quite a but if money and rents them out.

I just live the idea of being a landlord and getting income for doing little work...

So much better than these pathetic interest rates.

I remmeber when they used to be 5% and apprently they were as high as 10% way back when!

da_rule

Investor2000 wrote: »

I just live the idea of being a landlord and getting income for doing little work...

From this it is quite clear that you are not a landlord and probably should never be. Being a landlord is time consuming and potentially very costly.

I don't think I know any landlords who just sit back and watch the money come in.

Investor2000

da_rule wrote: »

From this it is quite clear that you are not a landlord and probably should never be. Being a landlord is time consuming and potentially very costly.

I don't think I know any landlords who just sit back and watch the money come in.

I knew that would get a reaction. Well your one of those scaremongers which unfortunately this sote has. I am already a landlord and it’s in another country and it has been easy and i am literally collecting the cash so to speak...

I understand there are standard costs which are not too expensive and yes things will go wrong which will cost but for the most part it think you are wrong.

da_rule

Investor2000 wrote: »

I knew that would get a reaction. Well your one of those scaremongers which unfortunately this sote has. I am already a landlord and it’s in another country and it has been easy and i am literally collecting the cash so to speak...

I understand there are standard costs which are not too expensive and yes things will go wrong which will cost but for the most part it think you are wrong.

Not at all, property ownership can be profitable, with a diverse portfolio.

If you're having success in another country then perhaps you should stick to buying more property there. Your posts tonight have shown that you don't really have an understanding of the property market, and your willingness to just jump in is somewhat concerning.

Being a landlord requires a clarity of thought, which you seem to lack with your jumping from thread to thread and from commercial to residential property. It also requires attention to detail, which the typo's and other mistakes in your posts show that you are clearly lacking.

Investor2000

da_rule wrote: »

Not at all, property ownership can be profitable, with a diverse portfolio.

If you're having success in another country then perhaps you should stick to buying more property there. Your posts tonight have shown that you don't really have an understanding of the property market, and your willingness to just jump in is somewhat concerning.

Being a landlord requires a clarity of thought, which you seem to lack with your jumping from thread to thread and from commercial to residential property. It also requires attention to detail, which the typo's and other mistakes in your posts show that you are clearly lacking.

If you think the way i have been writing in this forum is the same as how i condict business then your mustaken.

Nothing you’ve said is true about me with regards to serious business so go away and i don’t want to hear from you again. I haven’t got the time to reply back to you that’s why.

David_Evans

Investor2000 wrote: »

Honestly

I remmeber when they used to be 5% !

Do you?

Or did someone older tell you about this?

David_Evans

Investor2000 wrote: »

I am already a landlord and it’s in another country.

Which country is that?

David_Evans

da_rule wrote: »

Not at all, property ownership can be profitable, with a diverse portfolio.

Being a landlord requires a clarity of thought, which you seem to lack with your jumping from thread to thread and from commercial to residential property. It also requires attention to detail, which the typo's and other mistakes in your posts show that you are clearly lacking.

It also requires a genuine adult.
I'm not sure the OP fits this description....

bertiewhite

Popcorn thread - is it half term already?

Dean000000

Investor2000 wrote: »

I haven’t got the time to reply back to you that’s why.

As he sits there frantically responding. Lmao

anselld

Is this a new game to see how fast you can get PPRed?
The OPs previous incarnation only survived for 2 days. (Newuser2019)