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buy-to-let holiday Lodge investment will deliver 8% NET income per annum
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csgohan4 said:eskbanker said:ColdIron said:I think it should remain, MSE ranks well in Google searches0
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Sounds a bit like what Dream Lodge we're promising. That didn't work out too well. Read this thread from start to finish and decide if you want to invest your hard earned money in something similar.
https://forums.moneysavingexpert.com/discussion/5100470/dream-lodge-group/p1
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eskbanker said:csgohan4 said:eskbanker said:ColdIron said:I think it should remain, MSE ranks well in Google searches"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
csgohan4 said:Sea_Shell said:mikb said:coyrls said:It's easy to provide 8% income for some time, if you are prepared to forget about the safety of your original capital.
But in the meantime they hope you tell all your friends and family about the amazing returns you're getting in those first couple of years!!!!No one has ever become poor by giving0 -
Have they found a new use for the Storage Pods then? Or the Parking Spaces, maybe?0
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thegentleway said:csgohan4 said:Sea_Shell said:mikb said:coyrls said:It's easy to provide 8% income for some time, if you are prepared to forget about the safety of your original capital.
But in the meantime they hope you tell all your friends and family about the amazing returns you're getting in those first couple of years!!!!1 -
Isn't it funny how the photos in the sales brochure shows the buildings in idyllic greenfield locations with no neighbours, boundaries, access roads etc.
Does every lodge really come with it's own 1 acre plot ?
In Canada, quite possibly.
However in this instance I think the reality is more like this..
“Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.” Charlie Munger, vice chairman, Berkshire Hathaway0 -
Why is anyone giving this joker airtime?2
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Thanks for all your replies.
I came across this while doing a Google search. I did believe this to be a too good to be true investment. And looking into forums I couldn't find any information to such a specific type of investment and thought I'll ask the question here.
This is not an advertisement for them, I am just doing my research.1 -
No, they don't let you use it for personal use.
For a lodge costing 55,000gbp, they pay you a rental income of 366 a month (all monies paid quarterly) and they gurantee for this for 5 years and and at the end of 5 years they add 10% uplift to your initial capital and pay your sums back.
Just going through all the replies and answering questions.
Like I said I agree it's too good to be true and if this is legit people would snap this opportunity up.1
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