Thursday, October 23, 2008
Following on from all the negative news on Buy-to-let for landlords finally there is a chink of light in the distance.
This article from Reuters starts to see a glimmer in the darkness. The truth is that Buy-to-Let as we've known it over the past five years is dead. But the return of the original rental business models built on yield is coming back.
For the last few years ( I will call these the "Bubble time" the business model has been based of glitter and fairy dust.
As property prices continue to fall, and rents potentially start to push forward then real investment opportunities could be presented to landlords.
My advice to landlords is, that it soon might be time to start digging for an opportunity, but as before the "Bubble time", it will involve some hard graft and not a sprinkle of fairy dust.
Being a landlord was never supposed to be easy.
The likes of Grant Bovey and the fairy dust landlords have poofed into thin air.
Read Reuters article
Bringing landlords warmth in a cold climate
Your darling Margo