Episode 86: How to replace your salary with buy-to-let

21/07/2021 25 min Episodio 86

Listen "Episode 86: How to replace your salary with buy-to-let"

Episode Synopsis

Stuart and Simon turn their salary replacement analysis to property investment with a buy-to-let strategy. What would it take to build a BTL portfolio that provides enough income to replace the average UK salary? Listen to find out!
The discussion this week includes:
* Our previous episodes on replacing your salary with rent-to-rent (https://www.thebusinessofproperty.com/80) and replacing your salary with HMOs (https://www.thebusinessofproperty.com/82).
* What is vanilla buy-to-let?
* Can you BTL with new build properties?
* The beauty of buy-to-let.
* Target salary replacement.
* A single property buy-to-let scenario (https://app.patma.co.uk/s/LfdI08ht).
* Potential return and comparison to alternatives.
* BTL probably doesn't work with other peoples money.
* Rental cover / ICR (https://docs.patma.co.uk/glossary/rental-cover/) and the importance of the mortgage stress rate (https://docs.patma.co.uk/glossary/stress-rate/).
* Hands off investment.
* Replace your salary or double your salary!
* Replace your salary with capital appreciation.
* Property investment is a balancing act.
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