Forum Replies Created
Hi there
I have 2 investment properties started about 9 years ago with the first and 2 years ago with the second. I have also juggled a share portfolio and actively participate in this sector.
For those who are studying or saving madly for deposits ect. try buying property stocks on the share market. Im sure your broker with be more than happy to give you advice.
[:X]
quote:
With the tittle of Steve’s new book “0-130 properties in 3.5 years” I thought it would be interesting to ask how many properties people have? Where are you at with your portfolio?Mine:
17 total
9 – sub 100k in regional centres/areas (prices paid) (7 cheap houses, 1 duplex pair [2])
8 – 150k-200k outer metro suburbs (prices paid) (all new houses built or building)
All rentals no wraps
Neutrally geared portfolio
500k in new equity (deposit money not included)
Started property investing 9 months ago.Would like to be 100+ properties and financially independent within 5 years and will probably buy overseas as part of the portfolio. Plans include continuing to buy strong cash flow properties and building, renovating, developing to create cash to pay down debt.
So let us know how you are going! 100 properties, no properties! What’s your story?
Slumy
quote:
MarieYes this is common and good to do if you have enough equity. Then if the bank doesn’t give you what they want, just go to antoher bank. Most people like to do it the other way round, make their home debt free-itmakes them feel safer.
BTW did you mean pawn?
Terryw
[email protected]
