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Fazer declared bankrupt


seven

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If I had money like these guys

I would buy as many properties as poss. Rent them out. Simple.

Never go broke.

Someone told me lethal has a few props. Smart man

i said this in another thred got negged

 

but isnt that not the smartest thing to do

 

if u had million pounds spend 500-800k on property and rent it out

 

simple

 

if u don't mind waiting 25 years to make money on ur investment n ur willing to go through the hassle of being a landlord

 

if u had millions it'd be a lot easier to sit on ur arse n just not be an idiot

its not about making a profit there and then

 

as i said... if i had 1million pound liquid i would use between 500k-800k on buying outright houses, doing it up for letting purposes... thats that done

 

get people in with a 4-6 bed property per house...

 

lets say i buy 40 properties each havr 5 bedrooms average rent is 700 per room for the month

 

3,500 x 40 (properties) = £140,000 a month CONSTANTLY coming into my bank account without me having to REALLY DO ANYTHING

 

thats what im talking about revenue streams... but yes profit would be in the near future... but now at least i have 40 properties in my name...

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If I had money like these guys

I would buy as many properties as poss. Rent them out. Simple.

Never go broke.

Someone told me lethal has a few props. Smart man

 

When people ain't got money to rent all the properties you will have to pay the mortgages yourself.

 

That's a classic way many people have gone broke.

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If I had money like these guys

I would buy as many properties as poss. Rent them out. Simple.

Never go broke.

Someone told me lethal has a few props. Smart man

 

When people ain't got money to rent all the properties you will have to pay the mortgages yourself.

 

That's a classic way many people have gone broke.

 unlikely you will struggle to find someone to rent the yard depending on what home you have bought

 

thats why you buy strategically buy homes in which you will always let them out 

 

if you have 5 /6 and one is vacant the income generated from the others will be enough to supplement the mortgage of the other one 

 

plus it doesnt have to be your only source of income 

 

and worst come to worst you still have the freedom to sell that yard 

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