yadayada

I suspect anyone spending like that has a healthy inheritance somewhere.

Mad to borrow that amount.

All you need is a serious car habit - bmw, Mercedes, Range Rover - and you'll be a high earning pauper in no time.

Could you check that link please?

Ah, come on. Who wouldn't pay that for a powerful relationship with the skyline?

Is this the same man as had the carrig (ex rock bakery) among other pubs?

I think the suggestion is no tax be paid, which does admittedly maximise yield. As well as the risk of criminal charges.

Could well be. Good luck with the rates when you've identified yourself as the owner of the house, and with the insurance, specifically for a rented house. Might be embarrassing at the tax audit. Similarly, the house once rented becomes a business asset and is then subject to capital gains tax once sold. It's not unknown for disgruntled tenants to squeal on a landlord they don't like.It's not looking good, is it? I believe praying for a property boom is not considered appropriate, but that would be the only salvation.

So we're down to 3.33%. Voids, maintenance, insurance, tax? Na, not worth it, so we're back to the old stand by - the hope of appreciation. That used to be a certainty, of course. Not so much in the modern world.

Rateable value £255,000. What's that? £1300, £1400? There's a month and a half's rent gone.

Let's see how long it takes to sell first. Anything more than a month or two and you can be sure they "can't sell their house" because it's not worth what they think it is and they haven't got round to dropping the price yet.

I do think a bidding frenzy (remember that hysterical term?) would have ensued if the house had been pitched so much less than it's supposedly worth.

An entire generation of house buyers.

Well all very well unless the entire house buying public can see your indecisive anchoring strategy playing out in the ads. No rhyming punning jokes please.

Does this make sense? It would have been bid up to the supposed high value from the lower price without any such antics needed.

Better than losing it.

I'd suggest a turn for the worse. There can't have been many people trying to get into the business compared to the boom years referred to there. Surely the pressure has been in the other direction through bankruptcy and repossession, and despite all the talk to suggest otherwise, there hasn't been any significant appreciation in the value of rental type houses in what is now a 7 year period.

I wonder have things changed much since 2009? A fair bit, I'd say.

So that's around £5000 a year, allowing for the rates, a bit of maintenance and the odd void month between tenants. What's the house worth? Even if you paid for it outright with savings, anything over £100,000 and it starts to look dodgy. Any borrowings and you're in bother. It's been said before, but this whole game is based on capital appreciation, and a hope (or expectation) of future rent rises.

Has anyone any figures on what an average landlord is? Clearly not the famous Declan, but are there people on 30,000 a year with more than one house?

. If your landlord is not in the higher tax bracket, he's rather brave in getting into the btl racket. I don't think I'd recommend the game to anyone on ordinary income. Only gamble with what you can afford to lose and all that.

It all depends on the level of borrowing involved, as shown above.

£833 a month? Take a look at property news rental section.

Tax changes already made. Not an attractive investment without capital gain. Who was it on here who claimed to be making money having bought post crash? Not that any recovery in prices was particularly obvious, any updates available from our resident property emperor ?

Who's Declan?