another im going to retire by 30 article

willair · 29th May, 2015

AddressPurchase dateProperty typePurchase priceEst current valueWeekly rentRental yieldCanning Vale, WASep-094-bed, 2-bath. House$412,000$600,000$6005.20%Newman, WAJul-112-beds, 1-bath. Villa$575,000$600,000$6005.20%Blackwater, QldJul-113-bed, 2-bath. Town house$472,000$450,000$4254.91%Muswellbrook, NSWAug-124-bed, 2-bath. House$430,000$450,000$3003.47%Caversham, WAJan-134-bed, 2-bath. House$385,000$525,000$4804.75%Newman, WAMay-133-beds, 2-bath. House$746,000$750,000$7505.20%Newman, WAJul-135-bed, 3-bath. House (finished 2015)$750,000$900,000$1,800*10.40%*Kings Beach, QldJul-142-bed, 1-bath. Unit$275,000$300,000$2905.03%Leppington, NSWJul-14Dual occupancy : 4-bed, 2-bath house and 2-bed, 1-bath compartment$675,000$850,000$900*5.51%*Fortitude Valley, QldAug-142-bedroom, 1-bathroom apartment (finished 2017)$520,000$550,000$600*5.67%*Caboolture, QldSep-14t$255,000$255,000$2855.81%Total Properties: 11 $5,495,000$6,230,000 one could break this down in several ways in pre packaged narrative consequences from the mining towns upwards..

Highlygeared · 29th May, 2015

willair said:
AddressPurchase dateProperty typePurchase priceEst current valueWeekly rentRental yieldCanning Vale, WASep-094-bed, 2-bath. House$412,000$600,000$6005.20%Newman, WAJul-112-beds, 1-bath. Villa$575,000$600,000$6005.20%Blackwater, QldJul-113-bed, 2-bath. Town house$472,000$450,000$4254.91%Muswellbrook, NSWAug-124-bed, 2-bath. House$430,000$450,000$3003.47%Caversham, WAJan-134-bed, 2-bath. House$385,000$525,000$4804.75%Newman, WAMay-133-beds, 2-bath. House$746,000$750,000$7505.20%Newman, WAJul-135-bed, 3-bath. House (finished 2015)$750,000$900,000$1,800*10.40%*Kings Beach, QldJul-142-bed, 1-bath. Unit$275,000$300,000$2905.03%Leppington, NSWJul-14Dual occupancy : 4-bed, 2-bath house and 2-bed, 1-bath compartment$675,000$850,000$900*5.51%*Fortitude Valley, QldAug-142-bedroom, 1-bathroom apartment (finished 2017)$520,000$550,000$600*5.67%*Caboolture, QldSep-14t$255,000$255,000$2855.81%Total Properties: 11 $5,495,000$6,230,000 one could break this down in several ways in pre packaged narrative consequences from the mining towns upwards..

Each to their own but I wouldn't feel overly safe with his portfolio. I'm not referring to the value, but the quality.

willair · 29th May, 2015

Highlygeared said:
Each to their own but I wouldn't feel overly safe with his portfolio. I'm not referring to the value, but the quality.

Yes I agree 100%,75% of workers worldwide do not have a permanent job going by what the international labor organization data spills out,and the US mapping of the minimum state by state is around $15.00 compared to what is was at $9.00 a hour,the same as in Australia no matter what anyone tells Australia could go the same way as unemployment grows each day..

TMNT · 29th May, 2015

Highlygeared said:
Each to their own but I wouldn't feel overly safe with his portfolio. I'm not referring to the value, but the quality.

ditto, mining and OTP inner city apartments galore

disaster in my mind

TMNT · 29th May, 2015

Ace in the Hole said:
It's no big deal.
If the property thing don't work out she can just get a contract as the next big Super Model, make a quick couple mil in 6 months and retirement goals accomplished.
There are many ways....

or get a gig on Big Brother or renovation rumble, and earn $200k for a few weeks worth

Ace in the Hole · 29th May, 2015

TMNT said:
or get a gig on Big Brother or renovation rumble, and earn $200k for a few weeks worth

Or just keep hustling/working at something worthwhile regardless of being financially free or not.
What you gonna do at 30 years old if you don't work?

willair · 29th May, 2015

Ace in the Hole said:
What you gonna do at 30 years old if you don't work?

https://www.youtube.com/watch?v=aKb30wofLGw

TMNT · 29th May, 2015

Ace in the Hole said:
Or just keep hustling/working at something worthwhile regardless of being financially free or not.
What you gonna do at 30 years old if you don't work?

go on Big brother Season 456!

BayView · 30th May, 2015

Brady said:
Just because they have the means of a high paying job, doesn't mean they aren't as impressive. .

Not saying it isn't an achievement; just putting it into context.

Often you see those with higher incomes 'flaunt/flash it' and send the extra disposable income on really disposable things. A $6M asset base with some reasonable growth even at 100% LVR could easily be $6M net equity by age 45. Also see a lot who look at their high paying job as their 'investment' not truely using it to their advantage

Well said. Kudos flying your way.

DaveM · 30th May, 2015

What a dumb website. They also need to learn what a squatter is

http://www.whichinvestmentproperty....quatters-took-over-my-western-sydney-property

Halp I cancelled my LL insurance and my house got trashed ohnoes!!!!

another im going to retire by 30 article

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