Hi I have purchased my 2nd house to live in and let the first house.
it is a 3 bed terr in blanch the mortgage is 98k the monthly payment is 540eur and it was valued to let at 1200pm. mgt fee of 650 eur
Ive read the FAQ but cant seem to get my head round it YET !(bit slow)
1)I ve been told that after tax this is a loss maker is that right???
2) I would really like to get good tennants as the neighbours are nice and dont want to piss them off too much how do I go about this.
3)I have to fit the place out -where should 1 look?
Any pointers appreciated
it is a 3 bed terr in blanch the mortgage is 98k the monthly payment is 540eur and it was valued to let at 1200pm. mgt fee of 650 eur
Ive read the FAQ but cant seem to get my head round it YET !(bit slow)
1)I ve been told that after tax this is a loss maker is that right???
2) I would really like to get good tennants as the neighbours are nice and dont want to piss them off too much how do I go about this.
3)I have to fit the place out -where should 1 look?
Any pointers appreciated