Updated over 5 years ago on . Most recent reply
ROI and ROE - how to move on
Hi - I am listning to David Greens book on long- distance Real Estate investing. He says when calculating your BTL' s ROE instead of only the ROI when you have owned it for a while and it has appreciated. You should consider selling and bring your Equity to another market with lower prices and get more worth for your freed equity. I get that.
What I don’t know is how you get the renting tenants out of your property. How long time’s notice do they normally have?
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@Steve Vaughan Yes, I am half British and I am learning property investment both from UK and US. I live in Scandinavia - in Denmark and as yet have not plundged in and invested yet. I plan to invest in the UK first as it will be easier for me to set up a LLC (Ltd.) and sign for an account as it is only about a two hours flight from Copenhagen to London. At the moment I am exploring my possibilities to lend Mortgage in the UK as an expat. But this summer I am setting up my company, getting my bank account. And Then be more courageous and creative to lend money for my first property. I am very exited about it all and fell I have found my path.
You are right about the tenants, but there I Think we should do our due diligence and look at taxes, employments, crime rates and info about any plans for business to come and go to the new area as Well as calculate our number for the propert(y) ies . There are opportunities everywhere and all the time. Nice chatting with you. Cherrio!