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The Buy-to-let Bible (Lawpack Property)Snagging.org In association with Amazon.co.ukOnline Shop | Property Guides | Kitchen & Home | Garden Tools | Power Tools | Consumer Electronics Get the Snagging Checklist Here! Rating:  - Out of date but worth a read.Being new to buy to let, this book contains some good information about types of property and the associated risks, ie student letting is more profitable, but more hassle, and the house may get trashed. However, the book is wildly out of date regarding financing. I found the author slightly condescending with his approach on how easy it is to make money, but as purchase prices have increased significantly since the book was written, it's now hard to break even on a monthly basis. Rating: - Needs updating!OK, so property is a fast moving market, so I guess a book can get out of date very quick. Ajays examples are just so unrealistic in todays market. With normal (high risk) yields rarely exceeding 7%, his 12% model is completely out of touch. Those getting into B2L now will be including long term growth in their models. An interesting read, but needs an update. I'd recommend his 7 pillars book! Rating:  - Buy something elseI bought this book having seen some of the other reviews and now feel compelled to write my own. How anybody can rate this book 5 stars is beyond my comprehension. There is no content in this book. over 50% of this book (pages 89-226) consists of a 'reference chapter' The rest of the book is far too short to be worth looking at. You are best finding out information on the internet than wasting your money on this book. Rating: - Useful for basic informationThe availability of Buy to Let mortgages has allowed many people to become private landlords. But don't expect to give up the day job if you're 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 can't do, teach! Well, the end of the road has arrived for Buy to Let, and this is exactly what the author is doing. Rating:  - Worth every pennyA fantastic read. I've managed to get a lot of information about the buy to let market from a fried of mine and a few programs I've seen on the TV. However, I still found lots of useful information in the book. Clear and concise. Go back to: The Buy-to-let Bible (Lawpack Property) You might also be interested in the following great products:
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