ASK326: What do you look for in a letting agent? PLUS: How do I calculate the ROI of long-term holdings?
The guys are back for another round of questions and this week we’ve got two cracking ones.
Kicking us off this week is George.
George and his partner consider themself pretty hands-off investors and as a result, so they’re looking for an estate agent to help rent out their two properties,
They want to know what guidance and tips Rob & Rob have for making sure they choose the right letting agent.
Next up, we’ve got a question from John in Ireland.
John is calculating the ROI on a property he’s had for a while now.
The property has gone up in value, and his initial investment is small so the ROI is looking pretty inflated.
Is there another approach he should be taking when comparing it like for like with other investments? Should he consider how much it would cost to purchase now?
And if he’s refinanced and pulled out all of his original investment does ROI lose its value as a key statistic?
Tune in to find out what advice the guys have got for them.
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