The Rougher the Better in Property Investing
We just conveyed on this property in Stockton on Tees. In the midst of all the hysteria of Coronavirus. However there will be more social housing needed at this time than probably any other period. We had calls when we can deliver 10 more properties. People are being put in hotels as a pose to houses. This a complete niche of the market. We get paid by the councils and home office. No working tenants that have unfortunately lost their jobs and have issues with rents. Large demand, low supply due to lack of funding from most of the banks.
Been speaking to investors both in the UK and abroad due to the low £. We have 3 Social HMOs in legals hopefully conveying shortly and 9 more properties that we sourced prior to the CoronaVirus nightmare approved and ready to go.