Bought a house (PPOR) say $300k with decent land size for future built. Buy 4 IPs (2 -ve, 2 +ve). After 5 years sales 2 -ve. Knock down your PPOR and rent. Used cash from sales and build your dream home. if you have some cash left over buy 2 +ve. if you don’t draw down equity from your 2 +ve and buy another 2 +ve.
5 years Results:
1. Your dream home (PPOR)
2. 4 +ve
Your thought please
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]
11 secs is just use to help you to work out if it is +ve cash flow property without having to carry your calculator around. eventhough it’s fix the 11 secs soln it’s still does not mean +ve cash flow all the time.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]
It would not matter that much as long as the town had multiple industries that employed people and it was growing in size. I think the size of a town is immaterial as long as you do your due diligence thoroughly.
Totally agreed
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]