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  1. M

    Rent a room scheme

    @deebouchie Financially its a great scheme.. to maximise it out need to pay the mortgage or the majority of it yourself and use the Tennant rent as an overpayment. View like that and you do it for a few years and you have your own place with a much smaller mortgage in 3 or 4 years. Your...
  2. M

    1 in Dublin or 2 in the country?

    @feuerbach No worries. It is an investment so obviously ROI is important, but it isnt a hands off investment like a fund, or convienent maintenance like stocks where you sit down with the laptop, you will have to physically turn up and manage it or you will be paying someone to do those things...
  3. M

    1 in Dublin or 2 in the country?

    @feuerbach It depends if you plan on managing it or not and how much maintenance you plan on doing.. paying a management company a months rent a year to manage the viewings and letting vs doing it yourself. but then your up and down to dublin to inspect & clean the place or let the cleaners in...
  4. M

    Wise to move out?

    @lola7 As others have pointed out there is a risk to moving out and not being ontop of your finances. .if I were you, as a trial run, work out what your reasonably going to spend on bills and rent if you move out, take away the 300 you pay your patents in rent and put the rest in the credit...
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