Spare money

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sal replied

27 July 2015, 10:04
Real contractors don't have spare money, they invest everything in hookers and coke - memories for life
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FatLazyContractor replied

27 July 2015, 07:32
Take inspiration from Lord Sewel
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Bacchus replied

26 July 2015, 14:23
Originally posted by tarbera View Post

Ok if we are being serious and you want to make real money

Sell everything, buy a but to let in an upcoming place in London £800k 2 bed flat, get someone In to cover as much mortgage as you can get away with

Wait 1 year sell for £1110k

Or buy so where tulipty and make a few grand a year at most

I guess a butt to let would be around King's Cross?
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mudskipper replied

26 July 2015, 13:21
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tarbera replied

26 July 2015, 12:59
Ok if we are being serious and you want to make real money

Sell everything, buy a but to let in an upcoming place in London £800k 2 bed flat, get someone In to cover as much mortgage as you can get away with

Wait 1 year sell for £1110k

Or buy so where tulipty and make a few grand a year at most
Leave a comment:
Avalonia replied

25 July 2015, 07:43
I don't have any BTLs but think about it occasionally. Everyone I know with BTLs has horror stories about tenants. I'm sticking to ISAs for now.
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DimPrawn replied

25 July 2015, 07:31
Originally posted by Avalonia View Post

Pay off mortgage

And miss out on all this lovely low interest debt?

No, get a portfolio of buy-2-lets and become a BTL King with a BTL Empire!

Don't let generation X, Y or Z get their grubby little hands on those houses people!
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Avalonia replied

25 July 2015, 07:13
Pay off mortgage
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WordIsBond replied

25 July 2015, 06:49
Originally posted by eddie1507 View Post

Obviously this could go 1 of 2 ways and I'm looking for the more sensible option.

What do you guys do with the spare cash from contracting ? I'm considering buy to let as a long term investment.

Ask Margaret Hodge to recommend an off-shore tax efficient investment.
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AtW replied

24 July 2015, 22:49
Originally posted by stek View Post

Wow! What a great idea, I'm surprised no one has thought of that and posted several threads about this already....

Nobody else got spare money
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stek replied

24 July 2015, 22:29
Originally posted by eddie1507 View Post

Obviously this could go 1 of 2 ways and I'm looking for the more sensible option.

What do you guys do with the spare cash from contracting ? I'm considering buy to let as a long term investment.

Wow! What a great idea, I'm surprised no one has thought of that and posted several threads about this already....
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eddie1507 started a topic Spare money

24 July 2015, 22:24
Spare money

Obviously this could go 1 of 2 ways and I'm looking for the more sensible option.

What do you guys do with the spare cash from contracting ? I'm considering buy to let as a long term investment.
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