Why an investor needs to steer clear of family buyers

I am a small time property investor.

As an investor I have bought my properties mainly at fire sale auctions (generally properties being sold by receivers or banks). These days it seems that auctions are moving to online platforms meaning you have no idea who you are bidding against. Continue reading Why an investor needs to steer clear of family buyers

Has the ship sailed for rental yields of 10%+?

Property prices in the little country of Ireland are rising again. Phew. After a ‘correction’ (that seemed to more closely resemble an obliteration) most areas of the country are again beginning to experience modest rises in property prices. At its worst property prices were down by over 60% in some parts of the country so it will take a long time of ‘modest rises’ before many property prices recover to a level resembling the mortgage that may now attached to the property.

Continue reading Has the ship sailed for rental yields of 10%+?