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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    Thanks....they are spread out across 5 states..... I don't manage the properties....I only get involved when the agents are not doing their jobs. I am far to busy to micro manage....and I am not anxious...you can't otherwise you will not manage to grow such a portfolio. I only have 19...
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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    China....have you seen the Nike add....just do it! Focus on researching markets - i.e. Terry Ryder, APM, lots around. The decide on a place which meets your budget. The simply buy one...and then do it again and again. Once you do one..two...three..it gets easier. Oh....I never used buyers...
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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    Did oyu know if you have 100k net on retirement you would be in the top 0.5% of all retirees? Also this on the assumption that you are starting from scratch...but if you did and you were a 30 year old you will probably hit $20m with a net worth of $12-14m by 50 years of age. Remember that...
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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    Spot on! From my perspective if you follow the below...you can build a $3-5m portfolio over 10 years and $7-10m portfolio over 20 years. Even if you did not pay down the loans..you should have about 50% equity. Like you said sell down whe you don't have much of an income. Super can be the...
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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    Maybe...very few people hang in for 10-20yrs to build real wealth. Lot of stories on this site of people who destroy wealth by selling down as they tinker or get impatient. Would much prefer to read about someone who went from 1,2,4,8, 16million in property and with an LVR of 50% or...
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    What are some of the "exaggerated stories" you've heard from investors/magazines??

    The thing I read about contantly is people who have 2,3 even $4m portfolios....but when you look at their LVR it is usually 80%+.....very little room to move. The other thing I read is $800k CF...where they are predominately exposed to more volatile assets - i.e. mining towns or regional...
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