LandlordZONE

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Jul, 2014

Saturday

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  1. i was in your shoes not long ago and I didn't...

    i was in your shoes not long ago and I didn't have bags of capital to start with. The best option for me was to go with interest only mortgages to build a sizeable portfolio (currently on 5 with a...
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    Void Period COuncil tax bill??

    Hello,

    Today I have just received a council tax bill of £20 approx. Property bought in November and more or less tenanted 3 weeks later.

    During these 3 weeks I had to arrange carpet fitting,...
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    Hi! This is interesting as I am a teacher and...

    Hi! This is interesting as I am a teacher and have three young kids. Not single but I certainly empathise with the demands of the teaching job! I would love to hear how you got to where you are now!
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    Lol!! Like it

    Lol!! Like it
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    776

    Bolton atm.

    Bolton atm.
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    I am a fairly new landlord. I have 4 properties....

    I am a fairly new landlord. I have 4 properties.

    Rent total : £1500p/m
    Mortgage: £750

    On top of this I incur the usual fees I.e. insurance on all properties, gas safety checks per year, odd...
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    Recycle Cash Invested

    Hi guys,

    I would like some advice please! I have recently purchased a property for 45k (2bed terraced). I purchased this from a motivated seller as this property belonged to her mother who has...
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    Renovation Project - DRY ROT advice

    Hi all,

    Ive just recently purchased a pretty cheap 2 up 2 down terraced house and have come across (according to my plasterer) a DRY ROT problem on my floor boards in the front room. When the...
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    Salford Quays Apartments…Worth it?

    Hi All,

    This looks interesting to me. HAs anybody invested in Salford Quays and if so, can you share your experience?

    Here is the link to what I am considering:
    ...
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    interest rates..

    Hello to all LL's with B2L mortgages…

    When do people anticipate BOE interest rate rises?

    interested in hearing peoples thoughts…

    Thanks!
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    if you decide in getting into the property game,...

    if you decide in getting into the property game, you may decide to use a letting agent that can source tenants and manage the tenancy on your behalf…this CAN be hassle free depending on how good the...
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    Remortgage the rental property- withdraw some...

    Remortgage the rental property- withdraw some money from this and pay off your mortgage?

    plan b) remortgage rental property, buy another rental property and pay off some of your own mortgage?
    ...
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    I couldn't agree more. At the end of the day, its...

    I couldn't agree more. At the end of the day, its down to your attitude to risk.

    If you aren't a risk taker, then don't bother. You will never know what is really going to happen. The best...
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    My educated guesswork would be... Stick with...

    My educated guesswork would be... Stick with property!
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    Invest in Malaysian real estate.

    Invest in Malaysian real estate.
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    If you had 10 properties all earning £300 each....

    If you had 10 properties all earning £300 each. You would have £3000 in your pocket per month. You can then focus on individual properties in your portfolio and concentrate on paying the capital off....
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    Thanks for this advice. I would also like to add...

    Thanks for this advice. I would also like to add that I want to be in a position where I quit work and do this full time. I am getting tired of the daily 9-5 grind not to mention the extra work that...
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    My Portfolio SO Far

    Hi All,

    Please comment on my portfolio so far. Here are the details:

    All properties are 2 up 2 down terraced houses

    Property one: 15k Equity 45k Mortgage,
    £169 4.49% interest only mortgage...
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    Timing is everything. Where do you think we are...

    Timing is everything. Where do you think we are right now in the property market cycle? Good time to buy? Big falls expected? Slow rise? Medium to short term?
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    I know a solicitor who is prepared to fight your...

    I know a solicitor who is prepared to fight your corner on this. Send me a PM.
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    Yet…... :)

    Yet…... :)
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    Hi Terry, What region of UK are you in? You seem...

    Hi Terry, What region of UK are you in? You seem to be doing what I am embarking on! I am in Northwest and prices seem similar...
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    Yikes! Be prepared for interest rate rises is my...

    Yikes! Be prepared for interest rate rises is my advice!
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    Thanks everyone. Some excellent advice there. I...

    Thanks everyone. Some excellent advice there. I will certainly be getting receipts.

    The boiler is a very good standard boiler and i have spoken to a lot of local landlords who use this boiler. It...
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    Boiler is an ideal logic + £2000 all in inc 5...

    Boiler is an ideal logic + £2000 all in inc 5 rads. Gas safe trades men. Cheapest quote was £1800.

    the rest of the work is from a tradesman i know and other quotes have been similar. Northwest...
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