Building a Buy to Let Property Investment Portfolio-the Dream V the Reality

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Lots of people contact me with a view to building up a property investment portfolio, especially when they hear of the experience I have in buying and selling property since 1986. This video cautions that the dream and reality of buy to let investments can be very different.
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Опубликовано:

7 май 2020

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Комментарии : 29

@seamusoshea1926 3 года назад

Thanks Terry, really got me to think carefully about all the factors associated with a buy to let as an investment.

@karackennedy3865 3 года назад

Not enough advice out on the internet of the risks thanks for posting this - had 2 situations in the past where damage was done and had difficulty in getting property back can be extremely stressful. Just having 12 months payments factored in to any deal would be top of my list to make sure you can enjoy your journey into property. It’s your ultimate insurance policy

@ITguy007 4 года назад

Thanks Terry another useful video.

@terrygorry 4 года назад

Thank you 👍

@paulcolin9071 2 года назад

Something to watch

@d2chiro 4 года назад

Good man terry, great info

@terrygorry 4 года назад

Thanks 👍

@TheIrishlad00 4 года назад

Hi Terry. Would you be making any videos in relation to investing for people in Ireland? Great videos. Keep them coming !! Thumbs up 👍

@terrygorry 4 года назад

Yes I will put it on my list👍

@BigJProductions 4 года назад

@@terrygorry which is better? investing or buy-to-let?

@glennreece1980 11 месяцев назад

at this point I really do wonder if its better to just buy property to let without mortgages... especially right now with interest rates so especially high!

@michealroche3567 3 года назад

High interest rates and 52% taxes on rent received (Depending if the property has a mortgage)

@paulcolin9071 2 года назад

probably be going up the next few years

@Prodrive1 Год назад

Aint worth it. 52% tax is totally outrageous. Should be 30% tops for all the hassle we go through as property owners.

@pkanereallyrandom 4 года назад

Would you have advice on lessons learned about picking tenants, based on the experiences you've mentioned here? Did the guy have good references and employment records?

@terrygorry 4 года назад

I rushed into it, to be honest, and didn't get references. It was Celtic Tiger development and there was a lot of supply chasing tenants. Check out the references properly and you will get the most protection.

@ITguy007 4 года назад

Hi Terry, When is your next live Q&A on?

@terrygorry 4 года назад

Next Friday at 12, about employment law

@ITguy007 4 года назад

@@terrygorry Thanks Terry.

@Onlinesully 2 года назад

Hi Terry, It’s no harm to have somebody give a somewhat realistic discussion on this. Of course it can work very well, but one has to be mindful and approach it like any business. I might ask you for some advice to restructure or reorganize. If you would be willing to take a few questions, do let me know. thank you

@terrygorry 2 года назад

I charge for advice because this is what I do for a living.👍

@tracymoo5865 2 года назад

@@terrygorry how much is the charges?

@terrygorry 2 года назад

@@tracymoo5865 Depends on the work required, time, complexity etc.

@joshuaeverett5616 4 года назад

Hi Terry, have you joined the facebook group 'property investors ireland'? run my Dean Gammell. would be good if you spoke on his new podcast!

@terrygorry 4 года назад

Thanks for the comment Joshua 👍

@vinnymcg7435 4 года назад

Where there no signs at the start that they were risky tenants.

@terrygorry 4 года назад

No, it is very easy to end up with poor tenants, and previous landlords, to ensure getting rid of them, will give a satisfactory reference and give a hospital pass