Made 10% on my BTL in the last year ...

[sasguru]

You are missing this thread which would result in the title of this thread being Lost 30% on my BTL in the last year...

Not contradictory. A crash would mean >10% p.a. gains on more than one property eventually.
Exactly as I did in the 90s.

[AtW]

Is this before or after factoring in Capital Gains tax?

After "flippinng" probably ...

[sasguru]

After "flippinng" probably ...

Saw a "Location, Location" last week about Brum. Feck me properties are cheap there.
Very decent house for a singleton like yourself in a nice area - £250K.
That's chump change - why not buy?

Anyway I reckon I'm going to go for a 2nd BTL - this one will require a mortgage though.

[AtW]

Very decent house for a singleton like yourself in a nice area - £250K.
That's chump change - why not buy?

Chump's change indeed, the only problem we have different standards - from my point of view a decent house in a nice local area is around £750k, really desireable - £2 mln.

[Jog On]

Is this something to boast about?

FTSE 250 - 1 Year change +24.86%

[vetran]

Anyway I reckon I'm going to go for a 2nd imaginary BTL - this one will be a real cardboard box from Lidl, missus will pay for that..

FTFY

[AtW]

Is this something to boast about?

FTSE 250 - 1 Year change +24.86%

No, because that links shows that the index gone down from 15300 to 14900 - 2.5% in space of a few days...

[Jog On]

No, because that links shows that the index gone down from 15300 to 14900 - 2.5% in space of a few days...

bit of a short term view there!

Markets move in cycles. Just pointing out the 12 month gain of 24.86% vs 10% in BTL.

I don't see 10% as something to be smug about - especially when compared to the FTSE 250 index...

Just saying like...

[AtW]

Just pointing out the 12 month gain of 24.86% vs 10% in BTL.

And you could have had 100% in a Casino in 5 mins.

Stock market can drop and you won't get bailout, consumer real esate market on the other hand is something Govt has shown clear intent to support even if that means future generations will be paying for it.

[Jog On]

And you could have had 100% in a Casino in 5 mins.

Stock market can drop and you won't get bailout, consumer real esate market on the other hand is something Govt has shown clear intent to support even if that means future generations will be paying for it.

The point I'm making is that crowing on the internet about an investment that's considerably underperformed the stock market index is like crowing that you entered a race and came second last...

Anyway - I'll let you come back with something clever...