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Investment advice/success stories needed!!!

4 replies

zephyrcat · 12/08/2006 12:12

My Mum would like to invest some money into something which she can make a good return on. This is a one off chance so it has to be minimum risk. She is quite keen on getting a little holiday home in Devon to rent out but is worried about the extra cost involved with things like maintenance and what would happen when it's not being rented out etc. Has anyone done anything similar and have any advice or other suggestions for things she could invest in?

TIA

OP posts:
Carmenere · 12/08/2006 16:52

If I was here I would look for a property development company that are building a holiday scheme and see if there is a guarenteed rental return package available. I know that these are fairly standard overseas so I'm sure there is such a thing in the UK.

Carmenere · 12/08/2006 16:58

Something like this may be a good option as you get the benefits of ownership with very little hastle.

AngelaChill · 13/08/2006 10:46

Property isn't a good investment now, and is high risk. Everybody has had a piece of the pie and so the returns aren't good anymore. The yields are less than 5% she might as well put her money in the bank and save herself the hassel. As for capital growth, you make money when you buy an investment not sell it and the prices right now are at an all time high. If she has the cash then if she sits back and waits for interest rates to rise, there will be forced sellers from whom she can buy at a good price.

zephyrcat · 14/08/2006 21:35

Thanks for your replies It seems to be quite a difficult thing to decide on and also quite scary as this is a one off thing so it has to work. My Uncle has bought a house that needed improvements done/extending etc and done most of the work himself then sold them on... I think she should invest in his houses and get back a % of the profit based on what she put in when he sells them - but it's something I#ve never done so again, don't know all the risks.

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