The profit is so low, economy is stuck. Cash buys look like the best way for btl, preserving value and small cash flow. The bonuses in some professions are 3x the annual profit of a lot of the properties listed.
I wouldn't call an annual £4k profit & 11% ROI low. Thats better than most regular investments out there. You can also double/triple this by doing different strategies such as serviced accomodation. Yes a job may pay higher bonuses... but those are never guaranteed, you're taxed heavily on them, and you can get let go from a job anytime. You can never get let from an asset you own. Plus it appreciates in value over time.
@@thewealthwarren6940 I get what you mean, just in the grand scale of wealth it seems minuscule in comparison to the returns you could have had with this strategy a decade ago at better rates
Would love to know from your experience if possible or in another video, the order of the property costs / property purchase process. At what stage do you get a survey? Is this before the purchase. Thanks.
The profit is so low, economy is stuck. Cash buys look like the best way for btl, preserving value and small cash flow.
The bonuses in some professions are 3x the annual profit of a lot of the properties listed.
I wouldn't call an annual £4k profit & 11% ROI low. Thats better than most regular investments out there. You can also double/triple this by doing different strategies such as serviced accomodation.
Yes a job may pay higher bonuses... but those are never guaranteed, you're taxed heavily on them, and you can get let go from a job anytime. You can never get let from an asset you own. Plus it appreciates in value over time.
@@thewealthwarren6940 I get what you mean, just in the grand scale of wealth it seems minuscule in comparison to the returns you could have had with this strategy a decade ago at better rates
Would love to know from your experience if possible or in another video, the order of the property costs / property purchase process. At what stage do you get a survey? Is this before the purchase. Thanks.
Great suggestion- will make a video on this in the coming weeks. Thanks!
Morning Warren. Have a great start to the week ☀️ Thanks for the upload 😎
Hi Warren, thanks for answering my question, you’re a star 🌟
@drjanemccartney you're welcome thanks for the suggestion!