RODNEY CRABB

Registered with Property118.com
Saturday 14th February 2015


Latest Comments

Total Number of Property118 Comments: 13

RODNEY CRABB

8:09 AM, 25th March 2021
About 4 weeks ago

HMO Covid-19 rent reduction conundrum?

Is this one of those rent to rent crew who have been on a 2 day training course or a nationally recognised company... Read More

RODNEY CRABB

10:40 AM, 16th February 2021
About 2 months ago

EICR work required but I have a section 21 problem tenant?

Text messages will be enough. It's a safety issue for your contractors and you've made reasonable efforts to gain entry. Wouldn't worry about it... Read More

RODNEY CRABB

16:32 PM, 15th January 2021
About 3 months ago

Develop with Cash or Mortgage (Stress test)?

Most people including me buy the site with cash or very cheap debt and then maybe borrow the development costs
It's very expensive to finance the whole lot : which is 15%pa once you factor in 2% set up both sets of legals surveys etc etc
Eats into profit especially when it's hard to find sites that stack anyway. If you can pay 15%and still make 50k not so bad and after a few use your own money... Read More

RODNEY CRABB

12:07 PM, 28th November 2020
About 5 months ago

The housing sector is a bellwether of confidence in our wider economy

Reply to the comment left by Old Mrs Landlord at 25/11/2020 - 21:32Exactly. It's cost me 260k to build 2 small flats Inc land. With finance that's 280k
And I'm JVing with a builder so everything is at cost
Endless regs and cost of land materials and labour forces efficient and low end finishes... Read More

RODNEY CRABB

9:41 AM, 7th July 2020
About 10 months ago

Best way of Developing?

200k profit is very good for a 150k build. Are you sure you'll get planning. Surprised othef small developers haven't noticed these. I'm always looking as nd deals are hard to find... Read More