Friday, November 13, 2015


O.K.! 



So, at long last, I have the answer!

How to make an extremely fabulous fortune.

Too easy, so easy it is unbelievable.

Acquire a block or two of flats, (apartments).

Lease them out on well worded agreements to the elderly as ‘supported housing'.  

Register the organization as a charitable housing association to    enjoy extensive tax allowances.

Subcontract everything from accounts to maintenance

Ensure the leaseholders pay a service charge for the maintenance, repairs and replacements of ALL your investment.

Add on a ‘management fee’.

Ground Rent must not be forgotten either.

Sit back and watch the cash roll in. 
Never ever spend the income from your investment on the investment!

Could even call myself Genesis Housing Association…………


What do you mean “It’s been done?” Really?

Now that is a shame!

How could anyone be so mercenary?