get on the ladder as quick as you can pal…just buy anywhere… the likes of Arklow, Athy and Portarlington are only a short trip from dublin by train…hidden gems of Ireland and all an investors paradise…buy as soon as possible or you´ll miss out…its all about the ladder - apartment, house,kennel, outhouse, henhouse…just buy!!
[quote=“FingalRaven, post: 767664, member: 80”]If hypothetically someone has 75k to invest in properrty where is the best place to invest in a rental property
Dublin
Limerick
Cork
Would the person be better buying a house are an appartment?
Would he be better getting a mortgage of equivalent value for tax purposes?
Is there any poing in getting a higher mortgage and getting a nicer property?
This isnt for me so no smarmy comments Art ,Tan,Gola or the Count[/quote]
All the smart, ballsy guys are buying property right now
[quote=“FingalRaven, post: 767664, member: 80”]If hypothetically someone has 75k to invest in properrty where is the best place to invest in a rental property
Dublin
Limerick
Cork
Would the person be better buying a house are an appartment?
Would he be better getting a mortgage of equivalent value for tax purposes?
Is there any poing in getting a higher mortgage and getting a nicer property?
This isnt for me so no smarmy comments Art ,Tan,Gola or the Count[/quote]
Supposedly yields of close to 10% are starting to emerge in some city centre apartments in Galway…
Saying that… the banks have until Dec 2014 to get all the shit mortgages sorted so I expect a flood of stuff the hit the market at the back end of this year which couId knock another 10% or more off prices.
[quote=“FingalRaven, post: 767664, member: 80”]If hypothetically someone has 75k to invest in properrty where is the best place to invest in a rental property
Dublin
Limerick
Cork
Would the person be better buying a house are an appartment?
Would he be better getting a mortgage of equivalent value for tax purposes?
Is there any poing in getting a higher mortgage and getting a nicer property?
This isnt for me so no smarmy comments Art ,Tan,Gola or the Count[/quote]
[QUOTE=“The Wild Colonial Bhoy, post: 767664, member: 80”]If hypothetically someone has 75k to invest in properrty where is the best place to invest in a rental property
Dublin
Limerick
Cork
Would the person be better buying a house are an appartment?
Would he be better getting a mortgage of equivalent value for tax purposes?
Is there any poing in getting a higher mortgage and getting a nicer property?
This isnt for me so no smarmy comments Art ,Tan,Gola or the Count[/QUOTE]
A doer upper with a decent back garden in a leafy suburb of Dublin mate.
Southern England is gone mad, if you have dough lying around you will make a packet, I put down a deposit on 6 flats off the plans at the start of the year and they are gone up ÂŁ40k already
[QUOTE=“mickee321, post: 947874, member: 367”]will you rent them out to some filthy packi families?
rip the cunts off[/QUOTE]
will I fuck, I am selling them asap, nice bit of wedge made, i learned the hard way in Ireland, best part of 300k for doing fuckall, this is the greatest country in the world
Article in the SBP today - revenue clamping down on landlords not declaring rent as taxable income - apparently it’s been one of their most lucrative campaigns. Worth bearing in mind for those with rental properties
I’m thinking of purchasing an apartment, it’s small enough money and definitely a good deal for what you’re getting. It’s a place i would gladly move into and live for a few years and could upgrade then down the line all going well, whilst having that then to rent out as a second income. I have seen a similar apartment in same area up for rent recently at €750 a month so there’s a decent yield there should i go down that route. I have enough savings to put down about 20% of the cost straight up, getting a mortgage for the rest. I’m currently renting which as we all know is dead money. What am i waiting for? Or should i buy a house instead of an apartment? I should add it’s a duplex but there’s a ground floor apartment beneath it and i know nothing of the people in it.
I can’t be too specific as it will give the property away and i don’t want any swooping on this opportunity. It’s either in Limerick, Cork or Killarney.