letitcomedown Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: 58k 2. Non-regular/other annual income (Bonuses, Commission,etc) 32k 3. Income from Dividends 0 4. Annual Rental Income (if landlord) 0 5. Income from other investments 6. Capital currently in property 50k 7. Capital currently in shares 0 8. Capital currently in commodities 0 9. Capital currently in other investments 0 10. Cash in bank, savings, ISA, etc 55k 11. Annual gross interest earned on savings (if significant, e.g. STR's) Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted October 11, 2004 Share Posted October 11, 2004 All I'll say is that my total rent take is 170k approx p.a. & the rest is too personal. Please don't now all remember this & use it against me. It would be against the spirit of the orginal question IMO. Quote Link to comment Share on other sites More sharing options...
mad_dan Posted October 11, 2004 Share Posted October 11, 2004 Thanx TTRTR, Good sport & well done Really grateful to have you on this forum. ....... no I ain't gonna kiss you Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: 26k 2. Non-regular/other annual income (Bonuses, Commission,etc) 2k 3. Income from Dividends 0 4. Annual Rental Income (if landlord) 0 5. Income from other investments 6. Capital currently in property 0k 7. Capital currently in shares 5k 8. Capital currently in commodities 0 9. Capital currently in other investments 0 10. Cash in bank, savings, ISA, 20k 11. Annual gross interest earned on savings (if significant, e.g. STR's) Not enough! Quote Link to comment Share on other sites More sharing options...
how much...?? you must be joking Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: 55k 2. Non-regular/other annual income (Bonuses, Commission,etc) 7k 3. Income from Dividends 0 4. Annual Rental Income (if landlord) 0 5. Income from other investments 0 6. Capital currently in property 0 7. Capital currently in shares 20k 8. Capital currently in commodities 0 9. Capital currently in other investments 0 10. Cash in bank, savings, ISA, etc 300k 11. Annual gross interest earned on savings (if significant, e.g. STR's) 15k Quote Link to comment Share on other sites More sharing options...
Boom'n'Bust Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: £14,000 2. Non-regular/other annual income: £3000 WFTC 3. Income from Dividends: £0 4. Annual Rental Income (if landlord): £0 5. Income from other investments: £0 6. Capital currently in property: £0 7. Capital currently in shares: £0 8. Capital currently in commodities: £0 9. Capital currently in other investments: £0 10. Cash in bank, savings, ISA, etc: £15,000 11. Annual gross interest earned on savings: Don't know Quote Link to comment Share on other sites More sharing options...
Starcrossed Posted October 11, 2004 Share Posted October 11, 2004 TTRTR, you have always struck me as being someone who is posting in support of their rational best interest. A serious landlord who has not over-extended himself in the search for Fool's Gold. Good luck to you in your business. I think that you would not be able to sustain your long-term future if you started from scratch investing in property today - timing is everything. But sometimes I think that is the only difference between yourself and the average STR. Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted October 11, 2004 Share Posted October 11, 2004 TTRTR,you have always struck me as being someone who is posting in support of their rational best interest. A serious landlord who has not over-extended himself in the search for Fool's Gold. Good luck to you in your business. I think that you would not be able to sustain your long-term future if you started from scratch investing in property today - timing is everything. But sometimes I think that is the only difference between yourself and the average STR. <{POST_SNAPBACK}> IMO I was fortunate to have seen the market in Australia before arriving in the UK at the right age and moment to get in so easily. I largely agree with what you say, but nobody forced me to make the choices I made. But anyway I think it's important for many of the readers here to keep in mind that their opportunity will come and they should be ready for it when it does. I had property as an investmnt in my mind between 19 y.o. and 25 when I first bought. Quote Link to comment Share on other sites More sharing options...
Topher Bear Posted October 11, 2004 Share Posted October 11, 2004 TTRTR, I'm not using this against you, but doing a couple of quick rudimentary calculations (you're rentals are in London aren't they) then you have just over a dozen properties...which is not a huge number, probably more than the "froth" BTLs...but it does put me in mind of a question which RJG forgot to ask. Annual debt repayments? How many bears have them and to what degree, and what about the bulls and resident BTL. 170K income sounds grand, but if the annual debt repayment on the BTL loans amasses to 160K, then it doesn't sound so good. I'm not saying yours does TTRTR, just an example of how one sided a figure income actually is...which is what I've been saying for yonks about the Bull argument of affordability! In the interests of fair play, my current annual debt repayment figure is zero! Topher Bear Quote Link to comment Share on other sites More sharing options...
beerhunter Posted October 11, 2004 Share Posted October 11, 2004 Typical FTB.. 1. Basic Salary: £44,000 2. Non-regular/other annual income: £6000 3. Income from Dividends: not much 4. Rental Income (if landlord): n/a 5. Income from other investments: n/a 6. Capital currently in property: £1300 (rent deposit) 7. Capital currently in shares: £2,000 8. Capital currently in commodities: n/a 9. Capital currently in other investments: £4,000 10. Cash in bank, savings, ISA, etc: £22,000 11. Annual gross interest earned on savings: about £1,000 Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted October 11, 2004 Share Posted October 11, 2004 It's getting personal, but to answer things without giving the whole game away: I rent shared houses, 8 of them (although 1 is a flat). Last year my profit after expenses & before tax was aprox 80K. This year it's less because IR's have risen. I'm not going to post again in this thread because it's not really a thread about me. Quote Link to comment Share on other sites More sharing options...
