Hi there,
I am from the UK and have a property there. I waas just looking to see that the rents are in line with the local market and noticed that there are now a lot of student let houses making a nice return due to renting each room out individually.
I instantly looked into remortgaging to see if I could buy one in the area and do the same and it looks like I might struggle to do this due to living here ( although I am making enquiries)
I would like to know if the same opportunities exist here near Universities etc. I am not against the idea of multiple occupants if the returns are greater. Does anyone have experience with this or could point me towards someone who does.
I am not into the idea of negative gearing and I know that neutral and positive gearing is not easy to achieve so wondered if this could be the solution.
I am from the UK and have a property there. I waas just looking to see that the rents are in line with the local market and noticed that there are now a lot of student let houses making a nice return due to renting each room out individually.
I instantly looked into remortgaging to see if I could buy one in the area and do the same and it looks like I might struggle to do this due to living here ( although I am making enquiries)
I would like to know if the same opportunities exist here near Universities etc. I am not against the idea of multiple occupants if the returns are greater. Does anyone have experience with this or could point me towards someone who does.
I am not into the idea of negative gearing and I know that neutral and positive gearing is not easy to achieve so wondered if this could be the solution.