There are two questions I often get from my blog readers and workshop participants.
“You said you only buy an investment property if the yield is 5 percent after expenses. I have gone for many flat viewings but can’t find anything that fits that requirement. Most only offer 1 to 2 percent. Some are even negative. Do you think it is still realistic to look for 5 percent these days?”
I don’t know about you. But I am investing my hard-earned money. Unless I am very sure I can make money the moment I buy, I won’t easily part with my humble savings and spend my precious time managing it. For that reason, I won’t compromise to invest in anything less than 5 percent net return.
“You said at the How To Buy Good Quality Property Workshop that we can’t buy any home near ‘undesirable objects’, any building with Sha