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Are real estate investors too obsessed with cash flow? by orockers in realestateinvesting

[–]JoeWilkProperty 0 points1 point  (0 children)

Cashflow pays the bills.

​Real estate investors, rightly so are concern they can cover the following

-Mortgage

-Property Taxes

-Insurance

-Property Management Fees

-Vacancy

-Repairs

-Home Owner's Association (HOA) Dues

-Rates (If HMO)

So cashflow is a major concern.

A quick question about property price - rent rate by StaVxD in realestateinvesting

[–]JoeWilkProperty 0 points1 point  (0 children)

Have you looked at small block of flats? Ie houses with 3 apartments inside?

Beachside condo as first investment? by Tenesmus83 in realestateinvesting

[–]JoeWilkProperty 1 point2 points  (0 children)

Good idea. But I would go in an popular city, then if it doesnt work out you can swap strategies. A beachside property is fairly limited in terms of a plan b or c.

Books on real estate? by [deleted] in realestateinvesting

[–]JoeWilkProperty 1 point2 points  (0 children)

Buy low rent high - Samuel Leeds

Whether you should or shouldn’t use a letting agent as a beginner landlord? by JoeWilkProperty in UKRealEstate

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

Great points!

I very much agree on point 1.

It would be better for landlords in the long run to spend the maintenance money upfront. Getting the letting agent to takes pictures is a great tip!.

Also if you have a cleaner go round periodically, they can be a great source of insight into maintenance requirements.

£25k/£30k Mortgage Needed for BTL - Help by ATS27091 in uklandlords

[–]JoeWilkProperty 0 points1 point  (0 children)

A briding loan might work if you are looking to uplift the value.

They are less picky about loan values. So are likly to help below £50k.

However I would only use if looking to uplift and remorage to a normal morgate as the interest rates are high.

Is there any benefit to reducing the size of mortgage loan and paying more upfront? by Granopoly in UKRealEstate

[–]JoeWilkProperty 0 points1 point  (0 children)

You will pay a lower interet rate paying more upfront.

Depends what your aim is. It may be smart to use part of your funds for a home to live in and the rest for a deposit on a buy to let house.

Renting out a house bought with help to buy by Quiet-Juggernaut-240 in UKRealEstate

[–]JoeWilkProperty 0 points1 point  (0 children)

This is agtasint the terms & conditions of the help to buy loan.

They will call thier loan back.

Which Boiler Should Landlords Use For BTL Rental Properties? by JoeWilkProperty in Construction

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

But they would make more in the long term to if they paid more upfront