Buying a Flat to Rent Out

csgohan4

OP if you want somewhere to tell you what you want to hear, there are plenty of websites, there's one that starts with mum and ends in net that comes to mind.

Otherwise like any other business, you need to weigh the cons and pros, are you really getting much return for that money you invest, Non rent paying tenants are very real, could you deal without that income for a few months plus court costs e.t.c? Repairs won't be cheap either, 

AdrianC

csgohan4 said:

OP if you want somewhere to tell you what you want to hear, there are plenty of websites, there's one that starts with mum and ends in net that comes to mind. 

Are you kidding me? They're a bloody tough crowd over there. They make this place look like it's all "U OK HUN PM ME YEH?". The OP wouldn't last ten seconds before being ripped apart and beaten to death with the sticky end of his own leg.

csgohan4

AdrianC said:

csgohan4 said:

OP if you want somewhere to tell you what you want to hear, there are plenty of websites, there's one that starts with mum and ends in net that comes to mind. 

Are you kidding me? They're a bloody tough crowd over there. They make this place look like it's all "U OK HUN PM ME YEH?". The OP wouldn't last ten seconds before being ripped apart and beaten to death with the sticky end of his own leg.

That made me chuckle. Guess times have changed since I was last on there.

You made my day AdrianC

csgohan4

OP if you like property so much why not invest in REIT Food for thought

grumiofoundation

csgohan4 said:

OP if you like property so much why not invest in REIT Food for thought

Ah but you've forgot - in the OPs world investing = gambling whereas one small flat = guaranteed return, 100% safe, no downsides.  

hazyjo

Dunno why you're all replying. Bloke who has been coming on here for years with different names talking about investing in a rental. ALWAYS ends up insulting people and calling them names.

Save your breath (well, fingers).

newlandlord555

No . This bloke joined yesterday. Got zero useful information and left the next day .

newlandlord555

Comms69 said:

Cool go for it. Then when tenant doesnt pay rent; you illegally evict them, and they sue you and the court seizes your flat; your £80k will be gone. 

Please only post useful information . Not childish sarcastic nonsense . Thank you.

Hasbeen

hazyjo said:

Dunno why you're all replying. Bloke who has been coming on here for years with different names talking about investing in a rental. ALWAYS ends up insulting people and calling them names.

Save your breath (well, fingers).

It was inferred on page 2 that this was a troll OP??

But it has been an entertaining thread reading the OPs take on being a Landlord, and making big tax free profits.

But we are now on page 7 and OP has managed to insult a large percentage of posters that have replied. And the Forum.

And has threatened to leave at least 3 times? But unfortunately is still here.

OP you have been given good advice on your "business venture" perhaps come back? for further advice, if you actually buy this flat and are actually are able to listen to others trying to help you.

newlandlord555

Its that BLOKE again ...Really pathetic replies from you money people ...grow up childen !