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Subject Topic: ***Buying to let*** Post Reply Post New Topic
28/3/2008 at 2:25pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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Has anybody had success with this option. Sorry if its been posted before. I fancy buying to let out and use when it isn't.

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Work just gets in the way.



28/3/2008 at 2:39pm
 Location: Norwich
 Outfit: 57 Mondeo 2.0 TDCi .
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Not got a motorhome myself but saw a guy interviewed on tv and they specialise in hiring. They reckoned they could make you the cost of running the home back at least every year. Not sure how true because he was selling his services but the figures he gave out worked on paper.


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28/3/2008 at 2:41pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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Hmmm.......i will have to investigate more any links? Thanks

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Work just gets in the way.



28/3/2008 at 3:02pm
 Location: Norwich
 Outfit: 57 Mondeo 2.0 TDCi .
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Just had a look on the tv programme website but not allowed to post details of it on here.

If i can find any details i will post up.



28/3/2008 at 3:05pm
 Location: Kent
 Outfit: Rapido 985F Fiat
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Hi all,

Try the address below, it certainly sounds all ok,??? unless someone out there knows differant !

bye



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Don't think about, do it!
          [{:)]


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28/3/2008 at 3:05pm
 Location: Kent
 Outfit: Rapido 985F Fiat
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www.motorholme.co.uk  opps forgot to paste this.....senior moment !!

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Don't think about, do it!
          [{:)]


28/3/2008 at 3:18pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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thnks folks, i'll be looking into it. I reckon motorhomes are going to take off bigtime in the next few years. Interest in tent camping has doubled over the last 10 years and i think a percentage will aspire to use motorhomes

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Work just gets in the way.



28/3/2008 at 4:12pm
 Location: Norwich
 Outfit: 57 Mondeo 2.0 TDCi .
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Quote: Originally posted by janso100 on 28/3/2008
thnks folks, i'll be looking into it. I reckon motorhomes are going to take off bigtime in the next few years. Interest in tent camping has doubled over the last 10 years and i think a percentage will aspire to use motorhomes

How are they going to figure on the new tax laws and on congestion charges??

Have a look at availability on Motorholme, they dont seem to have many booked yet even for peak times.



28/3/2008 at 4:20pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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I think i would build my own website. The first Motorhome would be mine anyhow and the rentel would just be a bonus when im not using it. Its a way of pursuading the Wife into letting me have one........I have quite a successful villa rental in Florida that i rent out mainly just from ebay and a thirdparty agency. I think i could get the motorhome to break even in the first year.

 

Jans



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Work just gets in the way.



28/3/2008 at 4:37pm
 Location: Norwich
 Outfit: 57 Mondeo 2.0 TDCi .
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Good luck with it, guess you could let us know on here when your set up.

May get a few bookings



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28/3/2008 at 4:40pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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Work just gets in the way.



28/3/2008 at 6:50pm
 Location: huntingdon
 Outfit: neisman & bischoff arto
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hi

I am a new owner of a motor home and until i bought it i was thinking about rental but not now i have taken the plunge.

I have rented in the past in america with a young family and i remember a number of things got broken, most people do not look after vehicles if they are not the owners and motorhomes are not like houses the fixtures and fittings are far flimsier due to weight/payload difficulties.I would also suggest that to get the top rate you would need an up to date model therefor your iniial investment would be high, if you settle for older vans maintenance would be high ,

please post again if you go ahead and i really hope you prove me wrong

palaceboy 



28/3/2008 at 7:02pm
 Location: Newcastle u lyme staffordshire
 Outfit: outwell indiana 6 & 2 Quechua's &base
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I have just said more or less exactly the same to the wife......if you are going to let you would have to have a modern one and be careful who you are renting to.

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Work just gets in the way.



29/3/2008 at 8:06am
 Location: Sunny Cheshire
 Outfit: Bessacarr E765p
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Janso, sorry to play party pooper or devils advocate.

Might be worth you popping in to have achat with Malcoms Motorhomes in Burslem. He used to be a motorhome hirer in Stoke but now only sells new.

Check on ebay, its a cut throat market already. Loads of people doing it and loads more stating they can do it for you. If your investment is going to be a £35k plus van which from the way you are talking it looks like it, then as others have said expect trouble. Other than the high milage and damage which wil inevitably occur, the increased insurance costs the all to familiar break down of compononents.  The resale value will be poor due to the abused state. Companies that hire motorhomes tend to factor them, ie lease them for very small fees and then rent them to cover the costs and make money.

You could of course just rent it to people you know, and pray that your friendships not ruined by the way they abuse it.

like i say have a word with Malcom see  why he don't hire anymore.



29/3/2008 at 6:07pm
 Location: 
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I would have thought the insurance costs would be phenomenal too.  If you look at hiring a motorhome the excesses are often huge and the small print plentiful.  If things got broken I reckon you could have a messy battle on your hands as to who is liable and to actually get any money out of them etc.

Good luck if you do do it.

Ali




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