Serious post. Any "money men" on here? investments
#41
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My brother bought a house in the mydi pyrenees area of france, it was 6 bedroom with a half finished swimming pool. He bought it from an english guy who ran out of money.
He finished the project and its worth in access of 700,000 euro. He is looing at buying something in Turkey.
Im afraid housing is the only relatively safe investment at the moment.
He finished the project and its worth in access of 700,000 euro. He is looing at buying something in Turkey.
Im afraid housing is the only relatively safe investment at the moment.
#42
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Originally Posted by tonyk
Im afraid housing is the only relatively safe investment at the moment.
I know what you mean but the amount of risk involved is still high. you are completly depended upon house prices going up.
The bloke who brought a house in France was lucky to buy something like that but it has been demostarted many times that international property law is not as that here.
It is just not that easy. You need to know the right people and have a good team to get the job done.
Housing in the UK is currently hanging by a thread. But it really depends on how and what you are buying.
Rental market is recovering but only in key areas and if it was me and that money I would be looking else where for investment and good return.
Jay
#44
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Originally Posted by Porkie
Originally Posted by HYBRiD_T
I would buy 3 limousines, pay 3 drivers, 1 administrator and treble your money within a year!
.
.
#46
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Lmao how did that get in there. Turkey is a good idea... i have family who have bought up property in Turkey... in the last three years it has more than doubled and set to go up even more depending on the EU!
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Porkie, I do agree, it isn't that easy to set up a limousine business and I was talking shite.
I do appreciate that one of your best mates is running a limousine business which gives you a very good incite into how hard it really is.
I do appreciate that one of your best mates is running a limousine business which gives you a very good incite into how hard it really is.
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Originally Posted by sean forsyth
if four instance you had a £1/4 million to invest what would you do, just out of interest
#51
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NEW/55 Mercedes-Benz CLK DTM AMG RHD Ltd Edition Brilliant Silver Metallic with Black Leather Racing Seats
1 of 100 made ,a real investment at £210k
1 of 100 made ,a real investment at £210k
#52
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Originally Posted by RC4
NEW/55 Mercedes-Benz CLK DTM AMG RHD Ltd Edition Brilliant Silver Metallic with Black Leather Racing Seats
1 of 100 made ,a real investment at £210k
1 of 100 made ,a real investment at £210k
i bet you have made a killing
i do like how everyone thinks it EASy to get these massive gains!
if i have the money, i would buy apparments off plans pay the deposits, and sell just as the apparments are finished only buy in the trendy areas of the uk,
#53
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Originally Posted by Porkie
[
I like Cams suggestion, another place you could consider is Northern Cyprus. Its a gamble though. Personally I think you will make money if Turkey get accepted in EU and If they ever start flying direct there officially. Property abroad can be risky and scary though!
I still like property in the right areas in the UK though.... nice flat in right area and just rent the fooker ooot.
I like Cams suggestion, another place you could consider is Northern Cyprus. Its a gamble though. Personally I think you will make money if Turkey get accepted in EU and If they ever start flying direct there officially. Property abroad can be risky and scary though!
I still like property in the right areas in the UK though.... nice flat in right area and just rent the fooker ooot.
Property is the way forward, and it doesnt have to be in the UK
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Originally Posted by bob1972
2 things i would say....
buy a bundle of O2 shares @ 155 pence........i bought em at 70pence...(today they are 162pence)
secondly , buy a 1 bed/ 2bed flat or masionette (approx 100k value) and stick 10/15 k down per property and use the banks money to fund the rest....go for interest payments only....u manage the lettings etc, and thats the best way ,
but this is only advice!!!
buy a bundle of O2 shares @ 155 pence........i bought em at 70pence...(today they are 162pence)
secondly , buy a 1 bed/ 2bed flat or masionette (approx 100k value) and stick 10/15 k down per property and use the banks money to fund the rest....go for interest payments only....u manage the lettings etc, and thats the best way ,
but this is only advice!!!
woo hoo
#55
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Originally Posted by bob1972
Originally Posted by bob1972
2 things i would say....
buy a bundle of O2 shares @ 155 pence........i bought em at 70pence...(today they are 162pence)
secondly , buy a 1 bed/ 2bed flat or masionette (approx 100k value) and stick 10/15 k down per property and use the banks money to fund the rest....go for interest payments only....u manage the lettings etc, and thats the best way ,
but this is only advice!!!
buy a bundle of O2 shares @ 155 pence........i bought em at 70pence...(today they are 162pence)
secondly , buy a 1 bed/ 2bed flat or masionette (approx 100k value) and stick 10/15 k down per property and use the banks money to fund the rest....go for interest payments only....u manage the lettings etc, and thats the best way ,
but this is only advice!!!
woo hoo
well done mate
#56
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I know you say you have been there but...............
Buy a new build property of plans and flip it as soon as it rises over what you would get from ing my mate has just done this granted over seas more then doubled his money in less then 2 years
or a commercial property syndicate
mike
Buy a new build property of plans and flip it as soon as it rises over what you would get from ing my mate has just done this granted over seas more then doubled his money in less then 2 years
or a commercial property syndicate
mike
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