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Monday 16th December 2019
Total Number of Property118
Comments:
5
16:08 PM, 17th May 2022, About 3 years ago
Reply to the comment left by Accommod8 at 16/05/2022 - 10:34
Sorry Typo in responding quickly, It should say the answer to the question is NO I don't think there will be many property millionaires from Rent to Rent because in my opinion a millionaire is someone who has £1m+ in assets. That does not mean that Rent to rent is a bad strategy. Far from it. I think it's very powerful to create cash flow but because you generally give the asset back to the owner after 3 to 5 years it does not build you asset value. I hope this clarifies by comment. Kind regards Simon... Read More
9:39 AM, 16th May 2022, About 3 years ago
Hi Mark, an interesting article. You make some great points and I agree that Rent to Rent is seen as a strategy for newbies, however there are many benefits for experienced investors to use rent to rent on larger properties which can create significant income with out the need for deposits or having to get mortgages in place. The problem is that many people who "try" to do rent to rent just don't know what they are doing and that's why there are some horror stories. To answer your questions there would bee any Rent to Rent Millionaires because they don't own the property and usually give it back to the owner in 3 to 5 years.In my view a better tool to use is Purchase Lease Options where you get the right to buy as well as gaining cash flow in the meantime. Kind regards Simon... Read More
11:57 AM, 23rd December 2021, About 3 years ago
Hi Monty, I don't believe those figures. If you speak to most letting agents they will tell you there is a massive shortage and rents for good property have gone up as much as 15% to 20%. Kind regards Simon... Read More
9:12 AM, 22nd December 2021, About 3 years ago
Reply to the comment left by Paul landlord at 21/12/2021 - 14:13
Hi Paul, I am not sure said the Government had told us a lie in this video. With regard to printing money there will be inflation because of this and usually interest rates are put up to control inflation. However because the Government has so much debt they can't really afford for interest rates to go up otherwise the interest on their debt may become unserviceable. I hope that makes sense. kind regards Simon... Read More
12:23 PM, 16th April 2021, About 4 years ago
If you want to join em on the live training that I mention you can register here:
https://property.isrefer.com/go/HMO-web-1/property118... Read More