Revised offer on repossessed 2 bedroom house. As mentioned in previous posts, we had recently viewed a repossessed 2 bedroom home and had our initial offer had been rejected and the seller had set a closing date. So we now needed to decide if we were going to make a revised offer. As shown in…
Tag: Our Buy to Let Portfolio
Initial offer rejected and closing date set on repossessed 2 bedroom mid terrace house
Initial offer rejected and closing date set on repossessed 2 bedroom mid terrace house As mentioned in a previous post, we had made an offer slightly above the asking price on a repossessed terrace home that had the potential to give us a yield of over 9.4%. At 09:18 on Wed 4th September 2013, our…
Are new build flats a good buy to let property investment
Should Buy to Let property investors purchase new build properties? As mention previously, we have decided that we now want to add a 5th property to our Buy to Let property portfolio. We currently live on a new build housing estate and bought our family home from Charles Church in 2010. Over the last 3…
Looking to add another property to our buy to let portfolio
We are looking to add a fifth property to our Buy to Let Property Portfolio It’s been almost 18 months since we bought our last Buy to Let property and we think it’s now time to look for another property to add to our passive income property portfolio. We currently have 4 buy to let…
Typical Buy to Let advert
What is to become property number 4 in our Buy to Let property portfolio had attempted to sell the property in June 2010. The text and pictures of one of the ads is shown below. HOME REPORT VALUED AT £60,000. An excellent starter home is offered from this well presented traditional lower flat, which is…
How to work out how much to pay for a buy to let property investment
Related Posts:Are new build flats a good buy to let property investmentRevised offer on repossessed 2 bedroom houseMaking an offer on a repossessed 2 bedroom mid terrace houseLooking to add another property to our buy to let portfolioInitial offer rejected and closing date set on repossessed 2 bedroom mid terrace house
From Viewing to Buying a Buy to Let property in less than 2 days
Buying a a buy to let property in just 2 days It’s been a hectic few days and we have gone from viewing a property to having an offer accepted in just 2 days. Below is a quick recap of recent events. Saturday 03/03/12 – We view what might be our Buy to Let property…
Buy to Let property 3 now rented
Buy To Let rented and making a profit Great news, our Letting Agent has found a tenant and they have moved in today. So lets do the sums, is this a profitable buy to let property: Purchase price = just over £37,500 Cost of Renovations = £2,700 Legal Fees = £600 Council Tax, Electric and…
Job list for property number 3
Job list for repairs and renovations to Property number 3 Now that we have the keys to property number 3, we have been able to get in and have a good look and there is some excellent news regarding the damp that was mentioned on the home report. We had provisionally arranged to hire a…
Passive Income and Buy To Let Properties
Passive Income and Buy to Let Properties We have some investment properties, also known as buy to let properties, so we think its worthwhile highlighting that the two main ways to make money when investing in buy to let properties: You earn a surplus from the rental income verses the monthly mortgage repayments you have…