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About dwayne92
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Hey Daniel, Do you happen to have any sort of cost calculator that you used to validate whether the deal was a good one for you? I've got a brilliant one for residential but I'm trying to figure out what variables I need for commercial. Would be great to get your thoughts. Many thanks,
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dwayne92 started following Introducing myself & investing in Luton!, Investing with just 15K (sigh) and BTL Calculator Spreadsheet
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Hello PH, I'm a very new member here after keeping busy learning online and reading 'successful property letting' by David Lawrenson - a really good book to get me through unemployment thanks to covid. At the moment, my thoughts surround buying a 2-bedroom terrace house 0.5 miles from Luton Station, with a view to renting out on separate tenancy agreements to get 2 x £450 pcm. I haven't spoken to any mortgager advisors as things stand but I've hypothetically looked at a £500 per month mortgage as the worst case scenario on a 40 year payback to keep the payments each month as low
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Amazing, thanks Derek!
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Did you ever get the spreadheet?
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This is why I'm here, to learn all the ins and outs! Thanks so much for your note, Onkar.
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I see, thanks! I do have a limited company, through my contract work in my job, so I wonder whether I could operate a BTL though that and keep my first time buyer status for my personal. I'll need to learn about tax through the PH education. Thanks again
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Hey PH! After being made redundant in the current covid climate, I've taken the opportunity to learn everything I possibly can do about property investment. As things are progressing, I've started to pull thoughts together and I did want to come to the forum after I had a plan set in stone, however I'd like to build up the network base simultaneously with my education. With a career background in project management in marketing/advertising, I'm very comfortable when it comes to managing projects/portfolios; so I figured that stepping into property would be a smart choice for fu