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(, Sun 1 Apr 2001, 1:00)
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Out of interest, why?
Can't see a problem with making money any way you like provided it's not illegal or something that wouldn't hold morally with your patrons
(, Fri 11 Jun 2010, 15:57, 1 reply, 16 years ago)
Depending on the size of the charity,
(I'm assuming it's not a big one) the risk to return isn't that good.
Unless they do something like buy them do them up and sell them quickly, in which case I can't see how squatters got in in the first place.
(, Fri 11 Jun 2010, 16:01, Reply)
Let's say you're intrusted with £250k, and you want to secure an income from it, how would you invest the money?
£50k in each group of banks collecting 2-3% if you're lucky on a 5 year bond?
(, Fri 11 Jun 2010, 16:04, Reply)
I'd buy shares,
I wouldn't buy a single £250,000 property.
(, Fri 11 Jun 2010, 16:06, Reply)
but three properties for *does maths* £83k each
wouldn't be a bad investment.
(, Fri 11 Jun 2010, 16:07, Reply)
83k wouldn't buy you a mobile home 'round here :(
£110k minimum for a tiny studio apartment in my town.
(, Fri 11 Jun 2010, 16:08, Reply)
You can double those figures around here.
=(
(, Fri 11 Jun 2010, 16:10, Reply)
Christ, which bit of London do you live in?

(, Fri 11 Jun 2010, 16:11, Reply)
A well specced new 1 bed near me sold for £320k...

(, Fri 11 Jun 2010, 16:12, Reply)
Jebus, what a rip off

(, Fri 11 Jun 2010, 16:23, Reply)
Southgate.
It's quite a nice area, but it's no Hampstead.
(, Fri 11 Jun 2010, 16:14, Reply)
*looks on RightMove*
www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=OUTCODE^1671&insId=1&sortByPriceDescending=false

Slight exasoration, but only slight.
(, Fri 11 Jun 2010, 16:16, Reply)
We don't all live in the third world.

(, Fri 11 Jun 2010, 16:10, Reply)
I forgot you weren't aware of anywhere outside of your lame ass town.

(, Fri 11 Jun 2010, 16:20, Reply)
Shares can go down just as much as they can go up.
Shares, on that scale, with that responsibility, would be quite a bad choice. You're relying on another company to do well in order to make any sort of return.
(, Fri 11 Jun 2010, 16:09, Reply)
You can sell short as well.
Plus you can get rid of shit shares much quicker than shit property.
And I wouldn't have to deal with estate agents.
(, Fri 11 Jun 2010, 16:12, Reply)
For securing an income, I wouldn't mind speaking to an estate agent or two.

(, Fri 11 Jun 2010, 16:22, Reply)
Far greater minds than his have suggested it is a good investment
so I'm more inclined to believe the charities are right rather than an opinionated paperclip salesman.
(, Fri 11 Jun 2010, 16:22, Reply)
haaaaaaaa!
you made me laaaaaarf there!
(, Sat 12 Jun 2010, 0:27, Reply)

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