Damian Sabino

Registered with Property118.com
Friday 16th August 2013


Latest Comments

Total Number of Property118 Comments: 3

Damian Sabino

21:46 PM, 17th August 2013, About 8 years ago

First time buy to let - North West

Reply to the comment left by "Peter Hindley" at "17/08/2013 - 18:16":

Well sounds like you are making a good start mate. I am currently in saltney.... Read More

Damian Sabino

10:53 AM, 17th August 2013, About 8 years ago

First time buy to let - North West

Thanks Peter. I live very near airbus and hae had a look but they appear a bit ore expensive.... I'm not too acquainted its beacon ad to know where to and where not to consider. So perhaps a chat?... Read More

Damian Sabino

11:02 AM, 16th August 2013, About 8 years ago

First time buy to let - North West

Reply to the comment left by "Vanessa Warwick" at "15/08/2013 - 08:57":

Thank you guys and Vanessa. I've taken on board your comments.. My next step is to identify tenant demand with a few agents I know, loosely. I am from the Liverpool area and though I don't live there anymore, I live in Chester, there appears less cheap property up my way and I understand the safest bro is terraced property, 2 bed at the moment. I had looked at apartments but am aware that whether let out or not service charges are often required and also it appears that new blocks spring up very regularly offering better deals and swisher accommodation than the last.

My idea is that cheap terrace property market is viable as there are lots of people (benefits or not) who 1) can't get mortgages or save deposits and 2) ceive benefits which even in these austere times of cuts in housing benefit payments, cover the cost of properties in the likes of bootle or possibly the south end of the city.

I did consider buying just one property for circa £100k with 25% deposit but was concerned that this would not be spreading the risk, hence my idea that I should buy two cheaper properties.

Additionally, I am so situated that I have contact with people throughout the nor west who sporadically are looking to rent relatively cheap properties in the areas identified.

The more I read the more I realise I don't know about this market but am looking at a long term plan 10-20 years not a quick profit and so want to make sure I don't dive in and hit my head on the bottom.... That said, I want to get on the bandwagon before its gone as I hear that property prices are going to rise, albeit steadily.

I... Read More