The Property Podcast

ASK315: Am I wrong to get emotionally involved? PLUS: What's your minimum yield target?

Informações:

Sinopsis

We’re back and we’re starting 2022 with four questions!  Our first three questions come from Phil from Liverpool.  Phil is an avid listener of the podcast and bought his first investment property back in August – a two bed flat in Liverpool.  As he was buying in an area he was familiar with, he found himself getting emotionally invested and was ruling out any areas he wouldn’t live in himself.   What he wants to know is, should he avoid doing this in the future?  He’s also recently started to see the power of leverage, and with this in mind as he considers buying his next property, he’s started to think about interest-only mortgages.  So, Phil’s asking Rob & Rob if he should stick to an interest-only mortgage, and if so, should he only pay interest for the full term?  His final question was a special one and required Rob B to dust off his crystal ball, as he quizzed Rob on how Liverpool is going to perform in the premier league.  Tune in to hear what the guys have got to say.  But the questions don’t