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I am active. Sadly the property business is full of incompetents and total amateurs. Most Estate Agents (though not all) are useless at managing properties. They ignore problems and fail to keep the landlord in the loop. Tenants then resent the fact they are being ignored, and hold a grudge...

Greetings to realdeals In 4 evictions I have never yet lost more than 7 months income. Very few people take on a property who are positively evil. What normally happens is that circumstances change and tenants mange their money and situation very badly. There are situations where it is cost...

Personally the problem has never been knowing the OMR (Open Market rental) or indeed getting good response rates. We normally use Gumtree and the views are never less than 250 in our area. Responses are typically 40-60. Whittling it down to 3 is not so easy, and the final choice is made using...

Disagree strongly that property investment changes quickly. It is long term and stable compared to other asset classes. Your income stream from existing tenants can change very quickly, but fundamentally the market rental rate has never yet gone straight to zero, unlike my shares in Northern...

.When I started in the business over 35 years ago, my Bank manager told me that every property "had to wash its own face". What he meant by that is that the net rental had to be equal or above the total cost of interest the property had to pay Obviously one had to put down a deposit. If it was...

I am quite good at maths so do not need a spreadsheet. If you compound any amount of money over 10 years at about 7.5% then that amount will double. In my case I expect my investment to grow at 7.5% (this is something i look for across the board). In 20 years it should be worth 240. I think it...

Hi Yes if the circumstances fit. Mine has a couple in it. I bought it in January 2015 for 60k as an 85% share on a couple aged 64 male and 67 female at the time. The OMV at that time was 200-210k. I always look for something extra What really sold it to me is that it is a 2 bed bungalow on a...

Hi There are all sorts of regulations surrounding HMO's..........I have one. The key thing is to try and have positive relations with the students. Students are bright individuals. Although you should have both a deposit and a guarantor in place, students see you as getting rich whilst they...

Hi I actually own one of these. No property investment is short term but this one is very long term. You are effectively gambling on the life expectancy of the person or two people living there. It is a completely rent free investment so you need to do the maths. Current life expectancy for...