Reply to: Investment opportunities in the uk

[DealorNoDeal]

The most lucrative investment strategy known to man is doing the opposite of whatever is posted here: https://www.tradingview.com/u/without_worries/

[TheGreenBastard]

to make hedge funds rich? I’ll pass

You're leaving a lot gains on the table with that attitude, even capital appreciation in your real estate is in part due to the speculative markets.

Right now the ISA allowance is pretty decent and in a long enough time frame you can grow a nice little pot, back dated SIPPS are also lucrative. I also divest a % of excess Ltd. capital in stocks and shares (II has a corporate account), and occasionally add a BTL depending on market conditions, personally I prefer capital growth over yield.

The most lucrative investment strategy known to man is doing the opposite of whatever is posted here: https://www.tradingview.com/u/without_worries/

[GitMaster69]

Being good landlord also means you need ability to avoid bad tenants . It’s a business just as any and you have to swim or you’ll drown

no sympathy to section 21 evicters and you just need a reason why you’re evicting which seems fair enough .
Nothing to see here

[ladymuck]

Not sure why you laugh.
Similar thing happened to the contracting market, lots of contractors exited due to 'gov'mint interference ruining their profits', like IR35 and allowing cheap IT workers in.

I laughed because I thought it funny that someone would think it was an investment opportunity and gave the reason why I thought it was funny.

I think you've had one of these:

[Fraidycat]

I'm hearing of landlords exiting the rentals market due to gov'mint interference ruining their profits

Not sure why you laugh.
Similar thing happened to the contracting market, lots of contractors exited due to 'gov'mint interference ruining their profits', like IR35 and allowing cheap IT workers in.

[vetran]

Why do you have to evict your tenants? What have they done wrong?

he rented to the wrong sort - mods etc...

[TheDude]

Would that be an indoor farm with extensive hydroponics?

My local hydroponics shop is called Ideal Hydroponics.

[PCTNN]

I'm hearing of landlords exiting the rentals market due to gov'mint interference ruining their profits

This should be good, shouldn't it?

Landlords are exiting the market but people still need to rent as buying a house is getting more and more difficult. Less supply of rental properties with increaing demand, monthly rent can go up...yadda yadda yaddaa...profits

If you can buy a rental property without needing a mortgage, or if you're planning on keeping the property for some time (like, not selling it after 2 years) I think it's still profitable.

I myself am looking to buy a 2 bedroom flat in Glasgow and rent it up. You can still get decent old tenement flats in ok areas for not that much money and there are always young professionals/students/hipsters looking for old tenement flats.

[AtW]

Low radar signature speedboats

[courtg9000]

NowPermOutsideUK
The main thing is usage.
Holiday lets on airbnb do get abused by some renters. There is one horror story here and thousands of others out there. I know of one where a there was a month long booking and the place was turned into a pop up brothel.

Where the government are consulting is where landlords are turning properties into "serviced accommodation" usually HMO's to get around the landlord and tenant act. Renters are then having to make booking of say three months long. Its different because the landlord can immediately kick the tenant out of the bills aren't paid and the bills have to be paid up front. They can also increase market rent in serviced accommodation.

[GitMaster69]

I suspect that's a bit more accessible to the "wrong crowd" than a remote cottage in rural Devon or Cornwall.

Don't get me wrong, I was scrambling for solution to this problem . Profiling, cancelling suspicious guests (which btw is disallowed on booking or airbnb and not appreciated). But haven't found solution. I was getting good at spotting troublemakers but even one slippage through the net every few months was a huge pain to me, neighbours etc. And as I was getting good at spotting them , they were getting good at getting through the net.

[DealorNoDeal]

Manchester. Terraced house

I suspect that's a bit more accessible to the "wrong crowd" than a remote cottage in rural Devon or Cornwall.

[GitMaster69]

Where in the country was this? Were you marketing the house as holiday accommodation? I haven't heard of any similar problems with holiday letting down here in the south west, although I think many owners use holiday cottage companies rather than Airbnb.

Manchester. Terraced house

I haven't heard of any similar problems with holiday letting down here

You have now

[DealorNoDeal]

Anything unmanned without reception- don't, just don't

Where in the country was this? Were you marketing the house as holiday accommodation? I haven't heard of any similar problems with holiday letting down here in the south west, although I think many owners use holiday cottage companies rather than Airbnb.

[WTFH]

Could you give a bit more details please? This is starting to become more attractive given the goverment insistence on EPC and the impossible time and cost in evicting tenants

Why do you have to evict your tenants? What have they done wrong?