M
mavali
New Member
Hi All,
I am a newbie property investor. I do not own any property in UK or USA at the moment.
My current financial situation permits me to look for a property investment of up to 150k GBP which is approx. 250k USD. That is by putting 30% of that amount as downpayment and rest on finance. I am looking for some monthly income out of the property after ALL costs and taxes and decent capital appreciation in the next 5 years.
I am faced with the dilemma of which place is better for investment between USA and UK.
Only prospective area in my mind in UK is London or surrounding it but these are all very expensive and you have to settle for less desirable areas for this price.
In USA, property looks relatively cheap at this point but there are so many places to look at for investment. I am currently looking at VillageWalk in Orlando and that seems interesting. Not sure what other good cities or properties are out there for investment.
Any advise that could help make me my decision is much appreciated.
Thanks
I am a newbie property investor. I do not own any property in UK or USA at the moment.
My current financial situation permits me to look for a property investment of up to 150k GBP which is approx. 250k USD. That is by putting 30% of that amount as downpayment and rest on finance. I am looking for some monthly income out of the property after ALL costs and taxes and decent capital appreciation in the next 5 years.
I am faced with the dilemma of which place is better for investment between USA and UK.
Only prospective area in my mind in UK is London or surrounding it but these are all very expensive and you have to settle for less desirable areas for this price.
In USA, property looks relatively cheap at this point but there are so many places to look at for investment. I am currently looking at VillageWalk in Orlando and that seems interesting. Not sure what other good cities or properties are out there for investment.
Any advise that could help make me my decision is much appreciated.
Thanks