Recent content by flightcrank

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    How much have you spent on property education?

    yeah true. has nothing to do with it.
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    My Story 10+ Properties by 30 yo

    Cool story ! kinda reads a bit like an add tho ?
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    How much debt do you have?

    slow and steady wins the race !
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    How much debt do you have?

    who knows, plenty of options tho. Its a good position to be in.
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    How much debt do you have?

    This much sooo close.
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    What is your networth per year of adulthood?

    some people may also be doing net worth as a couple. which may give inflated values.
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    What is your networth per year of adulthood?

    14k per year for me. really pretty happy with that so far. I know its only going to go up form here !
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    How long did it take you to save for your first property?

    about 10 years for me. but saved a large 144k deposit.
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    The next 10 years: Prediction of the market

    Exactly, its how the economy works. If you want that dream house then you gotta work your way up.
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    Diversification Vs Repeat what you are good at

    Diversification is having your assets in different class's like property, shares ect. Most of us all have super as well as property so we're all diversified a little bit. In property investment you could also look at Diversification as. more than one IP. (wealth is split between more than...
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    The next 10 years: Prediction of the market

    How do you like being taxed on those savings ? should at least park them in blue chip franked div shares if you don't want property.
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    The next 10 years: Prediction of the market

    Im gen-Y too saved this in 7 years on 30k - 40k income. with only 3 or so years @ 7% intrest In 2009-10, 21% of households owned property other than their own home, up from 19% in 2003-04. thats not to bad. It wont all be resi property either. pretty easy to under stand the cycle...
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    The next 10 years: Prediction of the market

    All the genYs have to do is cut out the iphones/internet/laptop/bali holidays/new cars and they will be all set to afford a deposit just like the prev generations did without.
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    What is your net cashflow from investment properties?

    i know, that why i said it just looks like it based on the figs given to run off.
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    What is your net cashflow from investment properties?

    most people dont look to -ve geared which is intresting.
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