All Topics / Overseas Deals / The right way to do it ?

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  • Profile photo of Sparticus10

    OK I’ve been doing what the first book said and buying +CF property (in NZ) and I’m up to 5 IP’s giving me a +CF of around $6,000 p.a.

    My concern is that I’ll need one hell of a lot of these to get financially free from working, maybe 50 or more of them !

    Am I going about it the right way or did I miss something?

    Profile photo of tassietassie
    Member
    @tassie
    Join Date: 2005
    Post Count: 3

    gday,having read the books just recently it sounds like you are going to plan what is the problem with 50+ properties as long as you can keep funding them.how are you funding the deposits??

    Profile photo of Sparticus10

    Hi Tassie,

    Just from savings and I’m now borrowing against them for further acquisitions.

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