Originally posted by OwlHoot
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House hunting
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Is it time to re-enter the BTL market if you are in it for the long haul and are looking for income generation from rent rather than capital appreciation? Been thinking about this for a while after selling my previous BTL and I think the ducks could be lining up quite nicely....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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1 ok-ish candidate (house near street I used to live - cost £600 back then, now something like this £950).
One more luxury apartment to go - I'd better be good
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He he he...
What is true intelligence?
Is it possessed by someone who buys a property and gets someone else to pay the mortgage, thus getting a nice nest egg after 25 years, and/or capital appreciation?
Or is it possessed by some guy who works like a donkey for donkeys years to set up a small business and pays for the other guy's property?
Clearly the latter may get filthy rich, but what are the odds?
Whereas the former is definitely going to end his days prosperous and wealthy without doing too much/or any work
Hard Brexit now!
#prayfornodealComment
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25 years x (annual mortgage - rent) = nice little pension.Originally posted by sasguru View PostHe he he...
What is true intelligence?
Is it possessed by someone who buys a property and gets someone else to pay the mortgage, thus getting a nice nest egg after 25 years, and/or capital appreciation?
Or is it possessed by some guy who works like a donkey for donkeys years to set up a small business and pays for the other guy's property?
Clearly the latter may get filthy rich, but what are the odds?
Whereas the former is definitely going to end his days prosperous and wealthy without doing too much/or any work
"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Where are the pictures?Originally posted by AtW View PostFOUND IT!!!!
Fantastic place - probably cost a million to buy, certainly feels this way
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Originally posted by TimberWolf View PostWhere are the pictures?

It looks too good to be in Birmingham.Comment
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