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This sounds like a fake post, if you are so smart that at the age of 24 you managed to earn and save £100k then you should be smart enough to know what to do with it too?
Prove me wrong and I will give you my advice ....finance professionals are all the same everywhere in the world...their job...
No the flat has its own entrance, thats not an issue. If the mortgage company doesn't lend me - then I can also buy with cash. It's the price what the area demands - but surprisingly its in a very safe London suburb less than 20 mins to central london by overground train.
I wan't a high income...
I found what I think is a very good commercial mixed used property in SE London. It is set up as a Retail unit appx. 700 sq feet on the ground floor and a large 2 bedroom flat on the 1st and 2nd floors. The Flat is rented with a guaranteed rent of £800 per month for another 24 months. The retail...
Property with leverage is a risky business too - especially nowadays. In the event of any major worldwide recession - only those people will survive who have property fully owned and cash in the bank to get them through. So I would suggest this - with 300k - buy as many fully owned properties...
Stay away from Franchises right now they are too competitive and lot of hard work and high failure rate - no matter who says franchising is an easy way to start. Its nonsense - I hate the franchise system and unless you are investing a big amount to open up a Mcdonalds then don't bother - anyway...
Wealth managers and business consultants are all disgusting people who only aim at making money for themselves and losing other people's money. If it was that easy - then there would be no business failures in the world and such a forum would not even exist.
Thanks.. im not interested in opening up an estate agency.. its tooooo much work and dealing with buyers and sellers is awful... I enjoy being an investor myself but I would never want to be in my estate agent's shoes selling a property to me.....
besides its not easy to manage, very...
If you think millionaires buy everything outright with cash and don't use any leverage to their advantage and rather block up their capital - well then that explains why you are poor and will probably remain poor forever.
Here's a scenario - an Aston martin Vantage costs £100-£135k to buy...
Why don't you do something CONSTRUCTIVE with your life rather than sit here and PICK on every little thing I say.....if I say one thing - you have something else to pick on.. and if I say something else then you have another something to pick on.....
It's the first time i'm getting into...
Arrrghhhhh.... people are so ignorant here... have you read my entire post?? I AM NOT - I REPEAT I AM NOT LOOKING FOR A WAY TO MAKE EASY MONEY AND LIVE IN UK - I already have enough money - I am in UK on an entrepreneur visa which has a CONDITION to invest 200k in a business - and does not allow...
YOu are wrong - £85k is the minimum investment required for setting up a Mcdonalds now - see here - http://www.franchisedirect.co.uk/foodfranchises/mcdonalds-franchise-06834/
It is a very profitable business HOWEVER I am a health freak and it is absolutely against my principles to sell that...
Can you read and understand english properly?? If you are british then it's the language of your country - so read again. I never said anywhere that I won't be posting on the forum - I simply said I won't be replying to one particular member here who keeps posting insults directed towards me -...
Consultant sea -
1) I already have the entrepreneur visa - I am exploring my options now.
2) All UK settlement visas are NON-retrospective so even if rules change in 3 years they won't apply to me as I already am in the UK under existing rules.
3) The entrepreneur visa is supposed to be...
Excuse me - who the hell are you to tell me where to go and take my money?? And believe me - a foreigner with money is more welcomed by your government than you pathetic British people. Why dont you do us all a favour and move to florida or spain and stay there getting a snake like burned skin...
There is no need to be abusive now - I never abused you or anyone else here so this just goes to show how much class you have really. A simple shopkeeper?? Well I can understand your jealousies then - but to be honest if you looked at the people below you in this world you would be happier being...