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Thought it would be interesting to see how long we've been in the game?
>>>Criteria: a residential property that was bought solely with the intention of renting out, you never having lived in it.If you haven't bought one yet, what year do you plan on doing so?>>>
My first one was in 2004.Last one in 2011.Not sure there will be another!I don't own the first one, sold that in 2007 or so and broke even (not including my light refurb time), still own the one bought in 2011 and plan on paying off mortgage to keep it.
My first purchase was in 2004.Last one 2009.Not sure there will be another one!Still own the first BTL purchased in 2004, but have sold four properties over the past 6 years or so. Last sale about three years ago. Not planning on selling any more in the foreseeable future.
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
For sure, and I regret having to sell those properties, but of course had valid reasons at the time and the circumstances to hand and the decision was not taken lightly. Two had massive service charges that I found a struggle to pay so we sold them, one was a very poor performing property and was a constant hassle, and the other we sold to have some money to develop Property Tribes.
Hi Kay, Essentially we ran out of cash for deposits and it became much harder after the financial crash and the introduction of the PRA to grow a portfolio. I don't invest in anything else, other than investing my time in helping Nick build Property Tribes as a business (which was never intended to be a business when he founded it for me to chat to my property friends, but has grown into one).I am starting to think about investing in gold, and am currently researching that.
i'm fairly new to this.. focus on new builds in prime locations mainly Beds, Bucks and Herts
My first purchase was in 2005 as residence that we converted to a BTL in 2013.Last one July 2019.Two more completing beginning next year!Selling my first one and moving monies to a Limited company, Not planning on selling any more in the foreseeable future.
My first was in 2005.
My last was 2017.
Although my first purchase was in 2002, where I let rooms to lodgers while I also lived there; but that doesn't count with your criteria.
I'm looking for another at the moment.
Landlord | PaTMa Founder | Property and Tenant Manager software
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