Property Hawk has consistently warned landlords about taking advice from so called property gurus who charge them to give advice about where & what to buy rather than doing it themselves.
Well here's one buy-to-let guru who is doing it and doesn't need to offload dodgy deals to make ends meat because he's rather good at property investing having predicted the property crash & selling. He's now buying again.
In particularly Andreas Panayiotou advises landlords to focus on yield. He suggests landlords should be targeting a yield above 7%. He is buying in London, so anywhere outside the capital this means they should add on at least 1 or probably 2% to that.
Does anybody else think that Andreas resembles a Greek Michael Schumacher or have I just over done the espressos this morning?
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