ASK536: Would you buy a property with arrears? PLUS: Will this help me save faster?

Should you buy a property when the tenant already has rent arrears? And is there a smarter place to park your cash than a business bank account?

Your questions answered on today’s Ask Rob & Rob.

(00:44) James has found a property that ticks every box. The only exception is the tenant has rent arrears. Should he still go ahead with the investment? Rob B shares how to assess whether the discount you’d get makes the risk worthwhile.

(05:51) Matt’s trying to build a deposit for his next investment as efficiently as possible. Are money market funds a better option than a business bank account for saving towards his next deposit? Rob D warns not to expect a game changer.

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