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Buy-to-Let Landlords?

Matt Crowley

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REIN Member
Joined
Dec 14, 2013
Messages
980
I don't know what that means? Sounds like a British term.

If buy and hold, then:
- know the market in and out and know the buildings that are your competition, visit every one of them if you can
- know your returns, cost of capital, and business plan (what you have to do to the building to get the returns and when will you know it is time to sell)
- rest is just operations, and there are people who do that kind of thing. Key is the investment and business plan.
 

Thomas Beyer

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REIN Member
Joined
Aug 30, 2007
Messages
13,881
You need to know how to buy ( incl where to buy, where not to buy and how to finance), and you need to know how to let ( incl how to select tenants, how to set appropriate rent levels, how the law works, how to evict if necessary, how to increase rents etc ).


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