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Old 10-06-2008, 06:38 PM
oregon woodsmoke oregon woodsmoke is offline
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Join Date: Dec 2007
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800 pounds a month is enough to pay all the expenses for a property in many cities in the USA. Your tenants would help with the payment, but you need to be in a position where you can make all the expense payments if your property is vacant.

If the goal is to end up owning a property, then allow me to suggest that you look at locations where you would like to live or vacation yourself. Perhaps you could end up with a fully paid property to enjoy in your retirement.

Pay attention to political climate, and to whether or not the country allows clear ownership of land by foreign nationals. Also there are a few countries that are very difficult to get your money back out once you take it in to their country.
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