What would I do differently?
If you started property knowing what you know today, would you stick with BRR - Buy to Lets?
Absolutely, without a single doubt. 😎 However, I would probably secure 2 R2Rs first just to give me some nice monthly cash flow whilst I grow, as BTLs and BRRs are very slow.
Plus, there’s lots of time waiting for Legals, Builders etc so I’d have enough time to manage some R2Rs close to home. Single lets are described as the foundation of a Portfolio, but I think they can form an entire portfolio, as long as there is diversity within i.e tenant type, location etc.
They are as ‘boring’ and ‘vanilla’ as it gets, but that’s exactly why I invest in them, I want my Property to be as passive as possible, and hassle-free.
Yes, I make a lot less than my HMO friends, but it comes at a cost. 😬 I do have one BRR-SA, which is doing fantastically, even during this global pandemic. Thanks to kg_inspired_