PORTFOLIO INVESTMENT FOR £7,800 PER HOUSE
Ad number 3068214, visitors 1981
Placed: 12/12/17
Region: Cambridgeshire
Location: Peterborough
Category: Real Estate
Content of the advertisement:
Property type: House, Number of bedrooms: 5
Build a portfolio for £8k per property on an options contract.
With options, you get the property, exclusively collect rent for yourself so it's like you own the property without all the hassle.
All you have to do is pay the mortgage and cover certain landlord related expenses.
We have;
A large 5 bed fully furnished HMO in Peterborough (license needs renewing which after mortgage/expenses) brings in about £1770 rent PER MONTH, which is £1000 profit PER MONTH AFTER mortgages and expenses.
A large 5 bed fully furnished HMO in Cheltenham (license needs renewing) which brings in roughly £1975 rent PER MONTH which is £607 profit PER MONTH AFTER mortgages and expenses
Also we have tenanted properties with options contracts to buy with tenants in which turn out about £250-£350 PER MONTH profit in Oldham, Wrexham, Brogain, Wolverhampton to name but a few places.
Some houses already have equity to which you will be entitled to a percentage of shares upon sale which will offset any costs to purchase the options agreement,
With options, you are treated as the owner for profit purposes, however at the end of the contract you have the choice to buy for a fair price OR walk away AND at any point you can sell your options agreement if you wish at anytime,
Options is a great way to build a large property portfolio without the hassle and expense of buying a house or the risk of a mortgage, however you must be able to cover the mortgage in void periods.
We can also manage your properties for a monthly charge of 6.5% of rent collected, however this is an additional service and not compulsory.
Call today to start your property investment journey.
Price / Salary: £7,800.00