ASK249: Have I made a bad investment? PLUS: Should coronavirus change the fundamentals we look for?

This week on Ask Rob & Rob the guys are still answering coronavirus related questions and helping one caller put his mind at rest on his recent investment

To kick start this week, we’ve got Harsh. Along with a friend as part of a joint venture, they’ve bought their first buy-to-let property in Crewe. 

However he’s now having worrying thoughts.

Harsh has clearly been listening to our weekly podcasts and he knows that Crewe is an area that we’ve mentioned numerous times on the podcast and an area Property Hub Homes even built a development in. 

But he’s also listened to the episode on Rob D’s investment in Nottingham and is now worried that because he only paid £75,000 for his property, it’s not going to benefit from capital appreciation.

Is this a general rule of thumb? Should Harsh think about selling and investing somewhere else?

Our second caller is Pedro. He’s got a question about the effects of coronavirus and the impact it’s had on people working from home.

Since more people are now working from home and potentially going to continue to work from home for the foreseeable future, will this change the fundamentals that we look for when investing in property?

So what do Rob & Rob think about this? 

Tune in to find out

 

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.

See omnystudio.com/listener for privacy information.