Spare money

[eddie1507]

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.

[stek]

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....

[AtW]

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

[WordIsBond]

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.

[Avalonia]

Pay off mortgage

[DimPrawn]

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!

[Avalonia]

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.

[tarbera]

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

[mudskipper]

[Bacchus]

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?