just sold, page-18

  1. 2,631 Posts.
    lightbulb Created with Sketch. 151
    450k - 335k = 115k
    minus funds to complete buy side
    minus loan interest
    minus fees
    minus running costs
    minus sell side fees
    plus rental income
    minus tax on profit

    = over 2 years, not that good imo

    obviously don't know your friends circumstances but using it just as an example for many people i know that are borrowing to play this property investor game. i can think of many investments that would have given better results, given the capital outlay.

    i still can't figure out why people think its worth taking on such a large risk for such an average return on capital.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.