IFISAcava
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Post by IFISAcava on Nov 27, 2017 16:06:02 GMT
for the long term yes, short to mid term very uncertain I use Property Partner mainly as I cant bear the thought of actually buying and managing a property myself, plus it has advantages in terms of tax treatment, diversification and liquidity. 5-10 year horizon. Brick Lane for some ISA money (as dividends from PP plus S&S are over the annual £5000 tax free allowance) but any REIT could be held in an ISA. If you don't mind me asking what kind of returns are you getting on Property Partner? I was having a look at p2p equity investments and it felt like there were a lot of disappointed people due to low returns and high costs (SPV running cost). Would REIT not be a more diversified approach to indirectly owning a property? Too soon to say really, only 9 months or so in of a gradually increasing investment. I can't give a XIRR, but the quoted book value of my overall investment pot is currently 9.8% higher than cost (including one-off discounts on purchase price against underlying value for those bought on secondary market, dividends received and asset appreciation, and taking off 2% purchase costs/0.5% stamp duty). Most of that is the discount on price v asset value, which likely won't be realised until the 5 year exit point. Dividends about 3.5% pa, capital gain minimal at this point.
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ozboy
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Post by ozboy on Jan 25, 2018 21:42:53 GMT
Thought I would resurrect this Topic. I'm keener than ever to exit P2P, and I believe many on here feel the same. The absolute drudgery of DD (except for those who enjoy it!), coupled with, shall we say, "disingenuous" VRs and Platforms, not to mention various other shenanigans is wearing has worn me down.  Everything seems overpriced at the moment, however the option I'm looking at most is Preference Shares, for the Income at least. (Yes, yes, I know it's not guaranteed).   |
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Liz
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Post by Liz on Jan 25, 2018 22:29:08 GMT
Thought I would resurrect this Topic. I'm keener than ever to exit P2P, and I believe many on here feel the same. The absolute drudgery of DD (except for those who enjoy it!), coupled with, shall we say, "disingenuous" VRs and Platforms, not to mention various other shenanigans is wearing has worn me down. Everything seems overpriced at the moment, however the option I'm looking at most is Preference Shares, for the Income at least. (Yes, yes, I know it's not guaranteed). I'm in the same boat as you. Everything does seem overpriced. Maybe I will drip feed into shares over the next 3 years; or do I wait 😔
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Post by davids on Jan 25, 2018 22:33:01 GMT
The problem i've found when i've looked at shares is which ones? and also where? there are a lot of options.
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hazellend
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Post by hazellend on Jan 25, 2018 22:46:59 GMT
The problem i've found when i've looked at shares is which ones? and also where? there are a lot of options. Don’t look for the needle, just buy the haystack Vanguard lifestrategy fund or vanguard all world etf
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Liz
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Post by Liz on Jan 25, 2018 22:52:15 GMT
The problem i've found when i've looked at shares is which ones? and also where? there are a lot of options. Maybe a basket of 6-10 Investments trusts, or just trackers .
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macq
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Post by macq on Jan 25, 2018 22:55:37 GMT
The problem i've found when i've looked at shares is which ones? and also where? there are a lot of options. i've been doing that for over 30 years -if you find out let me know! But seriously it will depend on your age,amount of money,risk level etc.I do pay in plans monthly but if i have a lump sum i will pay it in as there is no way to time the market and as i am in for the long term i may as well be in.If you are reading the investment forum on MSE which can be good you will see many arguments of passive v active investing and the book by Tim Hale(but have not read it myself).What could be true and is popular on there are the multi asset funds from the likes of HSBC,Vanguard or Blackrock that are a mix of stocks,bonds,gilts,property etc in one package but you pick your risk level. I prefer IT's as that was what i started with and when you look at the more main stream ones they have been around a long time and have seen most world/market events which does give me some confidence i.e the F&C trust is 150 years old this year
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macq
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Post by macq on Jan 25, 2018 23:02:12 GMT
would also say don't keep checking the performance of your funds against others very often as human nature will make you want to keep changing or cause you to worry.And do not set a % target of what to expect just let it grow & hopefully reinvest the divs/income
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macq
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Post by macq on Jan 25, 2018 23:11:15 GMT
Thought I would resurrect this Topic. I'm keener than ever to exit P2P, and I believe many on here feel the same. The absolute drudgery of DD (except for those who enjoy it!), coupled with, shall we say, "disingenuous" VRs and Platforms, not to mention various other shenanigans is wearing has worn me down. Everything seems overpriced at the moment, however the option I'm looking at most is Preference Shares, for the Income at least. (Yes, yes, I know it's not guaranteed). Apart from knowing that they are a bit safer then normal shares(i think) and they used to be more from the likes of banks -are they easy to buy for a normal investor?
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poppyland
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Post by poppyland on Jan 25, 2018 23:24:43 GMT
For the people renting out parking space in front of their houses: there's also a website where you can rent out storage space in your house/garage to people who need it. storemates.co.uk/ On another note, has anyone tried the student flat investments with people like emergingproperty.co.uk? I spoke with a chap there last week, telling him that our main worry is how easy it would be to sell the investment and get our capital back, and he said that people always sell at a slight profit, as well as getting their 8 -10% p/a returns. We're not sure whether to dive in or not. |
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macq
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Post by macq on Jan 25, 2018 23:37:50 GMT
For the people renting out parking space in front of their houses: there's also a website where you can rent out storage space in your house/garage to people who need it. storemates.co.uk/ On another note, has anyone tried the student flat investments with people like emergingproperty.co.uk? I spoke with a chap there last week, telling him that our main worry is how easy it would be to sell the investment and get our capital back, and he said that people always sell at a slight profit, as well as getting their 8 -10% p/a returns. We're not sure whether to dive in or not. while the student flat could be a great investment i would direct you to the MSE investment forum where there are threads about this sort of product or holiday homes etc.Most questions/answers seem to be along the lines of how can they be sure you will sell at a profit and if they can why do they not do it there self? is the income set? are there running costs? have even seen posts where people think their income has been paid back to them from their own lump sum and then when the project is done the company stops paying and disappears (was a favorite thread with this trick using airport car parking spaces a couple of months back) Not saying that's the case but would check very carefully may even be worth searching their forum as somebody may have asked about them before
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ozboy
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Post by ozboy on Jan 25, 2018 23:41:55 GMT
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Post by eascogo on Jan 25, 2018 23:44:20 GMT
The problem i've found when i've looked at shares is which ones? and also where? there are a lot of options. Hi davids, maybe take a look at my post here and other contributors in that same thread.
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macq
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Post by macq on Jan 25, 2018 23:47:27 GMT
thanks for the info & link (but whizzo & Queens English in the same sentence!  )
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moogman
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Post by moogman on Jan 26, 2018 7:55:34 GMT
has anyone tried the student flat investments with people like emergingproperty.co.uk? I spoke with a chap there last week, telling him that our main worry is how easy it would be to sell the investment and get our capital back, and he said that people always sell at a slight profit, as well as getting their 8 -10% p/a returns. We're not sure whether to dive in or not. Wouldn't touch 'em with a bargepole! Typically they are leasehold (which incurs a yearly rent), and a management charge (that can be significant). Some do "guarantee" you certain returns for a couple of years, and you have you ask why they do that - Surely the investment stands on its own without these sorts of incentives. Too expensive to purchase; Your 'guaranteed' rent 8% is net of fees; Your 'guaranteed' rent will drop after a few years; Illiquid market, so selling may/will be difficult.
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