So over the years I have been involved in a property investment club. Basically its a bunch of guys who meet once a month to discuss our rental properties and share issues so we can help each other. So the other night it turned out that two of us now still own investment property but one is doing airbnb and I have it mine just short term let and have actually decided to sell it when the short term let is up in the summer.
Curious how fast our group shifted out of property investment after rent control and legislation that changes with the weather started.
I dont think any of us will ever get back to property investment to be honest.
Anyone else have a similar dwindling in their circle of landlords to former landlords.
I think its probably similar among other landlords.
The result sadly is that nobody is interested in this once vibrant club anymore (i guess because they arent property investors anymore and no new blood is coming into it), so we just decided to disband. Pity because at one point I found it very interesting and informative and actually looked forward to it every month.
Anyway, just an observation I thought id share as I got some really great answers on here to questions I have posed for the group in the past.
Curious how fast our group shifted out of property investment after rent control and legislation that changes with the weather started.
I dont think any of us will ever get back to property investment to be honest.
Anyone else have a similar dwindling in their circle of landlords to former landlords.
I think its probably similar among other landlords.
The result sadly is that nobody is interested in this once vibrant club anymore (i guess because they arent property investors anymore and no new blood is coming into it), so we just decided to disband. Pity because at one point I found it very interesting and informative and actually looked forward to it every month.
Anyway, just an observation I thought id share as I got some really great answers on here to questions I have posed for the group in the past.