Investment snapshot

Hi readers,

Is there such a thing as being caught in the property investment game unaware?

I bought my first property in 1984 as an overseas student out of desperation to stay and only few hundred dollars in the bank account.

Bought my first investment property in 1989, 2nd one in 1997, 3rd to 8th through 2000 to 2002,..and 10 in this year alone – attribute to my final year in the corporate world.

I just kept buying when the opportunity arise, price feels right, rent feels right and the finance is available. I did not plan. Just let my passion for good properties come to me.

I often feel guilty for not planning. I just like to know how you guys

i. start, what inspired you (I was naturally inspired by a poor but happy childhood. I just choose not to be poor again)
ii. what do you do for day time as a cash job?
iii. Do you have a plan and a end date or goal?
iv. how much income would you like to achieve before you stop?
v. is there a magical number of properties you would like to have before you consider happy
vi. is there a property class that you prefer, ie unit, stand alone houses, apartments, factories, offices, syndicates, etc
vii. how have you structured your property portfolio so as to minimise land tax?

Since this is an anonymous forum, it is a great place to share and take a snap shot around the table.

From,
Investor Unaware