Budget and BTL - Contractor UK Bulletin Board

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tim123 replied

13 March 2008, 10:24
Originally posted by bogeyman View Post

You forgot the lawnmower!

Bah! Call yourself a pro!

I once saw a house where I was expected to supply my own.

I told the agent that I thought this most unreasonable and walked out.

tim
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tim123 replied

13 March 2008, 10:23
Originally posted by Diver View Post

A selection basket of cleaning materials for the kitchen and bathroom.

My bastard rental agency included the cleaning materials left by the previous tenant on the inventory.

They expected me to replace them for the following tenant. (I cheated and bought cheap own brand stuff)

tim
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tim123 replied

13 March 2008, 10:20
Originally posted by bogeyman View Post

I have lived in rented accom. many times in my life and have only ever seen the standard go up. If I were a single young bloke these days, I'd be looking to rent rather than busting my balls trying to get on the mortgage treadmill.

I agree. 30 years ago when I didn't have the 10% deposit necessary to get a mortgage, the rental options (that were reasonably affordable) were pants.

You busted a gut to save up the 10% to get out of the god awful places.

Last year, I looked at some rental places and they were all really nice, why would you want to work your balls off to buy a place that's probably not going to increase in value in the current market.

tim
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Diver replied

12 March 2008, 16:20
Originally posted by Bagpuss View Post

Is he offering to show you his extention?

I think he's trying to flog me a highrise
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Bagpuss replied

12 March 2008, 16:19
Is he offering to show you his extention?
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Diver replied

12 March 2008, 16:17
Originally posted by bogeyman View Post

I could sell you a bigger one.

What's your email addy?

Is it a one up two down or a three bedder
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bogeyman replied

12 March 2008, 15:44
Originally posted by Diver View Post

Yeh! I got swindled

I could sell you a bigger one.

What's your email addy?
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Diver replied

12 March 2008, 15:43
Originally posted by bogeyman View Post

Yep, penises are a swindle alright.

Yeh! I got swindled
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bogeyman replied

12 March 2008, 15:41
Originally posted by DimPrawn View Post

Penis

Yep, penises are a swindle alright.
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DimPrawn replied

12 March 2008, 15:29
Originally posted by bogeyman View Post

Yeah, I'd be there now if the missus would up-sticks.

The property is our pension substitute. We both have next to nothing in pensions - but then I think pensions are a swindle.

Penis
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bogeyman replied

12 March 2008, 15:17
Originally posted by Diver View Post

I don't want to be doing BTL forever, there is a time to sell up and retire completely.

Preferably somewhere warm

Yeah, I'd be there now if the missus would up-sticks.

The property is our pension substitute. We both have next to nothing in pensions - but then I think pensions are a swindle.
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Bear replied

12 March 2008, 15:15
Originally posted by Diver View Post

Thank you for your invaluable input Bear

With my track record, my retirement will be close to a good hospital though

Reading the thread with interest - trying to learn something useful for the future.

I have 1 BTL currently
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Diver replied

12 March 2008, 15:13
Originally posted by Bear View Post

Morriston Hospital?

Thank you for your invaluable input Bear

With my track record, my retirement will be close to a good hospital though
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Bear replied

12 March 2008, 15:10
Originally posted by Diver View Post

Preferably somewhere warm

Morriston Hospital?
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Diver replied

12 March 2008, 15:05
Originally posted by bogeyman View Post

Yep. Just knocked down an old detached garage and built a new one with a sort of granny-annex space over it.

You have to play the long game. It's no good thinking of housing as short-term assets.

I don't want to be doing BTL forever, there is a time to sell up and retire completely.

Preferably somewhere warm
Leave a comment: