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RE: Buy 4 houses in liverpool to rent

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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    leoni0211 said:
    Hi I want to invest in buying 4 houses in liverpool for 100k each and rent them out. I have heard there will be a property crash soon so will wait for that. I need help with securing a buy to let mortgage for all properties and then someone to find the houses in a good area and  rent them out and property manage them for me as I am in London. Are there any companies out there who so all this? I attended a webinair yeasterday from Aran curry but they want £2500 up front so I am not sure about using them. Can anyone out there help? 

    Clown Face Emoji or TrollFace  emojidex - custom emoji service and apps?
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I thought that Robbie Fowler has already cornered this particular segment of the market in Liverpool?
    No free lunch, and no free laptop ;)
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    leoni0211 said:
    Hi I want to invest in buying 4 houses in liverpool for 100k each and rent them out. I have heard there will be a property crash soon so will wait for that. I need help with securing a buy to let mortgage for all properties and then someone to find the houses in a good area and  rent them out and property manage them for me as I am in London. Are there any companies out there who so all this? I attended a webinair yeasterday from Aran curry but they want £2500 up front so I am not sure about using them. Can anyone out there help? 
    This will not end well.  A fool and his money and all that 
    Or, more precisely, a fool and someone else's money. The OP doesn't appear to have any finance.
    No free lunch, and no free laptop ;)
  • blue_max_3
    blue_max_3 Posts: 1,194 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    leoni0211 said:
    I have heard there will be a property crash soon so will wait for that. 
    You really did research this didn't you! 
  • To be fair to the OP he has just come out of those property seminars so will be pumped up with excitement about BTL opportunities in the coming crash.....but at least he had the common sense not to send the snake oil salesman £2.5k for the course!!
    There is hope for this OP - we need to gently deflate his bubble!
  • I did wonder how Curry makes his money and now I see it's £2,500 referral fees - thank you, now I don't have to wonder any longer. His other "magic" is as transparent as it is garbage: How to make 100% ROI when the market only goes up by 10%. ONLY!!!!!! So you buy for £100,000 with a 95% mortgage and sell at £110,000 with £5,000 costs. But did anyone notice the caveat -  only10 % - it's not the 1980's anymore, what happens if your property falls by 10%? Then you own a £90,000 house with a £95k mortgage and still have the same costs.  I'm going to get some of that fantastic snake oil instead!
  • TXC
    TXC Posts: 265 Forumite
    Third Anniversary 100 Posts Name Dropper
    no wonder the liverpool market is currently hell on earth for buyers if this is the rhetoric being peddled dahn sarf. Despicable disparity between average wage and house price at the moment! #stayout


  • Jumblebumble
    Jumblebumble Posts: 2,116 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    leoni0211 said:
    Hi I want to invest in buying 4 houses in liverpool for 100k each and rent them out. I have heard there will be a property crash soon so will wait for that. I need help with securing a buy to let mortgage for all properties and then someone to find the houses in a good area and  rent them out and property manage them for me as I am in London. Are there any companies out there who so all this? I attended a webinair yeasterday from Aran curry but they want £2500 up front so I am not sure about using them. Can anyone out there help? 
    You have heard that there will be a property crash soon ?
    How about you ask the person who knows this fact is true who is going to win on next years Grand National and put your 100k on that horse

  • moneysavinghero
    moneysavinghero Posts: 1,761 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    leoni0211 said:
    Hi I want to invest in buying 4 houses in liverpool for 100k each and rent them out. I have heard there will be a property crash soon so will wait for that. I need help with securing a buy to let mortgage for all properties and then someone to find the houses in a good area and  rent them out and property manage them for me as I am in London. Are there any companies out there who so all this? I attended a webinair yeasterday from Aran curry but they want £2500 up front so I am not sure about using them. Can anyone out there help? 
    You have heard that there will be a property crash soon ?
    How about you ask the person who knows this fact is true who is going to win on next years Grand National and put your 100k on that horse

    This thread was started in October 2020 so the OP is still waiting for the crash.
  • Angela_D_3
    Angela_D_3 Posts: 1,071 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    leoni0211 said:
    Hi I want to invest in buying 4 houses in liverpool for 100k each and rent them out. I have heard there will be a property crash soon so will wait for that. I need help with securing a buy to let mortgage for all properties and then someone to find the houses in a good area and  rent them out and property manage them for me as I am in London. Are there any companies out there who so all this? I attended a webinair yeasterday from Aran curry but they want £2500 up front so I am not sure about using them. Can anyone out there help? 
    You have heard that there will be a property crash soon ?
    How about you ask the person who knows this fact is true who is going to win on next years Grand National and put your 100k on that horse

    Tbf i wish i had put £100,000 on who i thought would win the national this year - they did 
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