I want to start on the ladder.
I am looking to become a person who owns property around the world which is rented to holiday makers. I would like to be able to cover at least most of the mortgage with the income. I have done a fair amount of research already and have learnt quite a bit. The problem i have is this. I do not have alot of cash to invest at the moment. Maybe £400 a month towards a mortgage. I have looked a little at the leasback scheme in France also i have looked lots at Florida property as my wife and i both love it there and the market for purchasing is god at the moment.
I would like a safe investement rather than a risky one untili could afford to take that gamble. Does anyone have any suggetstions as to where would be a good place to invest long term.
We like the idea of a holiday let as you can also use the property yourslf occasionaly therefore getting something from it immediatly, otherwise i think i would purchase a property and rent to the uk government.
Do i have my head to high in the clouds or is this dream possible?
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