Part time work….

[Shimano105]

(WRT original post) Why oh why oh why oh why do people get themelves into this situation?

 

[Pondlife]

(WRT original post) Why oh why oh why oh why do people get themelves into this situation?

What's not to understand? Originally posted by Wilmslow.

 

[Shimano105]

<canned laughter>

 

[d000hg]

Assuming your job has a sensible salary, how can you not afford to make ends meet? Did you buy a £500K house and have to pay £2000/month? Do you have kids at private school? If so, you bought outside your means. If not, you just don't know how to live within your means. A software professional should not need to take a 2nd job to pay the rent, like some unskilled worker.

 

[Pondlife]

Why do people still take this seriously.

 

[DiscoStu]

Assuming your job has a sensible salary, how can you not afford to make ends meet? Did you buy a £500K house and have to pay £2000/month? Do you have kids at private school? If so, you bought outside your means. If not, you just don't know how to live within your means. A software professional should not need to take a 2nd job to pay the rent, like some unskilled worker.

Cos he bought another house without selling his old one. Perfect timing for becoming a BTL landlord

 

[Wilmslow]

Cos he bought another house without selling his old one. Perfect timing for becoming a BTL landlord

Not far off the truth to be honest.

I get £700 rent, mortgage is £550, but there is a lot of hassle with the measly £150 profit!

Plan is to wait another 40 years until the price starts to rise again.......

Just a bad couple of months - it is not every month you shell out £12K on home improvements!

We are talking new bathroom, kitchen and lounge. Literally.

 

[oracleslave]

Not far off the truth to be honest.

I get £700 rent, mortgage is £550, but there is a lot of hassle with the measly £150 profit!

Plan is to wait another 40 years until the price starts to rise again.......

Just a bad couple of months - it is not every month you shell out £12K on home improvements!

We are talking new bathroom, kitchen and lounge. Literally.

<<<canned laughter>>>

 

[ace00]

Just in time to get down the post office and sort some xmas mail I think.

 

[Wilmslow]

Just in time to get down the post office and sort some xmas mail I think.

Hmm... You may be onto something.

I like the idea of a Saturday post round, I am used to getting up early and would welcome the excercise!