Investor With 900 Houses Reveals Buy-To-Let Secrets
October 27, 2009 at 3:22 PM Lawrence Hall 1 comment
How do you become the UK’s Buy-To-Let King?
“We did it,” says Fergus ’900 houses’ Wilson, “by avoiding buying flats … Poor people live in flats … and they live in flats because they can’t afford a house.”
These and other nuggets of wisdom can be absorbed over at the Renegade Economist website in a priceless exchange between a flat-renting critic of the housing market and a pragmatist who happily admits that he amassed his empire with other people’s money.
Depending on your point of view, you’ll either be clutching your head in your hands along with economist Ross Ashcroft (who sounds strangely like Jack Dee) or applauding the savvy of the impassive Fergus, who’s not about to be brow-beaten by anybody.
Compelling stuff.
And while you’re here: any thoughts on flats vs houses as an investment strategy?
Via: the rat and mouse.
Entry filed under: Buying & Selling. Tags: Buy-To-Let, Property Investment.
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Jane | November 9, 2009 at 2:02 AM
Why is the interviewer such a socialist?