Picking the Keys for Another 4 Bed Social HMO
Regardless of interest rates, we are buying and selling properties in the NW. When buying houses around the 100k market the interest rates dont make that much of a difference. The key for us is cash flow and constantly building the portfolio along with selling some along the way. We take a very long term outlook that we want to hold these properties in excess of 10 years. Having social tenants backed by the Govt with no voids, no management and maintenance covered as long as not structural gives us the opportunity to focus on refurbishing as a pose to dealing with tenants. We have 6 at the moment under refurb at all different stages. As ones pass all the final inspections we buy another one. This builds cash flow. All the rents accumulate along with some sales in order that we keep on moving almost like a snowball.
If you would like further information …please contact me
Ruti 07376367032
info@bhinvestment.co.uk
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