This...

Sounds a good deal, what I would need to know before investing is:
Who will manage the property and take the rent?
What % of the rent do they take as a fee
What if any cover do they provide if the property sits empty/tennant doesn't keep up payments/tennant wrecks place?
 
stopmeandslapme said:
Sounds a good deal, what I would need to know before investing is:
Who will manage the property and take the rent?
What % of the rent do they take as a fee
What if any cover do they provide if the property sits empty/tennant doesn't keep up payments/tennant wrecks place?
Click to expand...
A management company deals with it all and you get paid quarterly or if you want monthly. Tennants pay 2 months bond so if they leave you are fine, as the vacancy rate is about 4% in the area. All insurance is paid, city fees, HOA fees etc. I think you should be more looking at the yield and in fact we could probably guarantee buying back at double the price within 4 years too put into our bond. If you are serious/not stupid you will be interested
 
Minimum yield is 15%. It is only buy to let investors in UK that think about covering their mortgage. It is quite sad.
 
So basically you're a cockaroach making profit from the misery of others.

**** you ya bam. You won't last long on here, I can tell you that. Nae **** likes a newby who's successful.
 
Haha brilliant. Wee Monica on here all chuffed wea himself.

Look at me lads, I buy property on the cheap cause ****s couldny afford their mortgages. I make a packet.

****ing vampire.
 
  • Like
Reactions: Patience and Girvan Loyal 1690
You must log in or register to reply here.
Top Bottom
Back