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bil8999

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Everything posted by bil8999

  1. And a rent reduction as standard policy
  2. There is no such thing as a public servant today, they have all become public masters.
  3. Watch some of the u tube vids on the police, they are only bothered about protecting themselves, and treat the public as an inconvenience.
  4. As a small landlord with 41 properties, over some 40 years i have only used an agent on 1 of those properties. Thats because its 17 miles away from where i live.
  5. If you dont jump on this it will just become a dumping ground for tenants scrap cars
  6. Read up on your local authority website,
  7. They contacted me regarding upgrade on electric heaters etc, said its a grant funded system, they completed surveys, said they could start next week, i asked for schedule of works and copy of there liability insurance, never heard from the after that, oh well, may have been a scam.
  8. the car could be classed as abandoned, its the councils duty to make the owner aware that the vehicle could be removed.
  9. Nobody has heard of Renov8 ?
  10. Hi to all Has any one come across a company called Renov8 , they are paid by grants from the government to insulate and upgrade electric heating systems. Thanks
  11. Think we are making a bigger issue out of this than needs to be, consider there application the same as the others and reply say they have been unsuccessful.
  12. What was the damage, any pics of condensate pipe , how it is terminated etc
  13. Still don't see problem with telling him to put it back, if he refuses then serve notice. Alternative, check what the finished project will look like , if acceptable then contribute to the cost and walk away,
  14. I have only used an agent for one of my properties which is some 20 miles from where i live. Of all my properties it has been by far the most problematic. This i believe was down to the people they had working for them at the time and choice of tenant. Also it concerns me when the agents working on your behalf states that they own and let properties in that area, they will cherry pick.
  15. Any photos, so we can see the damage
  16. the idea behind it is that you can hand over the business to your kids, not just a wage, it gives them the incentive to grow, don't get involved, leave them to run it, maybe with a little bit of background help, get what you deserve to fund your life style, without paying CGT, yes ultimately there will be IHT, if it looks like its not working then sell. I always said i would work on the tools till i was 70, 3 years from now, based on the tax situation i think it will be the way forward for me, daughter will run the business, a guy that has worked with me now for 16 years will look after
  17. Scenario, lease the properties to son/daughter at an amount that would fund the lifestyle you are after, he or she can keep the rest as payment for looking after the properties, and to expand on the portfolio for the future. Any shortfall comes out of there payment, that would create the incentive for them to keep the properties occupied. No cgt Just a thought
  18. bil8999

    Yield

    I have always thought that the tax payable on the sale of the bulk of the properties would prohibit me from selling, this company in my view have made a reasonable offer, its living with paying the tax that will make me decline the offer, that and the fact i have owned some of the properties for 40 years. I will have to think of something to overcome the tax situation.
  19. bil8999

    Yield

    I have been approached by a company that wish to purchase my freehold properties, they are working on between 7 and 8 %, is now the time to sell? They seem to be interested mainly in the flats.
  20. bil8999

    Yield

    Hi to all At what yield would you think a corporate investor would pay for a block purchase ?
  21. We also make sure that we charge less than the market rent. May take on board the 50% refund and bottle of wine at xmas
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