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50k buy to let

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  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
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    Check out the OP's posting history. :rotfl:
  • dunroving
    dunroving Posts: 1,881 Forumite
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    I think you should go for it. You clearly have all the qualities of a successful landlord. You will undoubtedly be quids in within 5 to 10 years. Good luck.
    (Nearly) dunroving
  • diggingdude
    diggingdude Posts: 2,445 Forumite
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    Have you considered investing in buses? Always lots of people waiting for one I have seen, you would make a fortune !!!55357;!!!56397;
    An answer isn't spam just because you don't like it......
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
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    JohnLock wrote: »
    look love, i don't want sticky fingered kids dropping sweets on the carpets and writing on my walls. that will cost me. i'm sure most single mums are salt of the earth types, but i'd prefer a disabled person who'd only use the ground floor, keeping the upstairs nice and tidy - less hassle and worry for me.

    Sweets can get dropped even if your parents are married/still together. Disabled people can drop things too.
  • LilElvis
    LilElvis Posts: 5,835 Forumite
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    Just to point out that you will need to declare your profits on your rental as part of your self assessment. Thought this was necessary to make clear as your thread from a couple of months ago shows that you have little understanding of your obligations as a self employed person.
  • LilElvis
    LilElvis Posts: 5,835 Forumite
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    This thread (from 2 months ago) demonstrates that the OP hasn't got the first clue about property ownership, let alone the complexities of becoming a landlord.


    https://forums.moneysavingexpert.com/showthread.php?t=5804353
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    Good lord ! Clueless doesnt even start to cover it.
  • ScorpiondeRooftrouser
    ScorpiondeRooftrouser Posts: 2,851 Forumite
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    Just a fantasist. Ignore.
  • davemorton
    davemorton Posts: 29,066 Forumite
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    diggingdude wrote: »
    Have you considered investing in buses? Always lots of people waiting for one I have seen, you would make a fortune !!!55357;!!!56397;

    :eek: Are you mad! Everyone that uses public transport smells of wee!!! (Or custard creams).
    “Quis custodiet ipsos custodes?”
    Juvenal, The Sixteen Satires
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    LilElvis wrote: »
    This thread (from 2 months ago) demonstrates that the OP hasn't got the first clue about property ownership, let alone the complexities of becoming a landlord.


    https://forums.moneysavingexpert.com/showthread.php?t=5804353


    What % of BTL people do though?
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