45,000 to Invest

bunnygo

absolutely not. You can get better returns in the building society now than you will on BTL, without the risk and hassle.

Albermarle

jimjames said:

Exodi said:

newlandlord555 said:

I am looking for secure investment with high returns ...but safe too.

If I had a penny...

I don't know why many seem to hold the view that becoming a BTL landlord is some sort of cheat code or shortcut to immeasurable financial wealth. Especially in the current situation of ever-increasing 'anti-landlord' legislation and a cost of living crisis.

Maybe something to do with the dozens of companies marketing "property education" as a route to get rich quick. It's scary how much they charge giving people misleading and unachievable dreams.

I think about £2k/£3K for the initial course, which mainly is a hard sell to pay to move on to the next level, which costs around £10K and includes one to one support, which inevitably disappears like a puff of wind after a few weeks.

JohnWinder

boingy said:

 Higher risk = higher rewards….

But I think it will probably turn out to be a high risk investment even if you get some trouble-free tenants,

So, sounds like it’s going to get high rewards

Richard1212

jimjames said:

Exodi said:

newlandlord555 said:

I am looking for secure investment with high returns ...but safe too.

If I had a penny...

I don't know why many seem to hold the view that becoming a BTL landlord is some sort of cheat code or shortcut to immeasurable financial wealth. Especially in the current situation of ever-increasing 'anti-landlord' legislation and a cost of living crisis.

Maybe something to do with the dozens of companies marketing "property education" as a route to get rich quick. It's scary how much they charge giving people misleading and unachievable dreams.

I tend to agree with what jimjames has said.