Hi All
I’ve been a member on here for some time but never been one for posting…
Open question which I know is hard to answer- How many people on here are now full time investors, how long did it take, is it through residential, commercial or both?
We have a couple of residential properties but want to move into commercial with an end goal of replacing my income from a job and doing this full time.
Appreciate any feedback and input from all.
CheersDepends what you mean by full time investor? Most people who generate passive income from property generally consider that retired more than anything. There are those who also flip property full time (not very common long term in Australia due to it delivering poor returns after taxes, costs etc, and also full time developers which are a lot more common.
There’s a general trend that those who finally do ‘make it’ generally disappear off forums like this as they would rather be spending their time doing what they like, than talking about property! ;)
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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