How many IP's do you have?
- Thread starter crc_error
- Start date
So someone who owns 3 x 100k properties would be considered further along the path than someone who owns 2 x 500k properties?
Alex
downsizing and putting all my eggs into a new home about 180m from the beach on west side of Marmion.
when i can smash the mortgage down (only at 65% LVR) further, i will look to invest into inner city apartments.
property is certainly appealing at these interest rate levels.
when i can smash the mortgage down (only at 65% LVR) further, i will look to invest into inner city apartments.
property is certainly appealing at these interest rate levels.
This poll is meaningless.
Why not make one for $$ values of IPs held (though Im sure there is an old poll on here which does this).
Considering the wide variance of values for each IP (as stated above) I'd think many x small $ IPs are no better than fewer x larger $ IPs - if the total $$ are the same.
Why not make one for $$ values of IPs held (though Im sure there is an old poll on here which does this).
Considering the wide variance of values for each IP (as stated above) I'd think many x small $ IPs are no better than fewer x larger $ IPs - if the total $$ are the same.
.....or you might have 30 IP's valued at $10mil each......mmmmmm.....yum..
Yeah! I wish.
one could argue having a $$$ value is also meaningless, as you could have 1 PPOR worth $2 million and 1 IP worth $1 million, it doesn't mean they are good investments.. lower priced IP's would be better than 1 large priced IP.
I wonder if Peter Spann voted in the 200+ option!
.....yeah, I wonder
...and I wonder who the other two are ??
The stats thus far are so removed from the natural progression of things it's laughable. Nothing to speak of right up the top end, but miraculously there are at least 3 folks apparently with well over 200 IPs.
I've been on this forum a few months now, and haven't conversed with anyone.....not even a peep, with that many. I recall MarkC was in the process of developing quite a few, but that's all.
crc_error : you may be being told a few porkies here. What do you intend doing with the anonymous unverified smattering of numbers ??
its all just fun... I don't really plan to use the information for anything else other than some entertainment.
I certainly would not want to be in the position to be managing 200+ properties!! You would be certainly better placed having some of that wealth spread into commercial property and shares, not all in residential properties.
It is interesting. In everything you read they are always telling you the percentages for people owning 1 investment to more than 5.
I have wondered -
1. Because of the increased awareness of the benefits in investing in property, and
2. Because of the increasing lack of positive/"cheap" properties,
whether the percentages were still the same.
I agree; a cheapie can outperform an expensive IP regularly - they're just not as sexy as the expensive IP to a lot of folk.
The real stat to be impressed about is NETT WORTH.
There are always people controlling large numbers of IP's, but what is the LVR and the cashflow?
plus its easier to get a extra $20 a week on a $200 a week IP, rather than a extra $200 a week on a $2000 a week IP.
I would say people with many IP's would need a low LVR of 50%
Oh I don't know Skater......the single IP owners are adding up.........
depends how you look at it I suppose.
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