UK Landlord Forum / Life

In regards to your interest in this wonderous field of property business...

ok in 10 years i'd like to own property in Switzerland, Dubai, and Canada.... woohoo lets see what happens.


you?

LOL Dubaid, you know something we don't know about a new country being built lol.
Would these properties you desire for, be for personal use or investment.  Would you let them out or live in them yourself ?

In 10 yrs I would like to have a business that is being managed by someone else leaving me to relax and chill on my personal wealth of around £10.95. 
One of my projects is to see where and what kind of house I could get by investing as little as possible in a small house and using the profit from that to fund the next * bigger *and so on, this would be a hobby rather than for financial gain.  So in 10 I would have hoped the small house would have turned into a pretty big one !. it has been done before by two Chinese guys who had 50k to burn, they made there 50k house into a 1mil house within a year.  I would have a go to do it in a year but I have a life so ten would be plenty of time.  I also hope in 10 that I am reading Pfags continued blog


Badger

You know that gay couple Colin and Mark (I think) that are always on TV? Didn't they do a similiar kind of project, where they started off with 100k, and kept buying and selling properties until they reached a million?

Sounds like a plan to me!

Quote from: Badger on July 24, 2007, 02:24:25 PM
LOL Dubaid, you know something we don't know about a new country being built lol.
Would these properties you desire for, be for personal use or investment.  Would you let them out or live in them yourself ?

In 10 yrs I would like to have a business that is being managed by someone else leaving me to relax and chill on my personal wealth of around £10.95. 
One of my projects is to see where and what kind of house I could get by investing as little as possible in a small house and using the profit from that to fund the next * bigger *and so on, this would be a hobby rather than for financial gain.  So in 10 I would have hoped the small house would have turned into a pretty big one !. it has been done before by two Chinese guys who had 50k to burn, they made there 50k house into a 1mil house within a year.  I would have a go to do it in a year but I have a life so ten would be plenty of time.  I also hope in 10 that I am reading Pfags continued blog


Badger

ROFL thanks for pointing that out... edited!!!

Badger if husband makes it to being CEO somewhere i'd love to have a place in all three areas PLUS get additional property for investment purposes... HOWEVER... right now i think i'll probably just consider property to let rather than for myself.

Lol @ 10.95

That sounds really interesting, I hope it all works out, be sure to keep us updated plzzzz, thnx.

Indeed, how could we ever part from pfags blogs... pshhh NEVERRRR. Atleast he knows he's got two dedicated readers right? hehe

OH i really like this thread . its an interesting question

Well i'll be nearly 30! by then , So Hopefully I'll have no mortgage or a small one and have a doer-upper on the go . Or one to let out ....hmm

Also id love love love to have either my own homestaging company or a furniture rental company ... but I think that definately is dreaming ! 

Furniture rental company? I don't think I've ever met someone that wanted to own one of those, blood!

Mortgage free would be nice!

indeed it would.

But I think by 30 i'll of not done it

maybe 35 !