Quote:
Originally Posted by paterson00
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?
|
you dont have your head in the clouds but money is an issue.
when you start stretching yourself you find your plans may not be viable.
buy in an emerging market and enjoy your purchase