Hi All,
Great posts so far guys and girls! Just purchased two properties today! Both in SA, one for 145K and the other for 162K. Both on 800m2 + and should see excellent growth potential!
Happy hunting.
Hello from Melbourne Australia,
PPOR: 300k bought for 90k 20 years ago.
1st: 400k bought for 70k 15 years ago, 250pw rental
2nd: 400k bought for 135k 10 years ago, 280pw rental
3th: 620k bought 4 weeks ago, will be settled in 1 month; 1085pw rental until oct next year when it will be come PPOR
4th: 275 bought 2 days ago, will be settled in 2 months; 250pw rental upon settlement.LVR ~ 43%.
I expect to reduce the LVR to about 35% next year, and then double the portfolio in the next 5 years, to double again in the next 5 years after that. Then I plan to retire – no need to be greedy :-p
wealth4life.com wrote:Hey Devo76 or should i say … no not at the moment,Any way you grubby disgusting little man or who ever you are CRAP on you … why are you on this site attacking people for achieving their goals … I/we have been investing for over 25 years how about you big boy or are you a dreamer still living with mummy … go away we don't need people like you here and if you want the challenge I can prove my assets but lets have a wager first if you're man enough …
D
lol wow lesson to be learnt here-when in internet land all standing around beating your internet chests about who has got the biggest ……portfolio…… do not dare doubt anyones answer hahaahha short fuse anyone? I always find internet fights amusing-its like arguing with the tooth fairy
Good going Wealth-sure is impressive!! SO how about giving us all a run down on how you went about achieving this-a blow by blow or mort enept property by property detail?
BTW I have more than you-do I win?
It was a misunderstanding. Thanks for bringing it up again. Ha Ha Ha. But i would also be interested in hearing a bit of a break down of how you did it.
Me too!
Hi Blogs ha ha … prove it … it's not the number it's the nett value eg; 30 properties x 100k each = 3mill or 30 properties 300k = 9mill.
It also depends on Cashflow and finance structuring which we r just going through again with citibank who have been good to us.
My finanial answer is i don't care what other people own or should i say how many i own – i have been taught to focus on my goals and my financial targets which get adjusted on a weekly basis as you should know.
I know we are in the top 5% easily and am grateful for being so lucky and fortunate in a lucky country – except for the tall poppy people, so i pick up my new sexy c200 mercedes in September, i reacon lifes good, so good luck to you and keep buying.
D
Im 25 so im just a newbie:
*1 PPOR – Bought $325K Inner west suburbs – bought 2 months ago(Value would be much higher now since no new townhouses going under 350K in Melbournes inner west
*1 IP – Bought 175K in Feb07 – Valued 190-200K in surfers paradiseHi Nucopia,
You have a good pos cash flow portfolio there! Good work.Property 1. Home paid $142k valued $350k owe $118k (originally paid $80k but did extension)
Property 2. Cairns paid $80k, valued $140k get $150 per week rent
Property 3 Kalgoorlie paid $136k, valued $230k get $270 per week rent
Property 4 Deception bay paid $180k valued $220k get $190 per week (about to put it up!)
Property 5 George Town, Tas paid $145k, just settling now, get $175 per weekam about to start to look for a pos cash flow property to balance out any negatives we have. Am also working on reducing home loan debt!! I hate looking at it!! Have found a new strategy I am working on.
wealth4life.com wrote:Hi Blogs ha ha … prove it … it's not the number it's the nett value eg; 30 properties x 100k each = 3mill or 30 properties 300k = 9mill.It also depends on Cashflow and finance structuring which we r just going through again with citibank who have been good to us.
My finanial answer is i don't care what other people own or should i say how many i own – i have been taught to focus on my goals and my financial targets which get adjusted on a weekly basis as you should know.
I know we are in the top 5% easily and am grateful for being so lucky and fortunate in a lucky country – except for the tall poppy people, so i pick up my new sexy c200 mercedes in September, i reacon lifes good, so good luck to you and keep buying.
D
lol so which one applies to you? Do you have 37 $100k properties or 37 $300k properties? And mate a CL200??? Urgghhhhh sexy and CL200 should never be used in the same sentence lol, how ablout a CL55 AMG?? Yeahhhh baby!!!! Anyway well done, you certainlyhave done well-so do you care to explain how you have gone about your journey form property number 1? And BTW you caught me out-I was including blocks of land
1 ppor owned 380,000
1ip value 360,000 owe 210,000
1ip value 340,000 owe 180,000
1ip value 340,000 owe 250,000
1ip value 330,000 owe 180,000all in northern nsw (newcastle, port macquarie areas)
always looking for the next one
1 ppor value 200,000 owe 167,000
will turn this into a rental and buy a new ppor 2008/2009
Hello Bloggs,
1. No it's a C200 avongarde black with grey latest model all the extras 50% cash & 50% lease for tax … the cl55 would be for my hubby but he's too miserable until he turns 50 or thats what he said.
2. Our net worth … more than 300k each as an average … thats all i'll say as it's private.
3. How do we do it … check out my web site address
D
1 PPOR £2,000,000 1971
2 £2,500,000 Owe £472,000 1991
3 £2,000,000 1998
4 £1,500,000 1977
5 £800,000 1984
6 £635,000 1986
7 £620,000 Owe £336,000 2005
8 £250,000 1997
9 £150,000 1995
10 £130,000 2001
11 £80,000 1989Which part of the UK are they talullah ?
Richard Taylor | Australia's leading private lender
ppor value $550,000 loan $65,000
ip1 value $600,000 loan $205,000 rent $275/week
ip2 value $190,000 loan $95,000 rent $105/wk
ip3 value $240,000 loan $195,000 rent $240/wk
1st 2 ip's bought for growth, 3rd property bought for cashflow.
frog
Mostly central London and Surrey
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