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Monday, September 28, 2009

Elephant is forced to get second job as a taxi driver to supplement BTL rental losses

Elephant has taken an evening job on the taxis to supplement the rental losses on his BTL property portfolio.

According to Fergus Wilson, more and more landlords could be facing a slaughtering on their cashflow when interest rates increase from their current historic lows.

Causing more landlords to follow elephant into second jobs to supplement rental losses.

Who said an elephant 'never regrets', oh yes nobody...sorry, it's 'never forgets.', oh forget it!

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