True definetly need $$$, you may have the tax man breathe on your neck. The ATO seem to target these sort of ventures with a thickish magnifying glass. Unneccessary pressure can slow things down.
Having said that it is solid scenario
people buy what they love
Introduce feng shui & target like minded buyers, in one of my experiences I spent $5000 total on a master to come in & put simple improvement in. Targeted my asian buyers and got a wopping 45K extra. ( thought it was flook at first ), not so some few PROP’s later.
people buy what they love
Depends on many variables :
product/contract, neighbours, market interests ( type of building what it has to offer )
costs can be high = high tax deduction
can use this if one has other trusts/companies etc.. to help each other along.
Long term goal is prob the real winner here !
Back to original quote yack. personally I wouldn’t have plan to get to that situation, however one can also sproose up the joint. ie.. get feng shui master to do his/her stuff maybe then rent can be upped a bit. Definetly price will sore then one will be able to get in better sted for higher yeilds.
Sure the pace slows for a while, but the riches far exceed the IP factor.
I am the richest man on earth ! And I wouldn’t give it ( my family ) up for anything.
Lifestyle your choice is a simple one, go chase your dream of property ownership. Then choose one of your 100’s of tennants to be your partner ! [:0)]
The universe rearranges itself to accommodate your picture of reality.
Take those paradigms that surround you & stretch the bageezez out of them. [:0)]
Ow and as Westan wrote :
anything is possible
First thought that comes to mind, being a family man is :
You cannot stick a sibling in a share when they have come of age and need a start, but you can fit them comfortably in a house.
To handle yourself, use your head. To handle others, use your heart.
It’s to make you think about the questions , ” have I just made a rushed decision “, “am I TOTALLY comfortable with what I’ve just SIGNED” & my favourite : ” Gee I better read the contract IN FULL ” !!!
A person who aims at nothing has a target he can’t miss.
Look for opportunity & be the source.
I’ve no need to work, I am happy with what I have.
A few IP’s, an average shares portfolio & unlimited opportunities. [8D]
ps I’d put the lotus in the garage also, there paint jobs do not like the harsh elements 
I’ve heard that the next PBust ( when it happens ) will not be so time repairing, last one took 7 years previous one took 8 years. This next one will be 4 years tops, therefore preparing for damage control can be on the cards for IP owners.
I’m curious Simon, if you were to sell this bare land to a family member for say 50% less.
Does the same maths apply with you paying CGT, do they ATO use your selling price or is it council evaluated ?
PS thank for your help lately 
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