Vlad Eremenko

Registered with Property118.com
Monday 16th March 2015


Latest Comments

Total Number of Property118 Comments: 9

Vlad Eremenko

23:40 PM, 17th March 2015
About 5 years ago

Glasgow/Leeds/Manchester or save for a year to buy in London?

Reply to the comment left by "Dan Sawyer Cherry Picked Properties" at "17/03/2015 - 15:44":

Thank you for answer Dan,

Your words make perfect sense, unfortunately in my case it is hard to be close to investment as with my budget there's nothing around London (or very-very poor properties). So that was my original concern - how big is the hassle of distant property investment with someone being a proxy. I guess I would need to actually rely on some numbers.

What numbers do experienced people use for property management expenses? I would assume that math us smth like this:

- calculate rent income based on 10 months of rent instead of 12 as you will have void periods
- 5% of tenants payment should be put aside for property maintenance
- 5-10% of tenants payment should be put aside for agency fees

Is this close to truth or I'm missing something?

Thank you,
Vlad... Read More

Vlad Eremenko

23:29 PM, 17th March 2015
About 5 years ago

Glasgow/Leeds/Manchester or save for a year to buy in London?

Reply to the comment left by "Dan Sawyer Cherry Picked Properties" at "17/03/2015 - 11:40":

Hello Dan,

How can I reach you to discuss what are the cities that you cover?

Thank you,
Vlad... Read More

Vlad Eremenko

23:26 PM, 17th March 2015
About 5 years ago

Glasgow/Leeds/Manchester or save for a year to buy in London?

Reply to the comment left by "Ian Ringrose" at "17/03/2015 - 11:08":

Yes, Ian, being far away from investment is my main concern. I live and work in London and even though Glasgow looks promising in terms of yields, I simply can't estimate amount of hassle and losses that I will have when using agency in between me and tenant. So before making a move I wanted to hear people's opinion - for now everybody was extremely helpful here to raise all major points.

Thank you,
Vlad... Read More

Vlad Eremenko

23:23 PM, 17th March 2015
About 5 years ago

Glasgow/Leeds/Manchester or save for a year to buy in London?

Reply to the comment left by "Dan Sawyer Cherry Picked Properties" at "17/03/2015 - 10:53":

Hello Dan,

Thank you for your advice. You mentioned "..I target blocks and streets where I know I can buy .." - would you please share what city you are investing in? As I've written above I was thinking about Glasgow. (please accept my apologies if this question is inappropriate)

Thank you,
Vladimir... Read More

Vlad Eremenko

23:19 PM, 17th March 2015
About 5 years ago

Glasgow/Leeds/Manchester or save for a year to buy in London?

Reply to the comment left by "rav singh" at "17/03/2015 - 10:11":

Hello Rav,

Thank you for your advice. I would probably stay away from housing benefits tenants (it's just my assumption that it is easier with others). As I mentioned in one of the comments above - I'd like to concentrate on Glasgow because of amount of businesses there (hypothetically more tenants). So I would look at center of the city for a 1/2 bed flat for now.

Thank you,
Vad... Read More