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Why BTL Can Still Work In 2024
Manage episode 419164754 series 3504934
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In today's podcast, Mark discusses why Buy-to-Let might still be a viable strategy.
Despite the current economic downturn, rental demand is on the rise. If you can acquire a property at a great price where the numbers add up and your ROI is favorable, it's a smart investment.
You can also lease properties to social housing organizations. These organizations typically align their rates with market prices, but in some cases, they may offer rates above the market average. It's crucial to conduct thorough due diligence in these situations.
Be sure to read all terms and conditions before finalizing any agreements, as there are individuals who may try to exploit others, so caution is necessary.
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