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  1. W

    Neighbours complaint re tenants

    Most people would not go to the trouble of tracking you down unless there is a real issue, so it's worth investigating. If you lived in the house for three years surely you know someone on the road who you can ask for an opinion of the situation. Make sure it's someone who will tell you the...
  2. W

    Property Investment in Dublin

    Very true. But almost any type of investment carries risk. It's very hard to know what will happen. Surely if things get bad enough someone will start WW3 in order to kickstart the global economy again :) I kind of feel the same way too. While increasing property taxes are certainly a concern...
  3. W

    Property Investment in Dublin

    Huge thanks to everyone who has posted. It's been extremely informative and has greatly changed my mindset for making a purchase. I've changed my focus to be almost entirely around obtaining a reliable rental yield of 7-8% which has given me a MUCH better understanding of what I should be...
  4. W

    Property Investment in Dublin

    I lived in Canada for many years where moving even a single property into a limited company was standard practice. It certainly appears that it's not financially advantageous to do it here. I've never had any reason to investigate setting up a limited liability company in Ireland so I'm the...
  5. W

    Property Investment in Dublin

    So this brings me to my original question number 2. Assuming you don't actually require the income, is there anyway to avoid paying personal income tax on it. In other countries I've lived in, purchased property would often be moved under a limited liability company and no longer legally held...
  6. W

    Property Investment in Dublin

    It's certainly not a normal market. I'm not sure I agree that rents *have* to drop because they are too high. Rents have dropped significantly since the boom as renters realized they had a lot more room to negotiate with their landlords and most people have done so. Given the ongoing market...
  7. W

    Property Investment in Dublin

    You made a number of very valid points, and continue to do so :) I tend to always focus on the worst case and I suspect this came across in my post (ie being unable to rent and property prices continuing to fall). This is the main reason why I have saved the capital required to do this instead...
  8. W

    Property Investment in Dublin

    I'm saying I don't *have* to rent it out, not that I don't fully intend to rent it out in some manner and have it generate income. I'm more looking for the difference between short and long term rentals and what's involved. I would hope that over a lengthy enough period of time that the...
  9. W

    Property Investment in Dublin

    I'm looking into buying a property in Dublin for investment purposes and looking for some general guidance. I'll outline a few things first though which are bound to come up. 1. I view this as a long term investment (20+ year time frame) 2. I have read numerous posts on here about the hazards...
  10. W

    Neighbours from hell...please help!

    Yes, provided those neighbours are prepared to stand in a court of law with evidence to prove that your tenants are extremely disruptive and are negatively impacting their ability to use their family home. (does this honestly seem unreasonable to you?) It's not like the neighbours can simply...
  11. W

    Neighbours from hell...please help!

    We has issues like this with our next door neighbor. In the end we engaged a solicitor who took a legal case on our behalf against the landlord. (We had tracked down the landlord ourselves, but any solicitor will be able to search the land registry details for you). I'd avoid any further contact...
  12. W

    Building Extension - boundary wall

    Many thanks for all the replies. In the letter to the owner, we made it clear that he could build to the same wall if they ever decided to extend. It makes sense, as this wall would be shared. He would effectively own half of it. Realistically, the house is rented and I expect the owner has...
  13. W

    Building Extension - boundary wall

    We are looking at building an extension to our semi-d house. The house has an existing kitchen extension to the back (part of the original build). It's about half the width of the house. We want to extend it so that it's the full width of the house. However, there is a boundary wall between...
  14. W

    Orion Windows Malahide

    Anyone used them. Can't find any experiences on the web. R
  15. W

    Summons following road traffic accident.

    So, I drive both a car and a Bike. So, I can see this from both sides. The bike was indicating with no intention of turning. Regardless of the legal situation, this is clearly confusing and certainly contributed to the accident. Had the biker not been indicating, the driver almost certainly...
  16. W

    Buying Investment Property

    Sure, I'm happy to accept that I timed the market wrong to buy my current PPR, but I timed it exactly right to sell my previous PPR. In retrospect, it would have been better to sell then, rent for a few years and then buy again. I did consider this at the time, but it was simply too much...
  17. W

    Buying Investment Property

    Yes I have seen a drop in the value of my PPR. However, I spent several years watching the value of my previous PPR increase dramatically and sold it with an enormous profit. Yes I have lost some of this equity but it was cash I could neither spend nor use. At present I am not even close to...
  18. W

    Buying Investment Property

    I've always wanted to buy an investment property. I'm completely unclear of how much real cash I would need to do this in the current climate. So, I'm married with two kids and a home owner. Bought this house for 510k 2 years ago. Estimate current value to be at most 450k currently...
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