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Updated over 8 years ago,
New Member from Perth/Australia - investing in UK
Hi Community, I got here through the youtube channel - which is amazing!
About myself:
I'm a 31 year old, originally from Germany but now based in Perth, Australia (love the lifestyle).
I did my Master in Architecture in Germany and have been working for a developer in Australia for the last 6 years.
The property market here is completely overpriced through mining. BUT NOW due to mining recession house prices are plummeting and so are jobs - it's not looking better in the close future.
My girlfriend and I have joined the "Rich Dad" based mentorship program for the UK and connected with a local investors group who already invest into UK (with the same program).
The plan is to start with lower budget "buy to let" and find the odd good deal to flip a property for cashflow to reinvest. The sourcing agents in the UK are doing a fabulous job from what I've seen already! Couple of guys I met are working with angel investors on great deals.
Let me know if you already have dealt with the UK market and what you think otherwise :)
Cheers, Steve