ASK408: My tenant died! Now what? PLUS: How do I calculate ROI in this situation?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 28 November 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s time for your latest episode of Ask Rob & Rob! (0:43) John’s had one of his investment properties for a while now, and he’s since pulled all his initial investment out. With this in mind, he’s hoping Rob & Rob can shed some light on how he would calculate the ROI in this instance. (3:24) Mark has found himself in a fairly unique situation. He has one buy-to-let that he rents out via an agency, and unfortunately one of the tenants has recently passed away. He’s unsure of what’s going to happen with the tenancy. He wants to be empathetic but also pragmatic so he can prepare himself for what’s to come. Mark’s hoping Rob & Rob can shed some light on what he should do. 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.
0:07.0	Welcome to Ask Rob and Rob.
0:08.0	Thank you for joining us for two more listener questions and two more answer.
0:13.0	Those questions coming up in just a sec.
0:15.0	But it's so easy, Rob, to send your question our way.
0:18.0	The easiest way to do it is go to property hub.
0:20.0	dot net forward slash ask,
0:22.0	where you will find our telephone number that you can leave a message on, or you can leave a message
0:26.3	directly on that page, and you can get a link to where you could submit your question for
0:31.9	the Sunday Times, because Rob and I
0:33.8	answer your questions each and every week in the home section of the Sunday Times
0:38.2	so make sure you check us out there. Our first question today comes in from John.
0:43.0	Hi Robin Rob, John here from Ireland.
0:46.0	Thanks a million for all the great content you guys put out and great services you offer to the public.
0:51.0	Just a question regarding ROI and how you calculate this Biden you've had an
0:56.8	investment for a period of time so to give an example I have an apartment which I
1:02.0	have taken all my initial investment out of. So, you know,
1:07.4	currently if I was to do an MRI calculation, there's no money in there so it's
1:12.0	essentially of infinity.
1:13.4	Obviously that's a bore about just wondering how best to approach that when you're trying
1:18.8	to compare properties with different amounts of cash still left in them to you just value it
1:24.3	up today and pretend you were investing in it for the first time today or what to you
	...

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