UK Landlord Forum / Life

I know this place is a bit dead at the moment, but it's only been alive and kicking for a few days!

Anyways, what's everyone's story? Why are you here? Are you a property investor, or are you looking to get into the field?

Cheers!

Hi..

My name's aidan, i'm an estate agent from northern ireland, just been i teh business for a year now and things are great, i love property and finding people houses, and selling etc etc..

Hi Aiden,

Do you own any property yourself? Are you a landlord..etc?

Kind regards

Hi my name is Aisha,

I was renting a flat in America for five years, now i've moved to Switzerland and am renting a flat here. You should expect to read more on my experience in another thread.

My husband has a 9 to 5 job however we're always reading up on the property market for future investment purposes.

Hope to learn from the rest of you.

Bye!

So what's it like living in N.Ireland, with house prices rocketing by 50% !!???

cheers

simhar
email: simhar@talk21.com
web: Properite Landlord Software: http://www.properite.co.uk

Hi Guys and gals, stumbled accross this site by chance. i am sure it will be a cool place to share experiance etc.
Ok i have two houses on the go, one is a small care home that is shared by four tennants who are disabled, and the other i fell into really, my mate and his missus fell out like you do, they have two kids who i adore, and she needed somewhere to stay, so with my mates permission i got a property and she moved in, instant landlord.
So i have the bug and now i want to find somewhere that is in need of refurb, * i have a team of peeps who help with elec, plastering etc *and see how far i can go in development and where it takes me.
I supose i am not in it for the money but to see where i end up in lets say 10 yrs.
Ok bla bla over.
Thats me
Would be nice to see others stories.
So fire away people

Badger
over but not out
just yet any hows

ps.
Admin you everything anyone could want in posting, except the main thing, a spell cheak ! option 

Quote from: piaverdera on June 26, 2007, 06:42:39 AM
hello everyone!

I have been looking for a place where I can share my experience in travel and in acquiring property in other country.  I hope that this will be the place.

So what is your experiance Piaverdera, what places have you been to that you find interesting etc,  and what countries are you looking to buy in !


Badger

Not many stories in here 

Badger

yeh i hope more ppl contribute in this thread

Hi,

My name is Lucy. I entered in to the real estate market recently as it has high demand and many people are getting more profits out of it.

http://hubpages.com/hub/Buy_Property_Investment

Hey Lucy,

Welcome

Are you letting out a property? Do you plan on extending your portfolio?

This conversation is a real world-beater ! 

cheers

simhar
email: simhar@talk21.com
web: Properite Landlord Software: http://www.properite.co.uk

I'm Dave - and have just seen the light/escaped overseas property 'investment' never again.... the going got to tough particulalry Florida, I suppose long term I made some money but its to far away to manage and to volatile, so I am looking at the good old UK investor market, probably new build - to be honest still trying to work out the property clubs, finders fees (whats that about) and are the discounts discounts, (and why would a developer give away 20-25%)?? Hope to learn a lot from you guys and look forward to making proper money!!

Hey, Dave!

Welcome.

God, the American market is a mess right now, i'm surprised you managed to escape!! But hey, at least you didn't lose money! I know a lot of people that who invested in America that are panicing because they can't sell.

Are you looking to buy-to-let?

BTW, I find your escape pretty interesting.

If you get the time, create a thread and tell us more about it. I'm sure other members would like to hear your story

I am defintiely looking at buy to let- think I can get the right deals, but the cynical in me doesnt trust 20% give aways, must be a reason - anyhow re my 'great escape' yep will start a thread on it, if I had escaped 2 years ago I would eb a lot wealthier, my problem now is also the cost of bringing money back to the Uk with exchange rates, everyones telling me nows the time to buy etc, cheap dollar, prices rock bottom, but I just want to bring money back and make it work in the UK!!

Yeah, to be honest, I was tempted to buy in the US recently, due to the crash and the currency situation. However, I don't feel comfortable investing abroad. I like to play closer to home- I feel more in control that way.

Of course, your money must be all in dollars right now. That's a tricky one. It's such a bad time to change dollars into sterling right now. You'd probably lose more exchanging that money, as opposed to investing in America again...

You're in a real tough position.

So, are you waiting to see how the currency situation sways before you change all your money? Or are you going to change your dollars to Sterling asap?

Oh, and be careful with new builds. Developers would never give away 20% in real money, so there is no way they would give away 20% in property

The key is to buy property which is significantly under market value, and the place for that is auctions. You should perhaps check a few auctions out and get a feel for what they're about.

Appreciate advice - thats what I was thinking, why would a developer give away 20% likewise with property clubs getting 20% discounts etc, its either a poor product that wont sell or the figures are manipulated, or both - re the $$$$$ yes I need to realisticall wait till it comes down to at least 1.80 before I can think about it, very frustrating

To be honest, I don't think the dollar will drop anymore. The market has already crashed, so the only way is up!

Hi Dave and Hi Lucy
Welcome to you both.  Tell us about your Landlord experiance, the highs and lows etc,
Lucy would be great to hear more about your History as well.

All the best people

Badger

Hi

Im Simon, i just found this site by accident. Im currently developing property number 1. I have done pretty large works on houses i have owned before but this is a pure buy it, fix it and flog it project.

so far its taken 3 months from getting hold of it to market again.

all is looking realy good, purchase price 77k spent 10 (no labour but lots of stiff joints and headaches) just valued at 110k

so looking for no 2 now!

Hey Simon,

Welcome to the forum.

Congrats on your latest project. Sounds like you're going to make a nice chunk of change from it

Where abouts is the property located?

Hi Simon * Bunny* ? lol
Welcome onboard, i look forward to reading your story as it develops.  Looks like you found a touch there, but i have a feeling you need to get rid soon buddy as house prices start to catch up with you quote.
What kind of property you looking for next !.


Badger

Badger and Bunny...

hi all

the property is in Lincoln, which is showing steady prices and has good potential due to a new rail link to london and a growing uni. Property is now on the market and im looking at another terraced in the area.

That sounds wicked. Congrats.

Hopefully the sale will go through quickly. Don't suppose you have any before and after pics of the development?

i will have, i will get them posted when i get a chance

Nice one.
I'll look forward to them

Hi my name is Fiona

I own 1.5 houses

I own a 3 bed semi which I live in , and 50% ( 50% is my brother in laws) of a 2 bed terrace ....which I bought about 3 months ago .

I plan to sell the 2bed in a year after Ive done it up , then buy another terraced house.
I'm also considering at the moment down sizing and buying another house to live in and one to develop.
But atm I have alot to do , so Im not really sure.