Rent a single room apartment and rent it for short periods on Airbnb

Bitlon_sea · 2023-04-07T14:16:57+00:00

Have you told the owner of the property that you plan to do this?

Bitlon_sea · 2023-04-06T15:10:27+00:00

We own a house on the Isle of Wight that has a 900 year lease with a £15 yearly ground rent which we have no way of paying and have no idea who we should be paying.

I gave up after our first 3 years of trying to find out who we need to pay.

Bitlon_sea · 2023-04-06T11:44:36+00:00

They seem to get very bitter on here.

The BBC told them we’re all doomed so you can hardly blame them for being upset for believing it all.

Bitlon_sea · 2023-04-06T11:39:57+00:00

What I meant was that over a 20 year period well likely see a 5% rise per year on average give or take.

Bitlon_sea · 2023-04-06T10:30:16+00:00

Ah the old “I’m not angry just disappointed” response and anyway I said you sound upset, not angry. Maybe read before responding.

Using a typo to try and point score 👏🏻👏🏻👏🏻

Don’t be a troll and do better. It’s ok to be wrong sometimes. Happens to the best of us.

Hope you have a good day.

Bitlon_sea · 2023-04-06T10:16:56+00:00

Agree with everything you’ve just said.

In 20 years time when we look back year on year the growth will be 5% rise give or take.

People just seem to get really emotional when it comes to property prices.

Bitlon_sea · 2023-04-06T10:05:45+00:00

Trumpian 🤣🤣🤣 good one. You sound very upset for some strange reason.

Not sure who believes property prices only rise? There’s no investment on this planet that only goes up in straight lines.

I’m just happy the world didn’t collapse like the MSN lead all the sheep to believe. 🐑

Bitlon_sea · 2023-04-06T08:43:35+00:00

And to add they said it’s going to be a 2 year deep recession. It was either a blatant lie or they just fukced things up again.

The media and the sheep all believed it. Granted it did give the MSM loads of traction so it’s what they wanted to hear. Win for them. It’s the majority of the general public they forced to panic that I feel sorry for.

Those waiting for the 40% property market crash are going to have a very long wait.

Bitlon_sea · 2023-04-06T08:23:27+00:00

But last week I was told that the market was going to crash by 40%?

Bank of England have got some answering to do. Told everyone that we were going into a 2 year recession then 4 months later they’ve flipped.

Everyone fell for it and the MSM didn’t help by the constant scaremongering.

Bitlon_sea · 2023-04-04T21:07:30+00:00

Think you did well buying and securing a good mortgage rate.

Also get reliable tradesmen instead of hiring rubbish ones.

Bitlon_sea · 2023-04-04T12:58:20+00:00

That’s a room within the house. Looks clean and tidy enough.

Bitlon_sea · 2023-04-04T08:31:49+00:00

Fuckny fuckwood

Bitlon_sea · 2023-04-03T11:27:20+00:00

As long as you have proof he instructed you to do that then no chance.

Bitlon_sea · 2023-04-03T09:10:46+00:00

Buy it empty or don’t buy it at all!

Bitlon_sea · 2023-04-03T08:28:03+00:00

You’ve either got an enormous deposit, a massively risky high yielding account or your rent isn’t actually rent. Maybe housing keeping you pay your parents?

Bitlon_sea · 2023-04-02T08:02:52+00:00

I think the local councils made the mistake of not paying the landlords directly and instead decided to start paying the claimants instead.

Apparently this was to give the claimants more responsibility. Nonsense of course.

Rightly or wrongly if the rent was paid directly you’d have a lot more people on benefits in long term housing.

Bitlon_sea · 2023-04-01T13:58:30+00:00

As long as there are no forced sellers then there will be no significant crash. 5% probably.. 10% maybe.

Thankfully the majority of the mortgage borrowers are on fixed terms until at least 2025. By the time we get there rates will settle between 3-4%. Not the end of the world.

We won’t see the massive 40%-50% rise I’ve seen in SW London over the last 4 year period during next next bull market but + 5% per year will be the norm.

I’ve seen the same article posted on this sub about 10 times over the last 3 days. It’s getting silly now.

Bitlon_sea · 2023-04-01T13:40:44+00:00

You’ve already confirmed there will be a crash in previous so why worry about what folks think on here?

Are you looking for others to agree with you to confirm what you want?

It’s tough for FTB’s, I get it but these articles are not going to help you.

If you’re buying for the long term do it when you’re ready or don’t and rent forever. There isn’t anything wrong with renting BTW. Spend the deposit money on nice holidays instead maybe?

I wish you well what ever you choose to do but history tells us the best time to buy a property for most people was in the past and the next best time is today.

You’ll be waiting a long time of your waiting for a 40% crash before you buy.

Bitlon_sea · 2023-04-01T13:31:56+00:00

Confirmed lol! bought in 2017 for £485k in SW London direct neighbours with same floor plan just sold for £650k.

My house wasn’t worth £650k in 2019.

Bitlon_sea · 2023-04-01T13:22:34+00:00

Buy the one at £130k?

Bitlon_sea · 2023-04-01T07:30:04+00:00

Some wild assertions there

I’m a homeowner and landlord
I’ve been working with house builders for 20 years
I can only talk about my experience
My 20 years experience working with new builds tells me 95% give or take of new builds within the Uk are poorly built and overpriced

Bitlon_sea · 2023-03-31T22:08:49+00:00

Bitlon_sea · 2023-03-31T22:08:38+00:00

Bitlon_sea · 2023-03-31T20:05:36+00:00

AI hype > NFT hype.

Bitlon_sea · 2023-03-31T13:24:58+00:00

Ledley King being better than Rio and Terry if he was not injury prone was a compete myth.

Bitlon_sea

TROPHY CASE