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Clint Sharp Clint Sharp is offline
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Default Removing felt tip

In message , "Dave Plowman (News)"
writes
In article ,
Al wrote:
You just have to hope that the retained deposit will cover the cost. If
it doesn't, increase it for the next tenant. Bump the rent to recover
the cost over the next year - No shortage of desperate tenants ATM.


Thought the country was awash with 'buy to let' types now with egg all
over their faces?

Well, sort of, it's full of idiots who over stretched themselves,
believed the massive profits line and bought off plan on dodgy
overvalued property that had no chance of making the prices they were
told it would. Plenty of people who bought property without ever even
seeing it (a common problem with buyers from southern Ireland I'm lead
to believe), taking the word of 'friends' in the know.

A fool and his money etc...

The sensible investors who can afford to hold their balls for 5-10 years
will come out of it much richer with more assets as the idiots get
shaken out and have to flog off their 'investments' for less than they
paid, just in time for a new crop of fools to get fleeced.

--
Clint Sharp