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Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Don't know how many times I've said on here that there are both good and bad landlords, and good and bad tenants, but hey, why not just imagine what I said instead, and/or come back with a condescending retort or ad hominem attach, plenty of others are doing it… that'll learn me! 😅

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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    You did indeed say that. However your general tone feels like you have a lot of hate for landlords not so much in just your views but the stern way you express yourself in your response to everyone. so what exactly is your position/view on the whole topic of the new regulations? Most of us here feel like it is going to be a very bad thing for tenants due to reduced supply. And most of us think the risks it's brings for landlords is way to high.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Yup, on #2 there, that's what I've seen. The apartment block where I first owned property had many BTL landlords with one property each (and more later as people moved from owner-occupier to landlord); and one BTL landlord with six properties. The people with a single property were very careful about vetting tenants and in general, their tenants were great. The one with six properties was a major problem - no vetting done, appalling tenants, up to and including serious drug dealing, garda raids, etc. They'd get evicted, tell their mates the place was going to be vacant, their mates would somehow get the apartment, rinse and repeat. The management company (and agent) tried talking to the landlord, but it was like talking to a brick wall. Next time one became vacant, there'd be a queue of prospective tenants, first or second in the queue would get it, still no vetting. Which I just don't get.

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  • Registered Users, Registered Users 2 Posts: 1,530 ✭✭✭Mrs Shuttleworth


    Haven't read the whole thread but I'm heading off into the sunset on this renting business also, with reluctance and some genuine sadness. I have two properties rented out long term, both were my PPR for periods in the past. I got hit hard in the 2008 crash and had to move home with parents which led to both properties being rented out.

    One property I will keep and take my chances, the other I am definitely now going to sell, which screws up my pension plans for the future. Long term very good tenant in the property, since 2014, paying well below market rent, I can't increase to market rates because whole country now in RPZ. This puts me in position where I had no option but to issue him with notice of termination - I can't keep a tenant on that current rate when rent in the same development is going to go stratospheric from March for any new tenants. I worked out the numbers and as I'm finally in positive equity to a reasonable degree in that property after years in negative, rather than tie myself in for a six year period at a higher rent with what would have to be a new tenant, I'd rather walk away now.



  • Registered Users, Registered Users 2 Posts: 1,433 ✭✭✭Iscreamkone


    Would you think there is any truth in the rumour that landlords are now offering tenants an option to pay extra in cash or else face eviction/termination of lease?



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  • Registered Users, Registered Users 2 Posts: 37,707 ✭✭✭✭o1s1n
    Master of the Universe


    There are 105,500 registered landlords on the RTB, I'm sure there are all manner of deals being worked out all over the place.



  • Registered Users, Registered Users 2 Posts: 28,501 ✭✭✭✭drunkmonkey


    The Government really need to bring in a version of the rent a room scheme for landlords, 14k tax free I bet a lot would bite including me, currently they’re allowing this just for a room to private individuals , I'd bring a whole house out of air b&b to a full rental for a family etc. I’d have to charge 28k odd rent at the moment to get the same return.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    All for it if the rent is somewhat linked to median pay for the area. Could cool new rental inflation, and tie rents to income



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    My question is what are other landlords going to invest their money into after selling up should you decide to do so?

    @Aidensfield

    This is a service I came across and signed up to this week. Its a model based on the S&P 500 that predicts long term buy and sell signals. My record is good on entry positions but struggle on exit timing

    In-depth interview with creator



  • Registered Users, Registered Users 2 Posts: 1,530 ✭✭✭Mrs Shuttleworth


    No doubt this is happening but if the relationship breaks down or tenant gets shirty for whatever reason then they have the landlord over a barrel if a dispute is lodged with RTB. My tenant offered me more money to stay but I refused. It wasn't enough to bring the rent up to market rate anyway. So that particular tenant has to leave my property in any event, directly as a consequence of the new legislation.



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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Thanks. while i play with the stock market in a very small way it is not really my thing.



  • Registered Users, Registered Users 2 Posts: 1,590 ✭✭✭Emblematic


    I can't keep a tenant on that current rate when rent in the same development is going to go stratospheric from March for any new tenants. 

    However, surely what level rents are in other developments are largely irrelevant. What matters is what you get from your current property vs. what you might be able to get from alternative investments. Next door could be renting for a billion a month but that should not make a difference to you because it will never be available to you because you are getting out of the landlord business.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    3 options really. Continue taking crap money and struggle. get top dollar and take on massive risk or sell up and limit your risk. Don't get to worked up about your pension. A pension should be seen as security for later life keeping both will not offer this. My plan is to sell about half and just enjoy life a bit more. It is a little annoying that this whole mess was caused by the government interfering in the open market. If any research had been done at all they would have seen rent controls just don't work. Had they not interfered in the first place the would likely be an oversupply of rental properties now all across the country, Rents would be far lower landlords would be happier and tenants would not face this mess they are in and about to get worse. You are making a wise decision.



  • Registered Users, Registered Users 2 Posts: 28,501 ✭✭✭✭drunkmonkey


    EU ETS/EUA Carbon allowances. We’re committing economic suicide with them, it doesn’t show any near term turnaround as the EU would look Trumpy, any sentiment turn around ride them all the way to Net Zero, money to be made both ways.
    Don’t put everything in them, hedge with some solids like Oil & Gas. You can’t smelt steel with solar panels.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    ESG is just plan dumb, betting on companies that ESG shun has been incredibly profitable over the past 3 years

    How does electrification work without copper, yet ESG shun miners



  • Registered Users, Registered Users 2 Posts: 2,473 ✭✭✭mrslancaster


    Can’t see too many private landlords going along with a rent that’s linked to a tenants income. Isn’t it the state’s responsibility to subsidise tenants or provide low-cost options?



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    Understood, yet it might suit more than you think, those paying the marginal tax rate on rent for instance or encourage private sector, small business to provide housing for key employees



  • Registered Users, Registered Users 2 Posts: 28,501 ✭✭✭✭drunkmonkey


    Exactly, it’s dumb and they know it, you don’t have to agree just play the game until it’s time to short the game, could happen sooner rather than later with a 2 speed Europe.



  • Registered Users, Registered Users 2 Posts: 2,473 ✭✭✭mrslancaster


    If the accommodation was tied to employment, would it be outside the RTB remit? That might suit a lot of landlords for sure.



  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry


    Landlords are looking for less risk. That would introduce even more risk. It would take a dumb landlord to take money like that. Im sure there are plenty of dumb ones about, but its not smart at all.



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  • Registered Users, Registered Users 2 Posts: 4,217 ✭✭✭spaceHopper


    Massive red flag, the SNP500 is 30% biased towards AI big tech if and when the bobble pops it could drop like a stone, please get proper professional advice before you invest



  • Registered Users, Registered Users 2 Posts: 4,217 ✭✭✭spaceHopper


    Nope, won't help, you're tied to a tenant for 6 years, last week in the Dail Mary-Lou was calling Landlords "Wolves" she said the government were "throwing tenants to the Wolves" meaning LL's. There is too much hostility and uncertainty around this now. If as predicted a lot of LL's sell up the gov could/will panic and implement an eviction ban. If SF get into power, they will most likely double down with new anti LL laws. For small LL's the risk is to high, it's over.



  • Registered Users, Registered Users 2 Posts: 78 ✭✭Dublin_Anthony_2025


    how are you getting on with selling property ? with tenant's hesitant to move and not being able to rent other places due to high rents , are they kicking back ?

    I'm in a similar position , way below market value and can't just increase

    walk away now and approx €250k to me after CGT

    sold another late last year that closed a few days ago and made a few €€€



  • Registered Users, Registered Users 2 Posts: 2,473 ✭✭✭mrslancaster


    It’s like any minister who says they’re determined to fix a problem but then makes it worse for everyone involved by focussing the changes on just one side of the situation.

    It’s what people used to call “cutting off your nose to spite your face” 🤣🤣 Something a stupid person does when goaded into changes by those who shout loudest. They know the consequences of their actions but do it anyway.

    How anyone thinks a few thousand fewer landlords will help the shortage of long term rental properties for tenants is just bizarre.

    Do politicians on the Left who demonise providers of LTR places really believe that any owner who left the sector would consider re-entering now? Or that thousands more will stay with even more tenant-biased rules? Don’t they ever wonder why so many switched to short lets as the LT risks increased? It’s not rocket science.

    But yeah, the guys who provide the accommodation are just “wolves”. Seems like the wolves don’t want to play anymore and are picking up their ball and leaving the game.



  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry


    My brother just sold up. I know of others who have sold up before the new rules bite. I think in the not too distant future there will be only really AHBs, REITs etc investing. Thats great if you only need rental properties in the cities and apartments. Because thats the only places these guys will be investing.



  • Registered Users, Registered Users 2 Posts: 1,239 ✭✭✭80sDiesel


    Not to derail the thread but the expected increase in token use by 2027 is 10x to 50x with the explosion in autonomous AI agents.

    The problem isn't that the spend(capex) is too large; It's that it isn't large enough.

    The real AI bubble is legacy companies that are going to be hollowed out by (new) more agile AI native competitors.

    A man is rich in proportion to the number of things which he can afford to let alone.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    A standard all shares pension is 65% invested in US hence why it may be wise to seek help in when to get out and more importantly when to get back in.

    Everything is in a bubble, except energy and agri commodities



  • Registered Users, Registered Users 2 Posts: 927 ✭✭✭bored65


    Big crocodile tears over on Reddit today about the new regulations causing even more misery

    https://www.reddit.com/r/ireland/s/ZoC2yseRD7



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    Full of "landlord" bashing thickos, not realising that the legislation is the driving force for supply drying up.

    I wonder what the next genius scheme will be, in 12 to 18 months, when this blows up in the governments face?

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    "Work with a woman who nearly went homeless last year looking for a place for her and her daughter. She found a place and is paying most of her wages on it, landlord told her at xmas she needed to pack up by march. Like she was barely in the door now has to go through it all again. Some landlords are utter ****."

    Seems a legit reason for being pissed off… (and they say some, not all)

    "Nothing is going to change as long as Aibnb etc are a viable alternative"

    Even if they're only talking about the illegal/unregistered AirBnBs, they're right.

    "I have two colleagues at work which have received an eviction note from their landlords in the two months. Both have children with them (one of them has two small girls).

    Both their landlords are looking to sell the houses they live in.

    We live in Killarney so you can imagine the sort of prices of housing here and rental properties are quite scarce."

    Would seem like a legitimate case for being pissed off, again…

    But sure, call people being evicted, despite paying their rent, "thickos" - that'll show how upstanding and caring landlords are…

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