For centuries and generations, real estate in the UK has focused on home ownership. This trend has been changing over the last few years, creating a supply and demand problem for rental units.
In this interview with Jack, Mitul Patel shares how he is helping to meet that demand with an increased supply of rental units supplied by people who are investing in real estate for that purpose.
As a 25-year veteran mortgage broker in the UK, Mitul has himself been investing in real estate for 20 years in the buy-to-let niche. When he started doing this, there was no one available to counsel him on the dos and don’ts or the perils and benefits of this type of investing.
The recent economic downtrend in traditional investment returns have led many in the UK to look at other means of funding their retirement dreams or even their day-to-day income needs.
With the influx of Europeans moving to the UK, there has been a greater shift towards the need for rental housing. Investors are finding that the returns from this can be greater than the ROI from their savings and retirement accounts.
Mitul is sharing his vast experience in this niche, as well as his network of connections in the mortgage industry to help others take advantage of this growing trend. Mistakes in the real estate industry can be financially devastating and he helps to eliminate the heartache, and expense of learning on your own.
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