Originally posted by b0redom
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Plan B idea v7.253
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Originally posted by AtW View PostKings Cross?
ATW how's life, did you buy your Porsche ?
Milan.Comment
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Originally posted by milanbenes View Postnah that would be by the hour
ATW how's life, did you buy your Porsche ?
Milan.
But I've got a German car that requires lots of maintenance and doing around 13 mpg in the cityComment
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well B&B for the council is about £500 a week, get a few of those and you could retire.Though you might have to pay the cleaner a lot more.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by SimonMac View PostFunny you should say that, I was looking at a place up here (arse end of no where but lots of contractors).
Two bedroom house here £25k, say £100 a week per room @ 45 weeks a year = £9,000
A cleaner is £25 a week = £1300 a year
Electric, water, council tax and broadband say £250 a month = £3000
£4700 a year on a £25k investment
Won't make you a king but nice little supliment to real income
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Originally posted by DimPrawn View PostIt's good to see you have grand ambitions.
From little acorns mighty oaks grow!Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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Still no answer - are there any drawbacks here, this is my calculation:
140k BTL mortgage max 600/month interest only.
Short-term rental income: 1560 based on 60% occupancy
Cleaning costs: 150/month
What's the catch?Comment
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This is basically the holiday let model, right?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by NorthWestPerm2Contr View PostStill no answer - are there any drawbacks here, this is my calculation:
140k BTL mortgage max 600/month interest only.
Short-term rental income: 1560 based on 60% occupancy
Cleaning costs: 150/month
What's the catch?
After all that you then got to pay tax on the income?
£1560 a month
-600 mortgage
-150 cleaning
-350 "other bills"
-125 Agency fee (8%)
£335 a month or just over 4 grand a year.
For £600 a week people would expect very high end furnishings etc which will eat that £4k upOriginally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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Originally posted by NorthWestPerm2Contr View Post140k BTL mortgage max 600/month interest only.
We only just remortgaged and pay ~£550 repayments pcm on a £175k mortgage!Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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