Tuesday, June 12, 2007

better investing

How to build a successful buy to let portfolio

Would you like to use property to fund your retirement instead of relying on a company or personal pension? I spoke to someone who has done just that to find out what budding investors need to do to retire as a property tycoon. Madeleine Smith is a lady who has taken her retirement finances into her own hands, investing in a portfolio of one, two and three bedroom properties. Here Madeleine explains why she chose property as the way to save for a comfortable retirement.Madeleine comments: I invested in properties not far from my home, so can drive past and check on them regularly. I have tried to stick with properties under 130,000 and also properties that fall under the stamp duty barrier to maximise my future returns. When I retire, I intend to keep my portfolio and hope to benefit from rising rental incomes, as well as obtaining further equity releases built up over time.

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