The Buy-to-let Bible Law Pack Publishing ( 01 September, 2003 ) Book Our Price : £ 8.39 List Price : £ 11.99 You save £3.6 (30% off) Prices subject to change. usually dispatched within 24 hours.

Concise, easy-to-read from a subject matter expert

Its easy to read foundation books on a subject and think that you havent learnt much, because it all makes sense and confirms your own opinion. Whilst I found myself doing this with this book, I recognised that there is a well balanced coverage and rounded content in here. It doesnt go into tremendous detail about individual areas, for example a tax advisor might identify some pros and cons of your particular circumstances. However, it does include some excellent guidelines. I found it very reassuring to start with the characteristics required to get into this type of business, and check whether you have them. There were also quick tips about how to calculate if the rent will provide enough cash to cover costs, the higher yields from different types of property, and comments on refurbishment versus lost rent. Like most of these books, it doesnt highlight all of the potential pitfalls in the business. The author has amassed a 3 Million pound property portfolio in a few years of booming house prices, but anyone starting now has to look to the longer term for substantial payback.

basics of buying to let are covered very well with minimum w

Mr Ahuja`s book is not the most detailed and comprehensive guide to property letting that is available on Amazon (only 68 pages excluding appendices etc) but the information that is given is extremely useful and relevant for someone with no experience in this area. The basics of buying to let are covered clearly with minimum waffle and many easy to remember tips/rule of thumb calculations are provided. One very useful rule of thumb calculation for example is the "rule of 12" that enables a prospective buyer to quickly gauge without going into complex calculations whether a prospective buy is a likely bargain or not. This can make the difference between making a profit or making a loss. If you like anecdotes of the sort "Bill bought a flat for £40,000..Etc" then buy another book as there are very few of these. The thing however that particularly impressed me with Mr Ahuja`s book are the detailed appendices with among other things: mortgage providers, property web sites and UK property hot spots. I have not yet seen another book that has such detailed information. I felt that my... [money] was well spent and that Mr Ahuja had put considerable effort into distilling his experience in this area into a succinct and understandable form.

Useful for basic information

The availability of Buy to Let mortgages has allowed many people to become private landlords. But dont expect to give up the day job if youre thinking of venturing down that path today. It is just not possible to witness the growth in capital appreciation in property as we saw 5 years ago. This is the major factor that has allowed the author to accumulate 60 properties in the space of 6 years. He has simply remortgaged his properties as they have gone up in value and with each reduction in interest rates to further finance the buying of new properties. This would be impossible to do now. However, Buy to Let may still be an attractive proposition if you have access to large amounts of capital for the purpose of deposits and have a very long term investment horizon. It may be possible to build up a small portfolio but not to the extent that was possible with the growth rates we have previously observed. With the interest rate cycle at an end, it would be not be prudent to undertake such an investment unless you had a significant cash cushion between mortgage payments and your rental income. On a traditional repayment mortgage this would not be possible, only on a more risky interest only mortgage. The author only provides basic information, all of which is common sense. Additionally, he has wriiten a number of books related to this subject. Do you really want to be subsidising the deposit for his next house? As they say, if you cant do, teach! Well, the end of the road has arrived for Buy to Let, and this is exactly what the author is doing.