zlb
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Post by zlb on Sept 12, 2018 20:03:00 GMT
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aju
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Post by aju on Sept 13, 2018 0:50:03 GMT
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walktall7
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Post by walktall7 on Sept 13, 2018 7:20:37 GMT
I did a search for the yield map and got there. The links did not work for me . The information is not totally accurate as I live within 12miles of Middlesbrough and the university there has built some of its own accommodation so now there is less demand for private btl for students.
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macq
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Post by macq on Sept 13, 2018 7:36:32 GMT
Not in BTL but think for these types of newspaper/online articles they give a simple gross yield which is easier to show i.e Rent divided by purchase price/value x 100 e.g A rent of £12000 a year divided by £250000 x 100 = 4.8% yield
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zlb
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Post by zlb on Sept 13, 2018 8:04:45 GMT
Not in BTL but think for these types of newspaper/online articles they give a simple gross yield which is easier to show i.e Rent divided by purchase price/value x 100 e.g A rent of £12000 a year divided by £250000 x 100 = 4.8% yield thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then.
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Post by mattygroves on Sept 13, 2018 11:20:26 GMT
Not in BTL but think for these types of newspaper/online articles they give a simple gross yield which is easier to show i.e Rent divided by purchase price/value x 100 e.g A rent of £12000 a year divided by £250000 x 100 = 4.8% yield thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then.
Control over your investment.
I picked my two BTL properties, renovated them under my control and now manage them myself - no fees paid to a third party. I know the tenants and can control the final exit to coincide with my CGT requirements. Sure I have to find the cost of any repairs that happen myself and deal with bad tenants but it isn't that hard to evict someone it just takes time.
My gross rental yield is 6.3% and last year (with minimal repair costs) the net yield was 5.6%. I'm not expecting high levels of capital appreciation given the type of properties and their location but they were bought for income diversification reasons so that isn't important.
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macq
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Post by macq on Sept 13, 2018 12:13:54 GMT
Not in BTL but think for these types of newspaper/online articles they give a simple gross yield which is easier to show i.e Rent divided by purchase price/value x 100 e.g A rent of £12000 a year divided by £250000 x 100 = 4.8% yield thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then. Funny i was going to guess it would be more about control and Mattygroves post above would tend to back that up.But its also the reason why i have not gone down the PP or PM route as the vote every five years or hoping on the SM for leaving/staying etc gives less control then a REIT or IT in my mind plus fee's seem higher as well
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zlb
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Post by zlb on Sept 13, 2018 15:32:44 GMT
thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then. Funny i was going to guess it would be more about control and Mattygroves post above would tend to back that up.But its also the reason why i have not gone down the PP or PM route as the vote every five years or hoping on the SM for leaving/staying etc gives less control then a REIT or IT in my mind plus fee's seem higher as well yes, not been attracted to the five year vote system... I'll look up what REIT s actually invest in, as it sounds simple but are they in btl then?
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zlb
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Post by zlb on Sept 13, 2018 15:35:02 GMT
thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then.
Control over your investment.
I picked my two BTL properties, renovated them under my control and now manage them myself - no fees paid to a third party. I know the tenants and can control the final exit to coincide with my CGT requirements. Sure I have to find the cost of any repairs that happen myself and deal with bad tenants but it isn't that hard to evict someone it just takes time.
My gross rental yield is 6.3% and last year (with minimal repair costs) the net yield was 5.6%. I'm not expecting high levels of capital appreciation given the type of properties and their location but they were bought for income diversification reasons so that isn't important.
really nice bit of info, thanks. Do you think that agrees with the data on the yield map? www.totallymoney.com/buy-to-let-yield-map/
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littleoldlady
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Post by littleoldlady on Sept 13, 2018 16:21:48 GMT
Not in BTL but think for these types of newspaper/online articles they give a simple gross yield which is easier to show i.e Rent divided by purchase price/value x 100 e.g A rent of £12000 a year divided by £250000 x 100 = 4.8% yield thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then. IMO the PM model is great for hands off investing. All the benefits of BTL without any of the hassle of being a landlord. Unfortunately PM have proved to be landlords of staggering incompetence. I would love a platform that used this model but which worked, but sadly PM is not it.
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macq
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Post by macq on Sept 13, 2018 17:18:01 GMT
Funny i was going to guess it would be more about control and Mattygroves post above would tend to back that up.But its also the reason why i have not gone down the PP or PM route as the vote every five years or hoping on the SM for leaving/staying etc gives less control then a REIT or IT in my mind plus fee's seem higher as well yes, not been attracted to the five year vote system... I'll look up what REIT s actually invest in, as it sounds simple but are they in btl then? Not sure i would call them simple or even safer then property crowdfunding (that's me covered  ) but you can find funds investing in pretty much anything from student property,health,commercial etc but worth reading up and looking at things like F&C,Picton,Std Life investment trusts before perhaps looking at more specialised REIT maybe But they are an equity play so you may end up back looking at PP etc
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zlb
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Post by zlb on Sept 13, 2018 21:29:04 GMT
thanks. I suppose the issue is what's the difference between something like property moose, and normal btl then. IMO the PM model is great for hands off investing. All the benefits of BTL without any of the hassle of being a landlord. Unfortunately PM have proved to be landlords of staggering incompetence. I would love a platform that used this model but which worked, but sadly PM is not it. I think PP might have done better...or maybe not. Not looked recently...no clear way of knowing which to go with earlier on though.
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zlb
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Post by zlb on Sept 13, 2018 21:40:41 GMT
yes, not been attracted to the five year vote system... I'll look up what REIT s actually invest in, as it sounds simple but are they in btl then? Not sure i would call them simple or even safer then property crowdfunding (that's me covered ) but you can find funds investing in pretty much anything from student property,health,commercial etc but worth reading up and looking at things like F&C,Picton,Std Life investment trusts before perhaps looking at more specialised REIT maybe But they are an equity play so you may end up back looking at PP etc thanks macq. I suppose so... PP etc v equity, equally long term, but seems more possibility of loss when equity. Is that what you mean? I've got a tiny amount in a REIT and a health property similar thing. It will take too long to find out stability before I put more in, etc.
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hazellend
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Post by hazellend on Sept 13, 2018 22:04:50 GMT
There is no residential BTL REIT that I’m aware of.
There was one that listed on the stock market but wound down quite quickly.
I think PP have considered going down the REIT rpure.
PM have basically forced their investors into a very ugly, unlisted REIT
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littleoldlady
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Post by littleoldlady on Sept 14, 2018 7:19:31 GMT
There is no residential BTL REIT that I’m aware of. There was one that listed on the stock market but wound down quite quickly. I think PP have considered going down the REIT rpure. PM have basically forced their investors into a very ugly, unlisted REIT I know what you mean and completely agree, however (just teasing) your first and last sentences contradict each other.
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) but you can find funds investing in pretty much anything from student property,health,commercial etc but worth reading up and looking at things like F&C,Picton,Std Life investment trusts before perhaps looking at more specialised REIT maybe