Finding Property Bargains
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13:05
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Your HMO Expert HMO Testimonialby matthewjamesmoody372 views
Right now is the best time to get into property investment and finance is available.
You can buy an asset today at 25% discount to 2004 values with low interest rates and cashflow of £500-£1000 or more per month.
Renting your property out is critical and thus you need a strategy to ensure that you don't have voids. Our occupancy runs at 95% currently.
Check out my website for my 90-day plan for getting started.
matthewjamesmoody 3 years ago
Putting money into buy to let at the moment is suicide. Rents are collapsing almost as fast as house prices and their void periods increasing.
Banks don't want buy to let mortgages at the moment, they are getting rid of their deals as the sector is so vulnerable.
brit1664 3 years ago
HMO Regulations dictate that up to 5 people can share one bathroom but we will always have a maximum of 4 people per bathroom. This particular property had an ensuite and a bathroom so would suit itself to 5 beds. If you were to rent out the sixth room, I would encourage you to put in another bathroom.
matthewjamesmoody 3 years ago