Overstretched home "owners"

[Simster]

you need a slap .

So do you.

And I fancy you to get one well before me.

 

[Simster]

some of you really dont do yourselves any favours do you.

To be honest, I actually quite like some of your posts. I just wish you'd rein in some of your OTT rants, because they're often completely uncalled for. You really have it in for MONG of Harveys for some reason. Very odd.

 

[Pretty pink fairy]

So do you.

And I fancy you to get one well before me.

shit happens . what makes you so defensible .

 

[The Spanish]

To be honest, I actually quite like some of your posts. I just wish you'd rein in some of your OTT rants, because they're often completely uncalled for. You really have it in for MONG of Harveys for some reason. Very odd.

yeah banality and lack of passion is the order of the day, eh.


If you find it odd that I find him irritating sometimes, then we are on different planets mate.

 

[Lokki 7]

the only profits go to the broker and the lender , its not rocket science .

Not true. Lots of modest, inteligent investors have used property as a way to guarantee a decent retirement quite successfully. It's the greedy and the foolish who cock it up.

 

[Pretty pink fairy]

Not true. Lots of modest, inteligent investors have used property as a way to guarantee a decent retirement quite successfully. It's the greedy and the foolish who cock it up.

are you talking about down seizing

 

[Don Quixote]

My dad was a property developer.

 

[Lokki 7]

are you talking about down seizing

No. Property developing and buy to let. With decent research, realistic targets and common sense you can make enough profit to make it worthwhile. But anyone who goes into it without consideration as to what will happen if prices fall deserve all they get.

 

[Pretty pink fairy]

No. Property developing and buy to let. With decent research, realistic targets and common sense you can make enough profit to make it worthwhile. But anyone who goes into it without consideration as to what will happen if prices fall deserve all they get.

current climate makes that a no no,

 

[The Spanish]

current climate makes that a no no,

depends where you are mate. In my part of London rents are holding as is demand, prices have fallen and if you have capital mortgages are never going to be cheaper.

I got a tenant within 3 hours of the flat being advertised, paying market rate.

 

[Pretty pink fairy]

depends where you are mate. In my part of London rents are holding as is demand, prices have fallen and if you have capital mortgages are never going to be cheaper.

I got a tenant within 3 hours of the flat being advertised, paying market rate.

you had a result, but as you've stated location location

 

[Lokki 7]

current climate makes that a no no,

I dunno. I've just bought a newly developed flat off a developer that's gone bust. Cheap, immaculate, central, good transport links, easy to rent out, easy to maintain, low(ish) mortgage rates and having researched the rental and occupancy rates in the area I'm fairly confident I can make a return on the rent. Stick it on a 5 year fix then decide whether to knock it out or rent again in 2014 dependent on prices.

Rather that then waste my hard earnings on a pension that some fund manager can halve in value leaving a carcass for the government to pick at, as and when they choose.

 

[The Spanish]

you had a result, but as you've stated location location

yeah its the donuts who think that just buying some mdf and briezeblock rabbit hutch in the middle of knowwhere and then expecting to sit back and count the shekels from their endless supply of tenants who deserve to get f***ed. There are plenty of thick people with access to funds.

Budget to have it not collecting rent for 3 months of the year, and think about it. City workers want railway stations and shops and that costs, if you buy cheap you will get cheap returns.

 

[Pretty pink fairy]

I dunno. I've just bought a newly developed flat off a developer that's gone bust. Cheap, immaculate, central, good transport links, easy to rent out, easy to maintain, low(ish) mortgage rates and having researched the rental and occupancy rates in the area I'm fairly confident I can make a return on the rent. Stick it on a 5 year fix then decide whether to knock it out or rent again in 2014 dependent on prices.

Rather that then waste my hard earnings on a pension that some fund manager can halve in value leaving a carcass for the government to pick at, as and when they choose.

sounds good ,but its all about having the funds in the first place to move around in this part of the housing market.

i think most people see it as too much of a risk, am i wrong?

 

[Man of Harveys]

f*** me thats a bit harsh

No it isn't GG, it's certainly cool with me and of course completely water of a duck's back. It's actually quite amusing and entertaining bile from someone who could not be advertising their own mahoosive chips on their shoulder more blatantly.

If ever asked, I'd say that I slightly pity him but he's not interesting enough for anyone to give to much of a f*** about tbh, just another ranty weird bloke on the internet.

 

[Questions]

yes you need to be a complete arse licking waste of oxygen with insincerly held views that are based more on fashion and posturing than conviction, to be able to get a job talking about 'moving forward', 'value propositions' and other pointless nonsense in a job that does not actually create any wealth or benefits, plodding along in the mid 5 figures, convincing yourself that your good fortune in education and background has nothing to do with your banal irrelevant work position in a company that you do not own, have set up, but simply suck a salary from without any spirit of enterprise yourself, but that you are just f***ing FANTASTIC and its all on merit.

Get that poncy kid into the real world I say Spanish.

 

[NMH]

f*** sake this thread is pathetic.

How many posts on it and no-one has seen the comic value in a thread title about overstretched homos. Poor show.

It WAS seen, but considered way too immature.

Oh.