Sunday October 25, 2020

Counting the cost of being a landlord

Taxes, agent fees and the price of repairs are just some of the factors that would-be property investors should take into account

17th January, 2016

While some residential landlords are cash buyers, others will finance their investment via a buy-to-let mortgage. In such cases, the biggest cost the landlord will face is financing the property.

John Leahy, the founder of and author of the book Renting in Ireland, said a common mistake people make when assessing whether or not to invest in residential property is weighing up mortgage repayments versus rental income.

“Often people do their sums on...

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