Sell or keep (uO)

Ace
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Sell or keep (uO) Jan 18, 2021 14:36:30 GMT

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Post by Ace on Jan 18, 2021 14:36:30 GMT

Any opinions on whether to sell or keep the buy-to-let properties on Uown?

It strikes me as a rather poor environment to be trying to sell student accommodation. Particularly so for Lu**ey Av**ue, given that it has guaranteed 8%pa income until July, when the demand for student accommodation may be on the rise again.

I'm also unclear as to why the Old Ba**ry Ap******ts don't seem to be included in the sell-off.

Last Edit: Feb 11, 2021 10:44:31 GMT by Ace

I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

qwakuk Member of DD Central Posts: 259 Likes: 96	Sell or keep (uO) Feb 11, 2021 10:29:10 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by qwakuk on Feb 11, 2021 10:29:10 GMT Ace I just got my reminder to vote What's your view, whilst there is guaranteed income, why not hold off

Ace
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Sell or keep (uO) Feb 11, 2021 10:49:58 GMT qwakuk likes this

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Post by Ace on Feb 11, 2021 10:49:58 GMT

As per the OP. It seems like a poor time to sell these assets. I'd hoped that this thread would have elicited some other views that I hadn't thought of, but as it hasn't I'll be voting to keep. I do have some concerns as to how well the properties will be managed now that Uown don't want this sort of business though.

EDIT: I expect that most won't bother to vote, so all properties will be sold as that's the default option.

Last Edit: Feb 11, 2021 10:51:32 GMT by Ace

I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

Ace Moderator Posts: 5,346 Likes: 6,236 Member is Online	Sell or keep (uO) Mar 18, 2021 15:56:50 GMT jester likes this Quote Select Post Deselect Post Link to Post Back to Top Post by Ace on Mar 18, 2021 15:56:50 GMT It seems that Uown have done a much better job of selling our BTL properties than other equity sites. Email to involved investors received today. Looks like I'll end up with a small profit after fees. Take note BP.
	I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

Post by Ace on Jan 18, 2021 14:36:30 GMT

Post by qwakuk on Feb 11, 2021 10:29:10 GMT

Post by Ace on Feb 11, 2021 10:49:58 GMT

Post by Ace on Mar 18, 2021 15:56:50 GMT