PropertyInvesting.com | chrism9645 | Activity https://www.propertyinvesting.com/members/chrism9645/activity/ Activity feed for chrism9645. Mon, 06 Apr 2026 09:21:53 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6816e080397bdcd1bb3329db1c1db650 chrism9645 replied to the topic The Million $ challenge? What are we doing wrong? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372593-the-million-challenge-what-are-we-doing-wrong/page/2/#post-4465598 Wed, 07 Apr 2004 06:41:48 +0000 OK – I think I am getting the idea. But it would seem that at the start, you need to really focus on very cheap properties with good rental return to start to build from.

That being the case, is anyone prepared to mention areas that can be looked at in the current market?

Does anyone know if there is still enough mine life left to think about…[Read more]

]]> fd34cf38b52f491148cd586ffed550ca chrism9645 replied to the topic The Million $ challenge? What are we doing wrong? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372593-the-million-challenge-what-are-we-doing-wrong/#post-4465593 Mon, 05 Apr 2004 12:31:11 +0000 I agree, you can (and should) definitely use the equity as it increases, but remember we are talking about 12 months! I guess I struggle to see how this much capital can be raised in such a short time unless you are well prepared for it.

The only way I can see that this kind of acquisition can take place is if you have significant equity in your…[Read more]

]]> a7ccb33aec602ad62ffb186000635988 chrism9645 replied to the topic The Million $ challenge? What are we doing wrong? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372593-the-million-challenge-what-are-we-doing-wrong/#post-4465589 Sun, 04 Apr 2004 23:12:33 +0000 I am actually talking about managing $1M worth of property, not actually making $1M in a year. If we were able to take on a portfolio of that size, our 10 yr timeframe would be about right. (assuming we could get to $2M of property in 2 yrs)

The question is, that $200K is bloody hard to get! If you have a home you can use – great, but a lot of…[Read more]

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