PropertyInvesting.com | Brissyguy | Activity https://www.propertyinvesting.com/members/brissyguy/activity/ Activity feed for Brissyguy. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 be4a02cd0a52bfecd4758f10ed1fd599 Brissyguy replied to the topic What do u class as a millionaire... in the forum General Property https://www.propertyinvesting.com/topic/4370996-what-do-u-class-as-a-millionaire/page/2/#post-4452752 Thu, 05 Feb 2004 03:37:09 +0000 Hi Kay

Well I’m off to Italy….I will be an absolute sqillionare there

Regards

Neil

]]> 9909745f32db1484bff68f85ad2e65c9 Brissyguy replied to the topic What do u class as a millionaire... in the forum General Property https://www.propertyinvesting.com/topic/4370996-what-do-u-class-as-a-millionaire/#post-4452749 Thu, 05 Feb 2004 03:00:25 +0000 Hi..for my 2 bobs worth, I have always thought more globally and to my way of thinking to qualify as a millionare in Aus would require $1,320,000 AUD approx in uninumbered equity.(Assets minus liabilities).

That is equivilant to $1 million US (The benchmark currency).

Regards

Neil

]]> 5b889755d6a04d1606c8d394f66ac71c Brissyguy replied to the topic Commercial property & Motels investments in the forum General Property https://www.propertyinvesting.com/topic/4369501-commercial-property-motels-investments/#post-4440284 Fri, 21 Nov 2003 05:53:12 +0000

quote:
I’ve done motels to death. I don’t want to be responsible for peoples needs on a 24 x 7 basis so I’ve never gone into one. But here are some rules of thumb picked up from agents, lawyers and seminars.

The ultimate aim is to own a freehold and lease it out.

They sell as leaseholds at a price which is roughly equivalent to the annual…

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