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  • Property Prices

    Where next for house prices?

    Yes you are right DL  they are taking a breather now before the next spurt

    Good time to buy

    8% pa is great but happy with 2-5% average pa over next 25 years

    ...........................................................

    Got potentially  a 4 bed for sale - offers over 200K if anyone interested

    Working tenant in situ @ 1000 pcm so 6% yield . I can manage it if you like

    Cash flow about 600 pcm gross @ 75% LTV  for a 50K investment plus buying costs

    So north of 20% ROI gross including CG and yield . Cant be bad

    Anticipated value in 25 years at least 400K maybe 500K .

    Rent by then may be 2k pcm .

    You pays your money -  you takes your choice


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    Jonathan Clarke. http://www.buytoletmk.com


    If you get 2’5@ and inflation I’d 3% your not keeping up with inflation

    and then when you sell you pay a boatload of of CGT

    o am not sure that’s a good deal

    rental yeild is the key not capital growth

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    ``rental yeild is the key not capital growth``

    Inflation affects all investments though

    Inflation erodes debt over time so more debt more erosion of it

    CGT is fine as a tax in principle as if you make 100K you get to keep a massive 72K of it

    If you have no capital gain you pay yes zero CGT but you are in fact 72K worse off

    I know which I would prefer

    So Yield and CG is the key to growing a portfolio

    And of course after 5 years you can release equity and put that down as a deposit on another and get infinity return on any rental income.

    High yield is good yes but it takes much longer to build and save for your next deposit

    Buy well and the CG along with a good refurb which adds value means you can buy maybe 6 mths - 2 years later

    With a higher yield even say it was pulling a healthy 200 pcm more -  that takes 10 years to save 24K

    6 mths wait is significantly better than 10 years before you buy your 2nd property me thinks

    Question please ?

    Would you prefer 8% yield and zero pa  growth as in the NE perhaps

    or

    Would you prefer 6% yield and 3% pa growth as in the SE perhaps

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    Jonathan Clarke. http://www.buytoletmk.com


    I know where my yields go JC and it’s not deposits  for BTL

    as I have never sold a property the capital value is just a fig on a balance sheet

    I never remortgage now so it’s jusy a fig

    I live on yeild

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.


    ``I know where my yields go JC and it’s not deposits  for BTL``

    Your yields do go on BTL`s though I thought you said

    You are building 40 BTR`s over 4 years and letting them out so they are in fact  BTL`s

    A CG balance sheet  is  important though even if its just a figure

    And of course much much healthier if it shows 100K not zero per property 

    Even if you never cash it in yourself you can pass it on to your loved ones....

    Good equity is like a contingency fund or a war chest - Brings peace of mind

    ................................................................................​..........

    Question please ?

    Would you prefer 8% yield and zero pa  growth as in the NE perhaps

    or

    Would you prefer 6% yield and 3% pa growth as in the SE perhaps


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    Jonathan Clarke. http://www.buytoletmk.com