What's Central Glasgow like, lots- little rental availability? What trajectory is it on? Are folks flocking in or heading the other way? What have prices done there over the last couple of decades?
6 per cent net hassle free doesn´t sound too bad at all.
Last edited by Passenger; 24th March 2024 at 16:18.
Just took as an example as it has an 8% yield.Originally Posted by Passenger
According to whom, based on what?
Aren´t Bitcoins flying, where the smart money is?
6 per cent net hassle free doesn´t sound too bad at all.
Last edited by Passenger; 24th March 2024 at 16:27.
1x BTL fully paid off is money in the bank, plus (generally) capital appreciation
Whilst your 2k repair bill p/a seems excessive, with interest rates being high as they are, a savings account will perform just as well
Several BTLs dilutes your risk but with mortgage they will just break even. But you then have tenants paying off your mortgages and eventually, free houses.
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