Time to BTL?

[lukemg]

God no - Twelve more years for house prices to recover - Telegraph

That boat has been totally missed and only worked in the bubble market pre-2009. Why bother with all the grief and illiquidity when you can buy numerous housebuilders shares, or property funds/trust/REIT (commercial and domestic e.g. FCPT) AND diversify across a few business sectors to avoid betting the farm (VOD paying >7% divi this year). Stick it in an ISA, job done.

[AtW]

Personally I have always gone for the top end of the market and picked areas for which there is a range of demand e.g.close to the City AND close to a large hospital.

Why?

[Old Greg]

Why?

Junior doctors rotate around different hospitals every 6 to 12 months.

[escapeUK]

Why?

If you were that old and infirm you'd want to be close to a big hospital too.

[kaiser78]

Buy a place on the coast and use as holiday lets. Easy money and bigger returns than long term letting. And you can use it yourself if required as well.

[Pondlife]

Cheers all,

I was thinking of a couple of 2 bed flats. There is a big hospital locally and it's a decent affluent area.

More pondering required I think.

[sasguru]

Why?

Junior doctors rotate around different hospitals every 6 to 12 months.

AtW, are you beginning to understand why you're such a loser?
The other thing about doctors is that they work such long hours, if they can have top-notch accomodation walking distance to work they grab it.

[nomadd]

God no - Twelve more years for house prices to recover - Telegraph

That boat has been totally missed and only worked in the bubble market pre-2009. Why bother with all the grief and illiquidity when you can buy numerous housebuilders shares, or property funds/trust/REIT (commercial and domestic e.g. FCPT) AND diversify across a few business sectors to avoid betting the farm (VOD paying >7% divi this year). Stick it in an ISA, job done.

This^

[Scoobos]

Also This ^^

[ChimpMaster]

God no - Twelve more years for house prices to recover - Telegraph

That boat has been totally missed and only worked in the bubble market pre-2009. Why bother with all the grief and illiquidity when you can buy numerous housebuilders shares, or property funds/trust/REIT (commercial and domestic e.g. FCPT) AND diversify across a few business sectors to avoid betting the farm (VOD paying >7% divi this year). Stick it in an ISA, job done.

LOL yes because the media is always spot on, as are financial and consulting firms. They saw the credit crunch coming and prepared accordingly after all, didn't they

It's time to buy when everyone else is in a state of fear. Not quite there yet but it's certainly not a bad time to buy.

With a BTL you can easily get a pre-tax ROI of 5%, while 7% and higher is not difficult to achieve. In an economy where ROIs elsewhere are 0.2% to 4%, BTLs are actually an attractive investment proposition. Especially when you think about the long term prospects.