LandlordZONE

28

Jul, 2015

Tuesday

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  1. Replies
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    And for any interested in money supply - ...

    And for any interested in money supply -

    http://object.cato.org/images/hanke-img5-62012-full.jpg
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    Of course people can predict what will happen...

    Of course people can predict what will happen over time frames, they do it all the time but are not always right. Its pretty safe to say in 20 years time property will be at a higher level than it...
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    My strategy is to swoop in when people have...

    My strategy is to swoop in when people have completely given up on a particular property and they are just ready for handing the keys over :(rofl):
  4. Be the majority share holder with someone else...

    Be the majority share holder with someone else acting as Director is one option but to be honest there are a few. You can have limited companies acting as shareholders also and directors (I think). ...
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    I have also only just had my attention drawn to...

    I have also only just had my attention drawn to this button. Again I would like to thank everyone who has commented on problems/issues I have had, it has been a tremendous help. A BIG THANKS TO ALL
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    Be careful what you invest in. Too many people...

    Be careful what you invest in. Too many people come from one industry where they have success and move in to another where they lose money hand over fist. Why not invest in IT as you clearly have a...
  7. They want teenagers to be either earning or...

    They want teenagers to be either earning or learning I think, rather than sitting playing on their PS4s for 12 hours a day
  8. Whats the issue? Surely if the flat is looked...

    Whats the issue? Surely if the flat is looked after and the rent paid you should be happy? You may evict this guy and get someone in who is an absolute nightmare who pays no rent for 12 months and...
  9. Yeah has he not started to look for sports cars...

    Yeah has he not started to look for sports cars yet? I hear Porsche Caymans are very affordable now
  10. Can I just say I am 100% behind child benefit - I...

    Can I just say I am 100% behind child benefit - I do have five kids after all :D:
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    The secret to success is to let people be who...

    The secret to success is to let people be who they are................you never change them. Find out who they are and decide if you can live with it. Also never set off on the wrong foot, if it is...
  12. nukecad - you are totally correct and...

    nukecad - you are totally correct and improvements have certainly been made and it is a lot tougher to claim, I do see this through my experience. It has even perhaps went to far as I myself have...
  13. 'YES, I can write clearly and explain things...

    'YES, I can write clearly and explain things quite well, never been a problem, written thousands of technical documents as part of my job.
    YES, I am quite intelligent, had to be to do the job I...
  14. My friend who is in his 60s was being offered...

    My friend who is in his 60s was being offered £1million+ loans at very low rates in 2006-07. Last year he tried to buy a property for £250,000 which needed circa £100,000 spent on it - He had...
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    Many thanks for all the answers. My line of...

    Many thanks for all the answers. My line of thought was pretty similar - try and minimize as much risk as possible. I wish I could board and vent them and I will do when the flats become empty but...
  16. That said I do understand some people need...

    That said I do understand some people need benefits - but in my experience many don't. If your one of the few who do nukecad then my apologies
  17. Nukecad - You giving up work seems like a...

    Nukecad - You giving up work seems like a lifestyle choice to me - You have just managed to write a very good short article with lots of detail, why could this not be your job? If you can do this I...
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    Coal fire rules?

    Hi All

    I have bought 10 flats and 2 of them have coal fires in - Does anyone know what the requirements are for these? Do they need tested? Sound like a fire risk to me
  19. In light of my earlier comment - My friend is...

    In light of my earlier comment - My friend is always trying to buy the cheapest house, he will search forever trying to find the very cheapest asset. My plan is to buy for £50k and sell for £100k -...
  20. These guys basically loaned out billions of...

    These guys basically loaned out billions of pounds to people who did not work, worked part time, had no accounts - No wonder the banks went bust :(rofl):

    They would offer me loans of large amounts...
  21. 1. Lenders are idiots 2. See rule number 1 :D:

    1. Lenders are idiots
    2. See rule number 1
    :D:
  22. Logical - Don't mess around, your wasting time...

    Logical - Don't mess around, your wasting time and money. It does not really matter whether you buy for £70k or £75k in the big picture, the difference is extremely minimal if you are looking long...
  23. hadders - even at £100 a month you will then have...

    hadders - even at £100 a month you will then have to pay tax on top so it works out more. The question is can you better invest this money elsewhere? You don't make money by handing the money back...
  24. I must say I do tend to mix it up myself and only...

    I must say I do tend to mix it up myself and only have some interest only, but this is more because some lenders insist on this. I would advise anyone starting out to go down the interest only...
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    How much did you pay for current property? As...

    How much did you pay for current property? As you can sell and keep profits tax free currently if its your main residence but if you turn it in to a business asset then this will change over time
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