RE: Tomorrow29 Sep 2020 20:33
Anyusername there are also HMO’s which can bring in serious money but are very intensive with all the students, disputes, regulations, licenses etc. I know of landlords who have bought 5 bed houses in southend, converted them into 8 rooms, some en suite and charge £550pm, you’re looking at around £4,000 income but deduct agent fees, bills, mortgage costs, vacancies and maintenance it can become a pain in the a*se but there is profit to be made when the uni’s and colleges reopen. All this while the property is slowly increasing in value too. Some landlords have houses which only accept girls to make a safer environment but they can also be a pain. Worth looking into. Look up Tony Law “yourfirst4houses” on youtube but dont sign up for any of his courses, his youtube videos are informative enough