stanny replied to the topic When agent asks “How much do you have to spend?” in the forum Help Needed! 18 years, 9 months ago
Hi I’m an agent myself (Bulgarian real estate: http://www.balkandreams.co.uk/ )and to be honest I have never asked anyone that question. However I have been asked the question and here is what I think is a good answer for the situation you described earlier on. If you know that you are looking at a property which is over your budget, you can…[Read more]
stanny replied to the topic What would you do? in the forum Help Needed! 18 years, 9 months ago
Hi here is one idea: you can buy a property in Bulgaria (as prices are still low and so is renovation cost) for about 10,000 euros (close to the coast) renovate it and add a pool – about 20,000-25,000 Euro (using a company). And then sell it for 50,000Euros, so you make 20,000-25,000Euro is 3-4 months and in reality you don’t do anything…[Read more]
stanny replied to the topic New Investor on the block in the forum Help Needed! 18 years, 9 months ago
God luck with investing and be careful, as it is as easy to lose money on properties as it is to make.
Bulgarian Properties: http://www.balkandreams.co.uk/
[biggrin]stanny replied to the topic WHERE are these cashflow+ properties?? in the forum Help Needed! 18 years, 9 months ago
Hi, I think it is possible to find good investment properties. I bought a house in Bulgaria (close to the coast) for 5000paunds last summer and 2months ago another house in Bulgaria for 1000paunds. You just have to look for them.
stanny replied to the topic Need a solution? in the forum Help Needed! 18 years, 9 months ago
Hi, I’m 21 now. I opened my first company with my husband when I was 19 and now we are developing our second company (this time with my husband and my dad) which is real estate agency in Bulgaria(however me and my husband are in the UK). It has been going for a year and has seen a massive rise in prices through that time. I personally brought a…[Read more]