Chris here, thanks for checking out the video. Don't forget you can earn £57 ($70) when you join Stake through my link here: bit.ly/GetStake
@rachaelspence938 Жыл бұрын
Please explain how much returns you gain on 1 property in the long run? You have paid nearly £500 in uk money only to get £2 uk money back a month? Just doesn’t seem inviting. £500 divided into £2 would have to wait X250 months to gain profit.
@MiroslavProvod8 ай бұрын
You get profit straight away as you still keep your £500 (unless the property goes down in value, which I believe is unlikely over the long term). The £2/month is £24/ year, which is 4.8%. On top of that you get what is expected as the increase of the property in value. This is predicted as another ~5%. So overall you get 10% return as long as you hold part of the property. I'm not an expert but this is how I understand it. With small investments it's not much but if you can invest more even the 10% return can be a lot as it's much higher than the best savings accounts in the UK can offer you.