Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
How many investment properties is too many?
#26
(01-12-2021, 03:04 PM)TygerTung Wrote:
(01-12-2021, 02:44 PM)Lilith7 Wrote: That must be absolutely awful - especially now.

It shouldn't affect the landlord if she/he has had the property for 26 years as that is plenty of time to pay off the mortgage.

After 26 years she must have been happier to rent rather than buy and nobody knows if ill health etc. is the reason why the LL is selling.

I know people who have sold their 3 rentals rather than take the risk of bad tenants where with the new rules they can't get rid of them, the reason why one property was sold. The 'lovely tenant' at first wouldn't pay rent after a couple of months. Now she has had to find somewhere without, possibly, fantastic LLs who gave her every chance. It was a beautiful home which had been completely refurbished before she moved in.
Reply


Messages In This Thread
RE: How many investment properties is too many? - by Kacee - 04-12-2021, 11:05 AM

Forum Jump:


Users browsing this thread: 75 Guest(s)