Buy to let flat
Discussion
I'm sure there'll be plenty of you lot who have been here.
I'm considering a buy to let flat but I'm new to this, not sure where to start.
I'm tempted by a flat as I think it'd be easier to look after.
I'd like to buy it outright. I can get a flat in Rushden about an hour from me for about£100k.
It's a 1 bed professionals flat it'd be about £600 pm
I get the pitfalls of being a landlord but know little about the financial side of things
Is it worth doing?
I deal with civil disputes between tenants and landlords in my job, but many of these involve no one ever having considered a contract!
I'm considering a buy to let flat but I'm new to this, not sure where to start.
I'm tempted by a flat as I think it'd be easier to look after.
I'd like to buy it outright. I can get a flat in Rushden about an hour from me for about£100k.
It's a 1 bed professionals flat it'd be about £600 pm
I get the pitfalls of being a landlord but know little about the financial side of things
Is it worth doing?
I deal with civil disputes between tenants and landlords in my job, but many of these involve no one ever having considered a contract!
I completely see your point, I'm in two minds as have seen the crap side of it through work over and again.
Without going into too much detail
I'm thinking hedge my bets by it being bought outright I'm not costing myself anything in void periods
I'm looking for a decent fairly new build flat which would generally be rented by a single working 20-30 yr old
Close to the station and main arterials. Try and minimise risk really.
I'm not looking to be a property magnate, just beat a savings account, without a big risk
Without going into too much detail
I'm thinking hedge my bets by it being bought outright I'm not costing myself anything in void periods
I'm looking for a decent fairly new build flat which would generally be rented by a single working 20-30 yr old
Close to the station and main arterials. Try and minimise risk really.
I'm not looking to be a property magnate, just beat a savings account, without a big risk
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