Are You A Sexpat Or Do You Ride The Backwards Morality Train?

[geordiel]

An unexpectedly poor performance from my last property investment is leaving me approx £200 per month short of what I would be happy with to retire in Thailand in a couple of years. This may or may not improve but meanwhile Im considering ideas for additional investment.

Its unlikely that I would save enough to buy another house so Iam looking at other options ie self-storage units. Seems to be paying 8 to 10% with a fairly low entry requirement and is apparently a developing market in the UK. Anyone got experience (good or bad) in this area?

[manhattan55]

Self-storage has done well in the UK over the last few years, but personally I like UK ground rents better. Although ground rent returns are lower at 6% and up, they pay a steady return and are lower risk than self-storage. Here is more about ground rents: http://bit.ly/QkuPg9

Edited June 4, 2013 by manhattan55

[yoshiwara]

For base money requirements plus approaching retirement where you probably wish to lower management time overheads, you might consider backing off from chasing 8% ROI yields with the associated risks. The first step might be to maximise S+S ISA each year and put into blue-chip regularly paying 4%+. That gets you the equivalent of over 6% pre-tax return. If you are looking for a pre-tax return of ~ 1000 pounds per month but your capital is less than 250-300k then resist the temptations that beckon IMHO.

[Mark1971]

For base money requirements plus approaching retirement where you probably wish to lower management time overheads, you might consider backing off from chasing 8% ROI yields with the associated risks. The first step might be to maximise S+S ISA each year and put into blue-chip regularly paying 4%+. That gets you the equivalent of over 6% pre-tax return. If you are looking for a pre-tax return of ~ 1000 pounds per month but your capital is less than 250-300k then resist the temptations that beckon IMHO.

300k would buy 4 rental houses in my area @ 75k each.

Rental income would be £500 pcm x 4 = £2,000 pre tax / month.

I would be pretty devastated if I had 300k cash & couldn't make 1k a month return.

[yoshiwara]

For base money requirements plus approaching retirement where you probably wish to lower management time overheads, you might consider backing off from chasing 8% ROI yields with the associated risks. The first step might be to maximise S+S ISA each year and put into blue-chip regularly paying 4%+. That gets you the equivalent of over 6% pre-tax return. If you are looking for a pre-tax return of ~ 1000 pounds per month but your capital is less than 250-300k then resist the temptations that beckon IMHO.

300k would buy 4 rental houses in my area @ 75k each.

Rental income would be £500 pcm x 4 = £2,000 pre tax / month.

I would be pretty devastated if I had 300k cash & couldn't make 1k a month return.

A house for 75k? Where on earth? A social security sink estate on the outskirts of some provincial heaven?

Anyway, managing several properties requires a time overhead and maybe not quite what is intended if wanting to spend more time in Thailand.