Search the Community
Showing results for tags 'propertytribes'.
Oh dear, looks like some landlords are slowly realising that they *are* the greater fools... https://www.propertytribes.com/lack-of-interest-in-btl-market-t-127631668.html ...and to round it off nicely, she is putting up one of her BTLs in a raffle - the hallmark of somebody with serious delusions about how much their "property" is worth.
Whilst the advice is being sought elsewhere (property tribes), there is no reason at all why an investor in such a position should not benefit from advice offered here too http://www.propertytribes.com/advice-on-next-property-move-t-127621610.html#pid237601 Basically, investor has 4 properties purchased for £949k, current market value £1.16m, mortgages £471k, gross rental income £51k (41% LTV, 4.4% yield at current value) The question is: Would you be happy with what you have or try to push on?
I am not sure who she is trying to convince. Maybe herself. Headlines here, details in the link below 1. Rents are predicted to continue to rise. 2. Continued rise in urban renting population 3. More babies being born than houses been built 4. More new Buy-to-Let mortgage products and an increasingly competitive market place 5. Property still the preferred choice for pensions 6. People are living longer 7. Interest rate rises will remain well below previous "normal" levels 8. Lack of coherent housing policy by successive Governments 9. Buy to sell, property trading, and holiday lets are not affected by the tax changes http://www.propertytribes.com/irrefutable-reasons-why-property-still-viable-investment-landlord-t-127621548.html
There are some sensible contributors on property tribes and I expect it is frequented by some good landlords. This thread, started by the famous Fergus, has attracted some interest - 'What would you like in the Landlord Package from the government to incentivise you to help build homes for 3m people' Some of the views, in particular on P2 and P3, are sensibly put. http://www.propertytribes.com/where-now-david-cameron-t-14385-2.html