I had been looking for sometime at UK buy to lets in 2007/8 but frankly the yields were pretty boring and the houses in the south of England were unaffordable. HMO's were just starting to become the vogue as a means of lifting the yield but they really do need managing. With hindsight I'm pleased I gave it all a miss as some landlords are going to have some interesting refinancing problems in the not too distant future.In spring of 2008 I was at an exhibition at Excel where the Brennan's had a stand and as I have always had a fascination with the US, I've been to more than 30 states and many of them umpteen times, I looked at their stand and took in the Sales patter.
I was sold by meeting Colleen Bracchi who is their Realtor in Rochester, Colleen is a charming middle aged woman who clearly knows her onions and has subsequently helped me out of more than one hot spot since I became a landlord.
To cut a long story short betwen April and July I bought 10 tenancies, 1 double and 4 singles in Rochester and 2 doubles and one single in Buffalo. All but the Buffalo doubles were through Brennans and they were through Ahuja.
will tell you more in the next blog1
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment