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?
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