ASK397: HMO or buy-to-let? PLUS: How do I say no to certain pets?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 12 September 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Buckle in and get ready for the latest edition of Ask Rob & Rob. (0:34) Monica has £150,000 to invest and is looking to buy her first property at an auction. She’s trying to decide whether she should find another investor to work with and get a high-end HMO or to invest in a standard buy-to-let. (3:57) Joshua has a question on the Renter’s Reform Bill, specifically on the new suggested pet regulation. At the moment, he allows pets, but he likes to vet them first. Now he’s wondering, with the new regulation in mind, how could he refuse certain pets. Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob.
0:06.0	Hello everyone and welcome to Ask Rob and Rob, the show where you give us your wonderful
0:11.2	questions, and we do our very best to give you a good answer.
0:14.7	Now we have multiple ways you can get involved in the show.
0:17.6	You can have your questions answered here on the podcast, or you can become FEMO and
0:22.8	get your question answered in the Sunday Times.
0:25.7	Depending on what you want to do, you can find the links to both at PropertyHub.net
0:30.0	forward slash Ask.
0:31.6	And that's exactly what Monika has done, and she's given us this question.
0:35.2	Hello, my name is Monica, and I am looking to start investing in property, and at the moment
0:43.0	I have 150K to invest.
0:45.6	I'm thinking to buy a buy-to-let property at an auction so I can get some cash flow
0:50.7	which I need right now.
0:52.7	My aim after is to look for investors to do bigger projects like a high-end insurance.
0:59.2	I have experienced some construction and design.
1:01.8	My question is, shall I invest on the insurance now with 150K plus investors or shall I invest
1:09.6	on the buy-to-let property?
1:11.6	I look forward to hearing from you.
1:14.0	Thank you so much.
1:15.0	Monika, thank you for this question, because what it allows me to do is give some advice
1:20.6	I've given before, but I won't get bored of giving because I think it's so important.
1:26.1	And this is all about goals.
	...

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