The Dormant Landlord by Duffy Peter

Author:Duffy, Peter
Language: eng
Format: epub
Tags: property, investing, guides, personal development, business, personal finance, money
Published: 2022-02-02T00:00:00+00:00

Get the prep work done and build your property business on solid foundations.

Now, as a team, we know we need to earn £250 pcm profit per property. And we know we need to get ten of these houses to achieve our FI in the UK. Again, this gets us £30k pa and this is the average income in the UK as I am writing in 2021.

If I don’t do the prep work, I might think a £150k 3 bed house single let will achieve our target £250 profit pcm. This would barely break even and wouldn’t achieve our target profit pcm. That’s the case where I invest anyway.

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