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In the UK the house market is solid. Has only been going up in value for the last 20+ years, so much so that most people can't afford to buy and have to rent. That makes it pretty easy if you're able to save £30k odd. If you got a mortgage on a property and filled it with renters, you'd profit easily £1000p/m on a 4 bedroom property rented out anywhere in the London region. That's £12,000 per year and your investment back in less than 3 years. You do this with 5-10 properties, you never have to work again, and each property get's easier to buy once you've got the rent coming in monthly over the top of your wage.
30 years down the line when prices have escalated, the mortgage has been paid off - sell up and wham, bam, thank you mam, easy retirement money.
Easiest way to make money if you're good at saving money. If you can't even save £4,000 without spend, just don't even both kidding yourself. Money makes money - if you aren't able to get it in the first place, you've got no chance.
Best of luck!
dude, what are you talking about? are you saying you can buy real estate in the uk for 30 thousand pounds? dont you need like 2 more zeros next to that 30?
In the UK we get something called a mortgage. It's basically a loan to buy property. The 30k is the down payment you have to pay normally to get the mortgage, but once you get it, the property is bought in your name and then you have to pay a sum month. However if you fill it with renters, they will easily pay your mortgage fees and more over the top, so you actually profit monthly on buying a property and letting it out.
Hope that makes more sense
CHAT
