Megan Copley, the director of International Real Estate says anyone who has a bit of spare cash should seriously consider investing in overseas property. Copley has spent a considerable number of years working in the UK and European property markets and gave BizNews tips on which cities investors should consider. She said the overriding factor in an overseas property investment should be confidence in the country’s property market and not to fall in love with Victorian charm.
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Buy 5-10 Bitcoin and you’ll be far better off one day.
Who in this day and age has that amount of money. We can barely stay alive. Not all of us are elites so pander to them. Please give me your bit of spare cash.
Real Estate is a great investment( in the long term) but tenants can be the pits and they can and do trash homes, they may not pay their rent and the management company may not be much good at chasing them up either, despite endless nagging from the owner. So its lucky dip if you make money from renting the property out, or not.(If you keep the property empty, you don't pay rates but if you have furniture in it – you do, even if no one lives there). So chose your property carefully and do lots of homework about the area and its population, before shelling out your hard earned cash. New Build's in the UK are not necessarily good investments, they are being thrown up quickly(on known flood plains) and some have serious building flaws which take time and money to put right. And if you are not in the country to fight for your rights you are just buying a big headache.
An investor once told me the further away you are from your property, your overseas problems such as , maintenance & management costs go up proportionally, and we have not even spoken about the taxman.
Are you no longer on Fine Music Radio ? Where did you move to ? I loved your show and would love to know where I can find you guys again ?
I don’t know who needs to hear this but stop saving all your money. Invest some of it if you want financial freedom