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Saturday, February 27, 2010

How do you spot a landlord?

In the booming naughties landlords; neigh property investors could be seen strutting their stuff outside gleaming city centre tower blocks doing their latest deals to expand their ever growing portfolios. Easy money, flash cars, ever lengthening lines of credit. We were slick man!

Now the bubble has burst. The towers of shiny buy-to-let towers are home to negative equity and dodgy tenants.

Back to basics now for landlords. It's more a case of rolling up your sleves and getting down to a bit of DIY or flat cleaning to save on costs. These days you are much more likely to spot a landlord by the fact that they are sporting a 'fleece' than a Boss or Armani suit.

Just to confirm this trend I dusted down my 'fleece' the other day and my does it feel good.

So landlords be candid - What are you wearing these days?

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