Where do you want to live?

Hangout GupShup Cafe
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Re: Where do you want to live?

:) i was right

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Re: Where do you want to live?

True there is more stability in commercial but the London residential market is good and its easy to get funding for residental as opposed to commercial. I need a good lawyer to get rid of a tenant in a commercial unit....he owes me a lot of money and he is an expert at playing the system lol

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Re: Where do you want to live?

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Re: Where do you want to live?

Monaco or better yet her and me on an island, drinking margaritas till whey're toes up!

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Re: Where do you want to live?

U'll definately have difficulties there, the only reason u can get him out is if he's not abiding by the terms of his tenancy or not paying his rent. The loophole for not paying rent, is that when u take him to court, if he can claim to pay you the money then there's not really much u can do but accept the money. Is that what he keeps doing?

But i'm sure if u employ a really good sol u'll get him out

i want
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Re: Where do you want to live?

Well I finished work came home and had something to eat and was planning to go to the gym across the road from me but then I though I might as well give it a miss and start afresh next week.....besides I am not really a party person or a crowd person....I like my privacy.

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Re: Where do you want to live?

Iagree the rent for residential properties in london is skyhigh, whereas here its not really. The advantage of commercial tenants is that u have stable and expert tenant for a period of 10 yrs at the minimum, who are liable for all the repairs etc. Freeholder can just sit back and reap the rewards.

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Re: Where do you want to live?

Problem is he brings silly counterclaims and judges are reluctant to do anything until his counterclaims have been settled lol

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Re: Where do you want to live?

i ll prefer Pakistan:)

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Re: Where do you want to live?

.

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Re: Where do you want to live?

thats true...but instaed of buying one commercial unit you can buy perhaps 3/4 residential units.

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Re: Where do you want to live?

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Re: Where do you want to live?

Hmmm u can buy a commercial for £400,000 get £60,000 rent pa which automatically increases the value of the property to around £750,000 - £1 million.

Or buy 2 houses for £400,000 and get £40-50,000 rent whilst not much of an increase in property

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Re: Where do you want to live?

15% yield on a commercial property is good if you can get it....but I don't think there are many of them about..lol

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Re: Where do you want to live?

sweetpip and arshad.....take ur flooding elsewhere

plz

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Re: Where do you want to live?

Residential properties should double about every 8/10 years on average

Prophet Muhammed's ascent to Heaven overnight
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Re: Where do you want to live?

^ yeah u kind of need experience to know which properties will yield that income...anyhow he's slowly slowly moving in2 developing.

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Re: Where do you want to live?

We are not flooding! If you don't want to post then thats not our fault and don't stop us.

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Re: Where do you want to live?

it's not related to the topic! it's called flooding!

anyway im just messing...carry on ..i could careless.

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Re: Where do you want to live?

Only commercial properties where you can get a decent return would ones which are empty and if you can fool some tenant into paying you over the market rent then you might get a decent return otherwise I don't think so lol