Do I set up a new Agency or Inventory business instead of investing in property directly?Make Text Bigger
Have been browsing here for a while, but havent written anything yet. I’ve been a landlord for 5 years, just 3 properties so far, but now doing it full time as recently lost my job.
I have a bit of redundancy money to invest, and because there’s so much new legislation proposed, and changes to letting, I’d like to hedge my bets instead of just buying another property to rent out.
Would I be better off using my landlord experience (I’m NLA and RLA accredited) and investing in a franchise or a licence to start my own online letting or property inventory business? I’m finding it hard to get another job as there’s just so many applicants, all much younger than me. I live in London so should be enough business.
Have any Property118 members done this, or know anyone that has?
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