Informed Decisions Financial Planning & Money Podcast

Apparently 66% of the 70,000 'landlords' in Ireland own 1 investment property. Surely you don't want to look a gift horse in the mouth, you want to be one of these? "Sure property prices are climbing, you'd be mad not to own at least one investment property". You buy the place and rent it out so that someone else can pay the mortgage for you, job done! Right?! Seems not long ago when this was the regular 'pub talk', however it is over 10 years ago now, and that talk is coming back (to a degree!). For a long time a bank would ring the Gardai if you went in and asked for a 'buy to let' mortgage (a loan to buy an investment property which you would rent out). They have softened, and are actually advertising these again, just google it! Now before we jump in it's worth noting that there is a large % of our generation who are making ends meet, putting kids into creches, working hard, and paying the bills, maybe stashing a few quid each month for future and for rainy days. For this % of us a buy to let is not on t