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This is a a good site for beginner’s, in my opinion
http://www.propertyinvestmentproject.co.uk/
Good luck with your property venture.
I was in your situation, and I bit the bullet and invested. And I don’t regret it for one second
With the capital you have saved up, you could easily get a nice house up North somewhere (where property is significantly cheaper). With 13k, you could find a house for about 90k, put a 10% deposit down and cover your additional costs.
With a buy-to-let mortgage, a lot of lenders won’t take into consideration your salary, they will base it on the potential rental income you can gain from a particular property.
But hey, or you could do what everyone else says and keep saving, learning and, whatever else you students do these days
http://www.propertyinvestmentproject.co.uk/blog/2007/01/18/joslin-rhodes-conveyancing/
Hey Gina,
If the rental increase is well justified and in keeping with the market growth, then you don’t need to offer any form of incentive, especially incentives that will cost you financially. Come on, Gina, be strong, damnit
Do you know what similar properties in the area are renting for? If you’re renting your property $20+ short compared to similar properties, then i’m sure your tenant will understand. If not, I doubt your tenant will want to go through the hassle of moving out, finding a new residence….and then pay exactly the same amount you were demanding.
http://www.propertyinvestmentproject.co.uk/blog/2007/01/18/joslin-rhodes-conveyancing/
