LandlordZONE

17

Sep, 2014

Wednesday

Search:

Type: Posts; User: hech123; Keyword(s):

Page 1 of 18 1 2 3 4

Search: Search took 0.01 seconds.

  1. If it looks like a duck and quacks, its usually a...

    If it looks like a duck and quacks, its usually a duck - Don't over think
  2. Replies
    23
    Views
    696

    Hi Soisick. Most areas are ok in Barrow as...

    Hi Soisick. Most areas are ok in Barrow as tenant demand is so strong. You would probably want to stay away from the old tenanment buildings on Barrow Island where they used to house the ship...
  3. Replies
    23
    Views
    696

    Yeah as long as the house is done to a reasonable...

    Yeah as long as the house is done to a reasonable level from day 1 then management should not be an issue
  4. Replies
    23
    Views
    696

    Yes I can see a lot of growth coming to that...

    Yes I can see a lot of growth coming to that area. Just google BAE Barrow in Furness or something. It will be a 10 year project and will bring many people to the area. Let me know if your...
  5. Replies
    23
    Views
    696

    £40k is an average property and £400 is an...

    £40k is an average property and £400 is an average rent. Magical figures are certainly possible but more hard work is needed! Yields can be as high as 18-20% with great value added if you shop...
  6. Replies
    23
    Views
    696

    In Barrow you can buy for £40,000 and get a rent...

    In Barrow you can buy for £40,000 and get a rent of £400 p.c.m so for £80,000 you would get about £800 p.c.m. Tenant demand is really strong there as well and going to increase significantly. I...
  7. Replies
    23
    Views
    696

    My big tip - Barrow-In-Furness. Population...

    My big tip - Barrow-In-Furness. Population 70,000, news I know of - Glaxo Smith Kline have planning for a new £500million plant at Ulverston which is just a few miles away, they are currently doing...
  8. Thread: Caveat Emptor

    by hech123
    Replies
    10
    Views
    363

    wfd - from what I have seen these companies look...

    wfd - from what I have seen these companies look for areas that are extremely hard to value and that have little comparables. This area had houses selling near by for £90k. I have seen them do this...
  9. Thread: Caveat Emptor

    by hech123
    Replies
    10
    Views
    363

    Let me give you an example - I bought 8 flats at...

    Let me give you an example - I bought 8 flats at £120k that needed full refurb. I buy 20 in total all about same price direct from seller. Investment company comes in scoops up all the rest, about...
  10. Thread: Caveat Emptor

    by hech123
    Replies
    10
    Views
    363

    Yes run for the hills when you hear the words...

    Yes run for the hills when you hear the words BMV!!!! Is market value not the price the house sells for??? If I had a stream of 100's of below market value properties that were 30-40% BMV...
  11. Thread: Caveat Emptor

    by hech123
    Replies
    10
    Views
    363

    The really annoying thing is these fools and...

    The really annoying thing is these fools and there money think they are getting a good deal because of the flashy leaflets and massive sales team. It makes hard work for us doing things the correct...
  12. Thread: Caveat Emptor

    by hech123
    Replies
    10
    Views
    363

    Well there are certainly enough shady firms to...

    Well there are certainly enough shady firms to justify this. Most seem to be using Aldermore from what I have seen but I am by no means familiar with most of these firms
  13. Replies
    2
    Views
    166

    Yes some rates can be poor but the main...

    Yes some rates can be poor but the main attraction is the speed they can do deals and also the loan to values. I am still researching it but I am only getting 50% region loans from major banks at...
  14. Replies
    2
    Views
    166

    Peer to peer lending

    Hi All

    Has anyone tried peer to peer lending for BTL loans or any other loans? There are a number of new lenders doing bridging loans and BTL loans on this basis and I have been looking in to...
  15. Replies
    7
    Views
    284

    If your in London I would not worry as you will...

    If your in London I would not worry as you will get plenty on interest and a number of bidders. I have only sold one at auction and the valuation person came out and said what he thought the reserve...
  16. You don't have to tell me that, I've just got out...

    You don't have to tell me that, I've just got out of an interest rate swap that the bank mis-sold me, it was costing £4000 per month!! fortunately for me the house of commons decided these products...
  17. Very wise I think

    Very wise I think
  18. Totally agree. Your usually dealing with a very...

    Totally agree. Your usually dealing with a very large bank and it can have its advantages but is also fraught with risk and not for the faint hearted. The larger you get the more ruthless they get...
  19. Hi Hippo. What you refer to is called a hunting...

    Hi Hippo. What you refer to is called a hunting fund usually. You are right that you have to be pretty large to have one of these. How it works is usually you will have a portfolio all with the...
  20. Replies
    2
    Views
    335

    No ideas? surely someone has worked with Joint...

    No ideas? surely someone has worked with Joint ventures before?
  21. Hi, in my opinion rent and rates will rise at the...

    Hi, in my opinion rent and rates will rise at the same time or close to it. Mark Carney has stated and it is pretty obvious in any case that rates can not rise until wage inflation does, other wise...
  22. Replies
    6
    Views
    348

    Is you planning application approved? If so then...

    Is you planning application approved? If so then obviously this would be taken into consideration within any valuation. Lenders are pretty cautious with this kind of thing currently, I would advise...
  23. Replies
    10
    Views
    708

    Investing in the regions is a very good idea. I...

    Investing in the regions is a very good idea. I am based up North and we are just in the first phases of growth so you could see some real capital appreciation over the next few years in my opinion,...
  24. Replies
    3
    Views
    307

    Paul use this as a warning, they will not...

    Paul use this as a warning, they will not consider them for good reasons. They look good but require huge management and never work out the way you plan - at least that's my experience with them
  25. Replies
    5
    Views
    278

    If the friend is needing to lend the money then...

    If the friend is needing to lend the money then we can assume he does not have this money himself. If interest rates move or if he fails to sell the property then things could easily spiral out of...
Results 1 to 25 of 450
Page 1 of 18 1 2 3 4