The Property Podcast

ASK221: Is this property too cheap? PLUS: How much should I be paying my letting agent

Informações:

Sinopsis

This week on Ask Rob & Rob, the guys are helping one caller decide whether getting a cheaper property is a risk or should they be going for a property with more value?  Our first caller, Stephen from Glasgow, is currently looking to make another investment. He’s been investing in property for years and currently has £30,000 to invest with.  Stephen has got his eye on a few properties in an upcoming auction which are going for around £25,000-£35,000. But, he’s in a dilemma. He wants to know whether he should invest his £30,000 in the cheaper property or a £120,000 property which could benefit from capital growth.  So, do Rob & Rob think that Stephen should go for the cheaper option or a more expensive property with the possibility of increasing the value?  The second question this week comes from Osman, and he’s got a question on lettings. Osman owns one property and he is looking to get a fully managed service for it. He wants to know what the average fee for a fully managed service is. Osman has had thr