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Updated about 7 years ago,
Rental strategies for a bigger cash flow
To do a buy - to - let here in the u.k it requires a 20% deposit which is a lot and requires around £3k of fees in total per property.
I am getting about a 12% yield on each property which is great.
The problem I am having is I can only do 2-3 properties per year as the deposit and fees are so high
I looked into the brrr strategy but for renting is it that simple ? As in the u.k they won't give you a buy to let Mortage if the property need even just a little bit of work so it would be super hard to get a Mortage set up.
Hi all not sure if I'm posting this in the correct place as I'm pretty new here . I joined the forums about a year ago but decided to focus on action and now have 3 rental properties .
I live in the u.k but the strategies are very similar and I was just wanting an opinion on how everyone would do it slightly different to maximise cash flow and profits .
Thanks everyone