Investment / Landlord / Tenant Issues- Bought an investment property but it hasn’t really worked out?
- Fed up being a landlord?
- Unable to keep up with rising costs and void periods?
Everyone talks about being a “property investor” and the quick profits that it can make you. Property has always and will continue to be a long term investment no matter what attractive schemes are out there to entice you. Due diligence is a key factor in buying and keeping investment property and the reality is that most investors do not do this well at all. If have bought “off-plan” and discovered the discounts were not as genuine as marketed, what do you do next? Some will pour more cash into the investment and hold it for the long term which works but you need to raise more finance. Others will want to sell but as each month passes by, the costs keep going up. Even if you find a tenant, the rent may still fall short of your mortgage payments each month and you continue subsidising which can be a strategy that you may need to reconsider. Alternatively. selling your investment property the quickest way may get you out of trouble and avoid repossession. We can buy your investment property from you before the next mortgage payment is due and take over any AST agreements for existing tenants. In some cases, we can find a solution to help share profit on a resale at a later stage so you still benefit from your investment after all. Maybe you are having problems with your tenants and have simply just had enough. Let us help you! |