ASK208: Can you invest in too many places? PLUS: How much do I need to spend on furniture?


Manage episode 244415541 series 12133
By Robert Bence, Rob Bence, and Rob Dix from The Property Hub. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The Robs are back again this week for another round of Ask Rob & Rob, and this week they’ve got two cracking questions that they’re about to answer.

Our first caller is a very enthusiastic property investor who unfortunately didn’t leave her name.

She’s fortunate enough to have three property investments in three different locations, which at the moment is working pretty well for her and she’s happy enough being a remote investor.

However, she’s wondering if there’s such a thing as investing in too many cities?

So what do Rob & Rob think of this? Are there both pros and cons to investing in a number of locations?

Next to get in touch is Lindsey who’s just completed on an apartment in Manchester.

Her letting agent has told her that she should let out this apartment on a fully furnished basis.

So what Lindsey is wanting to know is, should she be spending a lot more money on brand new furniture or would second hand be okay? Also, she’s questioning if the furniture will need safety checks before she can move any tenants in?

Rob D offers some different options for Lindsey, depending on what her budget is.

Tune in to hear the answers to this week’s two questions.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours.

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

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