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All Forum Posts by: John Wilson

John Wilson has started 6 posts and replied 14 times.

Post: apartments vs house better investment discuss

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4

having trouble decide weather to invest in an apartment or a house.

apartments are cheaper but will have to pay management fee and the property price will not rise much i am led to believe.

house are more expensive and require more work running them however have the potential to rise in value 

thoughts please?

Post: Good apps and sites

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Hey all, just looking for information on good apps or website for property calculators and investment calculators. I already have property evaluator pro which is good just wondering what other people use??? Thanks

Post: What softwares/tools/apps that you guys use and find useful?

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Hey there, I use a app which I got off realestatetools.com find it very handy.

Post: Is renting a waste of money?

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4

you will have to work it out for yourself and this should help you

https://personalbanking.bankofireland.com/borrow/m...

hope that helps

Post: Switching from Sole trader to PLC

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4

I am in the process of buying my 1st property but i have a hit problem on the tax front.

I am currently a sole trader and if i buy the house a rent it i will go over my tax band and have to pay 52% on the rental income?

my question is i guess when going forward with building a good portfolio is it better to be set up as a plc

regards John

Post: Good returns

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Property I am looking at is going for 85000 current tenants are paying 9000 a year. Cost are rough 2500 and mortgage is working out 5000 a year..

Post: Good returns

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Looking at properties now and just wondering what do people think and use as a guide as regards a good cap rate return? And also a good cash on cash return? Looking a property with a yield of 9% gross seems like a good investment

Post: 100% Beginner

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Hey welcome, Found podcast a big help for me. I am only starting out too. This seems like a great place to get advice I have been here a week and already has help me

Post: Newbie from ireland

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
@Jean Bolger

Post: Newbie from ireland

John WilsonPosted
  • clare, munster
  • Posts 14
  • Votes 4
Ireland is where I will be investing. Having done some numbers myself on houses in the bigger cities I have located some decent house which could turn over some good rents. At the moment the economy is starting to improve and they is a house shortage which I believe will improve rents even more and increase house prices...