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Buy 5 houses in the UK for 200K each and live off the rental income. Sweet.
Ok, so realistically probably stick half into long term investments and then use the other half to leverage property for rentals. 500K could get me into 3.3m worth of property on a buy to let basis. Even if you only cover the mortgage from rental income the long term upside is huge. Assume a double in value every 10 years and hold for 20 years, get out with a conservative $10m plus whatever the other half of my money has done.
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