04-10-2023, 08:05 PM
(04-10-2023, 07:40 PM)WhatDoYouThink! Wrote: If he'd invested locally,
1400 to 2500 psf
1600 to 2800 psf
1800 to 3200 psf
He would hv made around 50 to 80%
If invest locally, you need a big capital. This doctor spends less than $85,000. The British pound is even less.
It is possible that the UK side does the trick. First, need capital, ask to invest. After the project is finished, sell at a loss.
For overseas property, it is better to have the full cash to hold the property. Once you feel that it is right, you can sell away. UK has those management companies. It is just that the country is far away and difficult to manage. Too bad, this one is a pooling of resources.