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Serious post. Any "money men" on here? investments

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Old 13-10-2005, 10:23 AM
  #41  
tonyk
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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.
Old 13-10-2005, 10:50 AM
  #42  
JRST
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Originally Posted by tonyk
Im afraid housing is the only relatively safe investment at the moment.
This is not true.

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
Old 13-10-2005, 11:02 AM
  #43  
tonyk
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I meant in general about houses, not just abroad but also at home. I have never seen a house price over here (belfast) drop.
Old 13-10-2005, 01:26 PM
  #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!

.
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!
Theres a guy who knows what hes talking about
Old 13-10-2005, 01:35 PM
  #45  
Porkie
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What the Limo guy
Old 13-10-2005, 01:41 PM
  #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!
Old 13-10-2005, 02:41 PM
  #47  
HYBRiD_T
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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.
Old 13-10-2005, 03:25 PM
  #48  
Neil Clark
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I've owned and rented out houses and its NOT worth the hassle AND i need a monthly income that dont stop when they do a runner!
Old 13-10-2005, 05:43 PM
  #49  
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if four instance you had a £1/4 million to invest what would you do, just out of interest
Old 13-10-2005, 06:44 PM
  #50  
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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
buy a f40 and a 360 spyder
Old 13-10-2005, 06:46 PM
  #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
Old 13-10-2005, 07:57 PM
  #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
now there a wise man
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,
Old 13-10-2005, 09:23 PM
  #53  
Rhys
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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.
True that is good, but its going to take atleast 10 years for Turkey to enter the EU, and then its not 100% but i think it will tbh.

Property is the way forward, and it doesnt have to be in the UK
Old 31-10-2005, 01:13 PM
  #54  
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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!!!
well for those who took my advice....the o2 shares are at 205....they just been taken over by telfonica..
woo hoo
Old 31-10-2005, 03:55 PM
  #55  
GARETH T
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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!!!
well for those who took my advice....the o2 shares are at 205....they just been taken over by telfonica..
woo hoo

well done mate
Old 31-10-2005, 04:05 PM
  #56  
MikeR
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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
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