Originally posted by GitMaster69
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5 houses in - carry on or slowly retire ?
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Give it all away to charity and challenge yourself to build it all up again. Provided to you're up for the task and man enough to do it. -
I'd seriously consider trading them in for a hotelOriginally posted by GitMaster69 View PostWhere do you put a stop to this ? Just finished buying another house and my greedy nature is already thinking of next. My girlfriend wants me to stop and retire on Tenerife with small but healthy income in comparison to contracting.
on one hand I think I have developed solid investment strategy with loads of millions capacity. At a cost staying in this crap weather
on the other a place in the sun now…
I know it’s free advice but I’m interested what are your views on this ?
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If it’s real life I really wouldn’t - I know more people who have gone into the hotel/b&b business and it ended up disastrously wrong than for whom it’s actually worked out forOriginally posted by oliverson View Post
I'd seriously consider trading them in for a hotel
merely at clientco for the entertainmentComment
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This does happen quite a bit but its usually down to misreading markets and getting the pricing wrong.Originally posted by eek View Post
If it’s real life I really wouldn’t - I know more people who have gone into the hotel/b&b business and it ended up disastrously wrong than for whom it’s actually worked out for
Poor occupancy usually starts and ends with poor pricing on these.
Second to this is location
Third is p*** poor general business management.Former IPSE member
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