Does that mean 107.02% of people who own property own an IP?
nah what it means, is that there is a 100% of people who own property, but as you break down the individuals, the ones who continue to have properties in the smaller percentages, are also part of the earlier percentages of higher percents that own property in that selected…[Read more]
92% of people who own property only own 1
8% of people who do own property own 2
5% of people who do own property own 3
2% of people who do own property own 5
and only .02% (which is a very very tiny figure) own more than 11+ properties.
your right in some way, but i know your a little against what im gonna say, but “buy in doom when in gloom”
some people might not like the idea, that the weaker investors, will have to put up their investment property for a quick sale, so they dont go bankrupt or default on their loans, but really in a time when interest rates…[Read more]
Chan, i will admit, you got one of the most best property portfolios i have seen, so diversied, but not only that, you have so much flexibility in your portfolio, you have one of the greatest flexibilities to attack or handle any property market, either be it boom or bust… [:o)] and still be able to capitalise… [:o)]
lol… i wouldnt worry about that, you’ll get a nice honey money rate, but it all out honesty if interest rates rise, weekly rentals begin to increase, now lets say 3 months later after a rental increase due to interest rate rise…
and the interest rates begin to fall, and lets say if you tenant still has another 9 months or even…[Read more]
nice way to put it, but i dont wanna get on anyones bad side on this, but in theory people believe and are told.
“wheres there is a boom, there is always a bust”
in reality, this is quite the opposite, we have been booming and then steading out, booming again and then steadying out more, theres no real bust at all, its weaker investors…[Read more]
both loc and offset accounts are very similar in a way. just think of them both as revolving credit loans, but with your money.
problem with a LOC is it is like a huge credit card, and as a credit card is debt, you will always have this debt lying around, the advantages with the loc is, because its such a big credit card, (not…[Read more]
Henry Kay, was a guy who i will say was a definite but also a very good Property Guru, problem is he ripped many people off at the same time, thats another story, but in a few years he managed to create i think it was 143 different companies and made millions, well over 70, 80 + millions of dollars, run a search on the forum, by the…[Read more]
i cant say much, chucked a sickie last night at work and then today at school, didnt bother to go, but in a couple hours time, just going out first, i will share what i did over the weekend.
hopefully after the easter break, havent told work yet… but honestly, with the way my boss acts and all, (hes a real prick) will be organsing work to reduce my working hours a little further more again… [:o)]