This week on Ask Rob & Rob, the guys are answering two caller questions about strategy and the potential changes to Universal Credit.
Our first caller this week is Matt. He’s a fairly new listener who joined us earlier this year, however he’s already got a couple of buy-to-let properties under his belt.
He’s currently in the process of purchasing his next buy-to-let which will be his first property in Liverpool. His strategy is to buy properties with good yields to help build his deposits up. His main aim in the next 10 years is to quit his day job.
So, do Rob & Rob think this is a good strategy? What yield figure should Matt be looking at and how much should he be paying for his properties to achieve it?
The second caller is also called Matt! He’s seen an article on Landlord Today about changes to Universal Credit and the possibility of landlords having rent paid directly to them instead of the money going to tenants who then pay their landlord.
He’s wanting to know what The Robs thoughts are on this topic and how they think it will affect the market.
If it affects the market at all.
Tune in to find out.
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