All I have to add to this mark678 is make sure you understand and calculate all the fees, charges costs etc buying, maintaining AND selling before you do anything so you fully understand the whole process start to end from a financial modelling perspective, get out excel and put your skills to good use.
e.g.
loan establishment fees
agent fees
loan break fees
government fees & charges
capital gains tax on expected return
interest payments
council fees
property maintenance
real estate letting costs
insurance
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Glen Diemar, MD
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