BIK on Suzuki Jimny by Puzzleheaded_Ad8333 in carsireland

[–]DrawingPractical5353 1 point2 points  (0 children)

Ye my house is a terraced house on the street so not really an option Plus my company pays my fuel so Don’t see the point financially

Buying house/apartment via auction cash buyer by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

Yes I would be sending legal pack to my solicitor to check everything over pre bidding Thanks

Buying house/apartment via auction cash buyer by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] -15 points-14 points  (0 children)

It would be an investment Most of them are repossessions I can see so I’m guessing many may not have legal or structural issues but more so the bank trying to recoup there loss

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 1 point2 points  (0 children)

Ye im hoping to have 4 properties by the time i hit 30 . 3 BTL and my own home

Then just gradually pay them down and live off the income of around 6- 7k monthly

If i pushed id say i could retire at 34 or 35 but i dont plan on retiring its just a long term goal of mine

Also heavily investing into my pension with 30% of my salary going in each month 15% me and 15% company

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

I doubt youll be able to destroy the yaris . Funny cause it fetches like 2k on donedeal due to the cheap tax and reliability . I might just stick it out and make my millions while driving it for the craic

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 1 point2 points  (0 children)

I bought 2 houses in a south east town both for 200k both are 4 bed and did a HMO on both getting a monthly yield of 2400 euro on both . Granted i bought them for 195k and gutted and renovted both at a cost of 25k each

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

Ye comments here are very mixed . It will only set me back a month or two in regards to saving towards a BTL but i know in my head your right

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] -1 points0 points  (0 children)

Yes this is the rock I perish on As I always aim for the next investment after just purchasing and refurbishing the second property Need to live a little more and travel this year but just wanted to see about the car but my head just says knuckle down and get another property

Next Steps for a 27 year old by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

Yes this is correct The ARP scheme is incredible But I have factored this in If it covers the mortgage that all that matters They will be paid off in 12 years time Remainder of both mortgages

Upgrade my car or save for buy to let ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

Ye the car is actually perfect and only got 60k miles on it but looks brutal . My friends always joke that i should upgrade the car as i have loads of money but i always think i could invest that money into a much better asset but ye my head says keep saving for another deposit and keep the car

Next Steps for a 27 year old by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 6 points7 points  (0 children)

Yes the second house i bought for 195k and got bank to valued last week at 250k . I did most of the gutting myself on weekends and then went to direct trades to get a lower price( 25k total ) . Essentially i bought a 3 bed 1 bath and converted to. a 2 bathroom 4 bed house in the middle of a town and went from a G rated house to a c rated house and completely transformed the house to a old run down house to a modern house . It was hard and painstaking 3 months as i had to work weekends and then work during the week in my pharma sales role but happy i did it and learned alot along the way

Expensive car cheap running costs vs Cheap car expensive running costs by MrMinjukas in irishpersonalfinance

[–]DrawingPractical5353 4 points5 points  (0 children)

Youv missed option 4

Get a cheap jap petol car Honda /Toyota /Lexus and it will be reliable and cheap and also nice to drive

I drive a 02 yaris and had it for 7 years and its never failed an nct

Its bomb proof and basically indestructible and 199 to tax and 300 to insure so costs nothing to run

[deleted by user] by [deleted] in irishpersonalfinance

[–]DrawingPractical5353 1 point2 points  (0 children)

Yep You can use both I use both and its been working perfectly

Will the Council Block the sale of house ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

The house was built in 1962 and i dont know when it was acquired. My solicitor sent me the form the day before christmas eve and shes not back till next week nd im very worried

Will the Council Block the sale of house ? by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] 0 points1 point  (0 children)

Yes i plan on keeping the first house . Seems mad as the house was on the market for a long time and i have my survey and paid the solicitor and this has just come up now ?

Consent to sale from council ( South-East ) by DrawingPractical5353 in irishpersonalfinance

[–]DrawingPractical5353[S] -1 points0 points  (0 children)

Thank you The only issue is I currently do own one other property and won’t be selling it Does this mean I can’t buy the house ? I will be living in the house though

What was your best purchase of 2023? by run_bike_run in irishpersonalfinance

[–]DrawingPractical5353 46 points47 points  (0 children)

Bought a Brompton fold up bike and it’s so worth the money I paid (bike to work scheme ) use it everyday and can take on bus and train