Many people in their twenties & thirties now are going to be shafted in retirement!

[russell]

The only problem with that is that there are some really tulip agents as they aren't regulated.

Some don't inform the landlord when there is a problem i.e. a water leak which could cause structural damage, and others charge as much as possible for a simple repairs.

Oh and if they collect the rent for you there is nothing stopping them from not passing the money on to you and going bust.

You are best of having a portfolio you can manage yourself.

Yeah I agree have 3-4 should be manageable, taking a few calls now and again and setting up repairs etc should be no problem for my wife.

[MarillionFan]

Thats fine provided they are let. If they are empty business rates are a real killer.

As such I would go for residential lets and spend money on putting agent between yourself and your tenants.

Which is why the return on commercial is 7-10% and residential 3-5% at the moment.