BTL - is it worth it?

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Calling BTL land lords!

What is your view on the value of doing BTL? I.e once you paid your mortgage, insurance, repairs etc and any admin is it genuinely worth it?

What kind of other costs do you regularly see?

Any other major issues?

Total newbie here so go softly!

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Oh and another question - what kind of time scale do you use to refurb the property? 5 years? 10 years?
I am thinking light refurb after 5 and full refurb after 10?

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Thanks all good stuff. So light refresh at 5 years might be good plus perhaps a more serious refit after 10.
In terms of our circs we are moving but keeping our old place - so its not technically BTL. The main concern is people trashing the place!
I can live with it - but the wife not so keen!!