The Student Room Group

If you had 100k...

which can only be spent on a business idea, what would you do?

Scroll to see replies

property
Flipping or buy 2 let
build your portfolio and end up with lots of money, assets and a good life.
I would start a homemade gift company and rent a premises from which I could sell them
Original post by Jamesnight1
property
Flipping or buy 2 let
build your portfolio and end up with lots of money, assets and a good life.


£100k to invest in property? Okay...

For me, it would be spotify but for audio books.
Reply 4
Original post by esralled
£100k to invest in property? Okay...

For me, it would be spotify but for audio books.


like audible?
Original post by saranoo
like audible?


Like audible but with the free/premium model of spotify
Reply 6
Original post by esralled
Like audible but with the free/premium model of spotify


but wouldnt that mean the authors make close to ****. thats so great
Original post by saranoo
but wouldnt that mean the authors make close to ****. thats so great

Authors make close to nothing anyway, plus spotify pays like $1/thousand plays?
I'd start my own bakery.
i would run a curry shop.
Property for sure. You don’t have to have bought the house outright, you just need a cheap enough mortgage that rental income will cover it and give you a little profit.
Original post by Jamesnight1
property
Flipping or buy 2 let
build your portfolio and end up with lots of money, assets and a good life.

That's not really how it works ...
Original post by Conniestitution
Property for sure. You don’t have to have bought the house outright, you just need a cheap enough mortgage that rental income will cover it and give you a little profit.


That's not how it works either. You have to pay the motgage,taxes and maintenance.

It's only truly profitable with new houses and even so... Not a sure thing at ALL.

Surest thing to buy/let is actually land. Property values fluctuate far too much for it to be a sure investment with only 100 000 which btw, is NOTHING in that market.

Not to mention that the taxing for homeowners is pretty much a pisstake.

Not to mention the maintenance etc etc.
Reality TV shows make the property industry look like it's an easy get rich quick scheme.

It really isn't.
(edited 5 years ago)
A laser cutter, a small army, a nuclear device and a butler who can use a hat as a weapon.

This should work in my favour...
Original post by shalla13
That's not how it works either. You have to pay the motgage taxes maintenance.

It's only truly profitable with new houses

Surest thing to buy/let is actually land. Property values fluctuate far too much for it to be a sure investment with only 100 000 which btw, is NOTHING in that market.

Not to mention that the taxing for homeowners is pretty much a pisstake.

Not to mention the maintenance etc etc.
Reality TV shows make the property industry look like it's an easy get rich quick scheme.

It really isn't.


You say that but in the area I live in there’s a large amount of students and houses that can be converted into smaller flats. I understand that bills have to be covered, I’m not entirely stupid. I don’t think that you’d see any major benefits of a property investment for a good few hears but you’d appreciate it long term.
property
Original post by Conniestitution
You say that but in the area I live in there’s a large amount of students and houses that can be converted into smaller flats. I understand that bills have to be covered, I’m not entirely stupid. I don’t think that you’d see any major benefits of a property investment for a good few hears but you’d appreciate it long term.



Assuming their value doesn't decrease. You'd have to hope and pray. :frown:
Original post by shalla13
That's not really how it works ...

It is but okay
Buy 2 let means you buy to rent....
flipping well you can search that up.
Building a portfolio can take years and you might fail I don't know how this "not really how it works" because it's exactly how it works.
obviously, there is more to just buying it and renting it I thought I wouldn't have to explain that to you
Original post by Anonymous
which can only be spent on a business idea, what would you do?


ALL ON MY DESIGNER CARPENTER BUSINESS! I have so many ideas about creating furniture which saves space, multi-functioning furniture.
But sadly I did not pick D&T and business study for options GCSE :C
Probably use it to franchise a well established chain.

Quick Reply

Latest