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About bil8999

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  1. hi, 10 of my rentals have now been tested and brought up to required standard, £100 for test plus we complete any works if required , thankfully not much needed.
  2. We all know as landlords that tenants only take what they want to take when they move out, leaving us to dispose of there unwanted items. Lets not kid ourselves, yes there are people in our society that need help, generally speaking tenants are clued up, in all of my years as a landlord, i have met some really nice tenants, but now and again you get the one who thinks the world owes them something, this girl in particular was nice, it was when the boyfriend was out of prison he would get her hooked on drugs, we helped her get sorted on a couple of occasions, but on the last occasion she simply disappeared, so in my opinion she had abandoned the property, after several months she turned up to see if her flat was still available, since heard that the boyfriend had od on drugs, lets hope that she gets sorted and goes on to live a normal and happy life.
  3. so richlist, how long would you allow a tenant to not pay rent, not make contact, and leave all her belongings in one of your properties, before you come to the conclusion that she has abandoned the property.
  4. Yes all her belongings were in the flat, but the fact remains that she stopped paying rent, made no effort to contact us, had not been seen at the flat in months, so in my opinion she had abandoned the flat, the fact that she choose to leave her belongings was her choice.
  5. Hi We had this year for the first time a tenant abandon a flat, we changed the lock, put notice on the door, waited a month, decided to do a complete refurb, took approx 4 weeks, just finished then she turned up asking where all her stuff had gone and wanted to move back into the flat, said due to covid she had been living with her mum, so, no contact for months, no rent, and she just expects to walk into a refurbished flat, the law needs to change, its to easy for these people to abuse the system and property then move on.
  6. We built a place in Spain some 12 years ago, never thought id say this, but if Corbyn gets in, it may be time to sell up and move out there, I have always said that the UK is the best country in the world, maybe not so much now.
  7. What if he was to compulsory purchase second homes, where needed, at his price?, no shortage then
  8. Yes, how about buying land, keep for say 10 years then sell, very little maintenance, no property tax, try for additional planning, just a thought
  9. They contacted me again and said they are crunching numbers to see if they can get me 190k. Watch this space
  10. Hi Had meeting with investors, they are working on 10% so offered me £160k, are they being greedy, I thought 8% would be a good return, am I being unrealistic.
  11. Hi I tend not to increase rents until people move out, I know that's not always the best policy, but it works for me, and while I am still working earning a crust, I don't rock the boat. I don't charge that for any of my flats, maybe that's why they are always full. I suppose its down to what you paid for the or its value , hence return
  12. I don't spend any more on this property than I do on any of the others. If as I suspect they just value the property, not taking into account the rental return, then I wont sell. We shall see
  13. Got a meet with them next week, will let you know the outcome.
  14. Hi RL None of the above apply. Areas not the best, but not the worst either. Town center location They approached me with a view to me selling as they own property next door. I have owned the property approx. 25 years, always been rented, not had many if any void periods. I have 41 properties rented, never had a mortgage on any of them, have seven plots of land undeveloped with planning permission. Still on the tools.(loads of private work ) Approaching 65 so thought now may be a good time to sell as they approached me.
  15. Grade 2 listed building converted into 4 flats, 16k rent per year. Notts area. Would be very nice if they would offer 300k, but wont hold my breath. Must be big difference in property values between Notts and Essex
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