Bubble Trouble Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: 83k 2. Non-regular/other annual income (Bonuses, Commission,etc) 15-25k (not guaranteed) 3. Income from Dividends 0 4. Annual Rental Income (if landlord) 0 5. Income from other investments 0 6. Capital currently in property 0 7. Capital currently in shares 20k 8. Capital currently in commodities 0 9. Capital currently in other investments 0 10. Cash in bank, savings, ISA, etc 0k 11. Annual gross interest earned on savings (if significant, e.g. STR's) 0k (despite STR I'm still paying off student debts - not long now though . . .) Quote Link to comment Share on other sites More sharing options...
Gen-X Posted October 11, 2004 Share Posted October 11, 2004 1. Basic Salary: £23,000 can earn alot more in private company but prefer the 40 days holiday a year and the final salary pension scheme 2. Non-regular/other annual income: N/A 3. Income from Dividends: N/A 4. Rental Income (if landlord): N/A 5. Income from other investments: N/A 6. Capital currently in property: £550 Well my landlord has got my rental deposit 7. Capital currently in shares: N/A 8. Capital currently in commodities: N/A 9. Capital currently in other investments: N/A 10. Cash in bank, savings, ISA, etc: £10,000 (less then a years saving) 11. Annual gross interest earned on savings: ~£500 12. No Debts Quote Link to comment Share on other sites More sharing options...
Bubble Trouble Posted October 11, 2004 Share Posted October 11, 2004 I dont have any shares - the 20K was sadly a mistake. Quote Link to comment Share on other sites More sharing options...
RichM Posted October 11, 2004 Share Posted October 11, 2004 24,800 all in. A really nice wife, friends, and good health! Quote Link to comment Share on other sites More sharing options...
zzg113 Posted October 11, 2004 Share Posted October 11, 2004 say what? Are you saying that you are 24 and have £800K RichM? I couldn't make head nor tail of your last post. Quote Link to comment Share on other sites More sharing options...
Lord Blackadder Posted October 11, 2004 Share Posted October 11, 2004 I suppose RichM's stash could have come from a whole variety of places. I don't tend to be too squeamish about talking money. However I hope people's views of each other posts won't be coloured now they know each other's financial position. Not for no reason were Politics and Money considered impolite conversation. So where did you get your stash then, Rich. (Just kidding - I really do not want to know). Quote Link to comment Share on other sites More sharing options...
beerhunter Posted October 12, 2004 Share Posted October 12, 2004 say what? Are you saying that you are 24 and have £800K RichM? I couldn't make head nor tail of your last post.<{POST_SNAPBACK}> I read it as worldly asserts of 24.8k... maybe wrong. Quote Link to comment Share on other sites More sharing options...
RichM Posted October 12, 2004 Share Posted October 12, 2004 Sorry chaps, I meant to say 24,800 pounds. I originally thought of saying 25k, but then thought "no, let's be accurate", put the comma in and the remaining figures, forgot to ditch the k. sorry about that. it would have been great if i had earnt more than the landlords though, wouldn't it? instead i am so average it is painful. at least i don't drive a mondeo, or live in the home counties. incidentally, i have about 4.5K in student loans yet to pay; had to delay it for doing my postgrad. the wife has even more but at least she's a proper doctor, i.e. she prescribes drugs. Quote Link to comment Share on other sites More sharing options...
wannabe FTB Posted October 12, 2004 Share Posted October 12, 2004 Earn 18.5k Have £10,000 in Ing Quote Link to comment Share on other sites More sharing options...
rockdoctor Posted October 12, 2004 Share Posted October 12, 2004 Salary + smallish regular bonus £77K Savings £12k House £500K (£180K mortgage) Some shrapnel in ISAs, Premium Bonds etc [Wife also owns house in Germany ~£80K] Quote Link to comment Share on other sites More sharing options...
TWOPEY Posted October 12, 2004 Share Posted October 12, 2004 1. Basic Salary: £24,300 2. Non-regular/other annual income (Bonuses, Commission,etc): ~£4500 -£5000 (compulsory standby) 3. Income from Dividends: £0 4. Annual Rental Income (if landlord): £0 5. Income from other investments: £0 6. Capital currently in property: Mortgage of about £60000 left 7. Capital currently in shares: £4000 8. Capital currently in commodities: £0 9. Capital currently in other investments: £0 10. Cash in bank, savings, ISA, etc: £65000 (52000 of which stooz cash - this will drop dramatically in the next 3 months, sigh!) 11. Annual gross interest earned on savings (if significant, e.g. STR's): £2500 -3000 but for this year only I would imagine) Quote Link to comment Share on other sites More sharing options...
fdk Posted October 12, 2004 Share Posted October 12, 2004 Salary - about £50K (contractor) Property capital - £170K, no debt Cash - £60K Quote Link to comment Share on other sites More sharing options...
Bruno Posted October 12, 2004 Share Posted October 12, 2004 1. Basic Salary: £100,000+ 2. Non-regular/other annual income (Bonuses, Commission,etc): £0 3. Income from Dividends: £0 4. Annual Rental Income (if landlord): £0 5. Income from other investments: £0 6. Capital currently in property: £0 7. Capital currently in shares: £10,000 8. Capital currently in commodities: £0 9. Capital currently in other investments: £25,000 (Land) 10. Cash in bank, savings, ISA, etc: £600,000 + £400,000 Pension Fund 11. Annual gross interest earned on savings (if significant, e.g. STR's): £20,000+ ....but I am an old git of 58 and have been in IT for 38 years (mostly self- employed)! Quote Link to comment Share on other sites More sharing options...
AteMoose Posted October 12, 2004 Share Posted October 12, 2004 1) 28,000 2) 1500 -> 3000 3) 0 4) 0 5) 0 6) 0 7) 0 8) 0 9) 0 10) 12,000 (+given 10,000 from dad when i buy a house) 11) 600 Also managing to save about 500 a mounth, because of my stupidly low rent. Quote Link to comment Share on other sites More sharing options...
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