Here is the million dollar question...literally. Will investing in buy-to-let make me rich?
Buy-to-let investment fundamentals
Well firstly, lets look at the fundamentals. You are investing in a growing industry. The latest research from Kent Reliance pinpoints the fact that the number of households in the private rented sector is set to continue to grow rising from 4.8 million now to 5.4 million in 2020.
Recent research from Wrigglesworth indicated that buy-to-let was the best performing asset class over the last 18 years.
Fundamentally, as Mark Twain once famously said; "Buy land, they're not making it any more". This could explain why house prices continue to outpace inflation and exhibit real term increases of 2.9% according to the Nationwide Building Society.
Examples of buy-to-let investors making it big
One of the most well known examples of the buy-to-let big time is Fergus and Judith Wilson who accumulated a portfolio of 1000 properties. To find out their tips on making on a fortune on buy-to-let worth over £250 million in just under 25 years.
The secrets
The secret to making money in buy-to-let is playing a long term game and following the 3 pillars of buy-to-let
It can make you rich, it depends on luck, hard work and how much you really want it like most businesses. The rest is as they say is down to you.
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