grandad wrote:
Owning property to let is not all about buying run down property. I would be buying your average home and trying to put your average tennent into it. There are thousands of ordinary families out there that prefer to rent than buy, it is not just the delinquant single parents and absent fathers.
Private landlords would (generally) make Somalian pirates look like decent human beings, and locally we have the very best example, he owns half (maybe more) of a small local town, hes a Ltd company (regd IOM), and would rob his own mother (except she doesnt trust him), he holds deposits as long (after a tenancy ends) as is possible, renovates properties to very basic standards, wont repair anything, doesnt leave gaps or plumbing for washing machines in flats because they leak and give him grief, he had my son over for £400, simply because the lad signed a new lease early, then got a council place, but the robber held him to the terms of the new 6 month lease even though the old one hadnt expired, If theres anyone whose balls really should fester and fall off its him....
Weve had 4 private lets, not 1 played it straight, 1 sent an estate agent round to value it "for insurance purposes" but the bloke told us it was going on the market, another said to expect a rent rise when the tenancy was renewed, 3 days later he kicked us out, another blagged £200 out of our bond due to marks on the carpet HER electrician had made and mould in the fridgefound 2 weeks after we had left (and left the fridge clean), oh and another didnt like us taking out of his rent the repair cost for his boiler which was condemned one xmas eve cos it was faulty and pumping out carbon monoxide....
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