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Wonder what birchy is worth..
Depends who does the valuations.
This is really about LVR, and am curious what SS members think, which would you prefer... which is better? Its not a trick question, there's no right or wrong Just curious.
$8M property portfolio - 4M equity; or
$6M property portfolio - 4M equity
Looking at all aspects ie finance, management, stress (tenants), risk etc
MTR
This is really about LVR, and am curious what SS members think, which would you prefer... which is better? Its not a trick question, there's no right or wrong Just curious.
$8M property portfolio - 4M equity; or
$6M property portfolio - 4M equity
Looking at all aspects ie finance, management, stress (tenants), risk etc
MTR
This is really about LVR, and am curious what SS members think, which would you prefer... which is better? Its not a trick question, there's no right or wrong Just curious.
$8M property portfolio - 4M equity; or
$6M property portfolio - 4M equity
Looking at all aspects ie finance, management, stress (tenants), risk etc
MTR
Voted $4mil+. We have been into IP's since 1985, so 30 years.
You would need a couple of more brackets(x15) in your options to cater for the higher equity end
Where is Daz
Cheers
True.
If you are one of the very early starters, aggressive active investor or a more mature investor who's held a good size portfolio through 1 or 2 cycles, 4 mil in gains is very achievable.
Lol - I wish!
That is not my net worth! It's roughly how much money was generated in property deals and equity over time.
If I was smart enough to start a business that generates cash flow at that time then it would have been a different story.
Or kept our J.O.B
Unfortunately we used a lot of the equity to live off with the title of "full time property investors"
I have better structures in place now - huge learning curve!
I've made all the mistakes - interview me if you want an example of what not to do when you've made a lot of money
Threads and polls about how long it took to achieve financial involve too many variables to make any significant comparisons.
How about a poll specifically on how much capital growth/equity growth you have achieved only via property transactions considering all costs involved, CG tax too if you've sold.
Go.
So... is this a Current Net Worth poll, or something else? I'm trying to work out how to vote.
I would have though that net worth is easy to calculate, but apparently some people have voted on some other basis...?
ie
Xenia, what did you count in your "$4m (but apparently not $4m)" vote?
Re highlighted part of the quote above... does that mean you MADE then LOST $4m....????
WOW, that doesn't sound good.
Nett worth from property was my comprehension of it.So... is this a Current Net Worth poll, or something else? I'm trying to work out how to vote.
In 6yrs gone from looking at retiring on the pension to being able to retire.
No complaints.
Thats pretty damn amazing, so what did you do to turn it around, I have an idea