ASK543: My non-paying tenant just became my colleague! PLUS: Should I buy this with cash?
The Property PodcastShow Notes
Should you buy with cash or take out a mortgage when you're starting out? And what happens when the tenant you're evicting gets a job at your company?
Rob & Rob answer two tricky listener questions on this week's show.
(00:48) Alice has £600,000 saved and wants to get into property, but she's torn between flipping doer-uppers with cash and building a rental portfolio with a mortgage. Which way should she go? Rob B explains what needs to come first, before any strategy is on the table.
(05:24) Mike's non-paying tenant is due to be evicted by bailiffs, but they’ve just been hired by the same company he works for. Should he reveal he's the landlord, or keep quiet? Rob D weighs up the risks to the eviction, and how the new job could work in his favour.
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