buy2let gone soft?

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Profile	Posted by	Options	Post Date
Member Since: October 2006 Posts: 6,889 Send Message	RolloTheRed	Report	19 Aug 2016 16:37
	what is wrong with them? the packaging is damaged and they have to be picked up from site so pickup and storage must be added to the cost. Buy2Let where the landlord has mortgage finance has been a bit of a dead duck for quite a while. It has taken a long, long while for the penny to drop. OTOH where the landlord is not dependent on mortgage finance residential lettings remain a viable biz with good if unspectacular returns. Going on current trade auctions though a lot of projects have been canned. A great opportunity for those who are looking to refurbish affordable property in London.
	Researching: The Man In the High Castle
Member Since: February 2003 Posts: 29,988 Send Message	+++DetEcTive+++	Report	19 Aug 2016 15:14
	The small time investor might be put off by the new tax coming in. Glad you've got yourself a bargain. It makes you wonder whats 'wrong' with them.
	Researching: Dormant member as from 20 Sep 2019 . Click on my board name to send a message
Member Since: October 2006 Posts: 6,889 Send Message	RolloTheRed	Report	19 Aug 2016 14:47
	picked up an auction lot of new radiators for 25p each ! :-D
	Researching: The Man In the High Castle