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What about if you're on a couple hundred k passive income. Would that income be treated any different to "earned" income?

To break the cash flow down more realistically, what other factors should be allowed for? Management fees - 7% - $10,500 Insurances, council, water , guess $7000 maintenance - guess $1000 average over the years. Stamp duty and other purchase costs (135k) interest of $7,500 other...

Thanks. I figure that this is made more possible in recent times due to low interest rates. If someone were starting today with 1.5 mil cash, could they buy 7.5 mil of resi property (since we are generally talking resi), and get those type of returns? Also, have to factor in stamp duty...

Could you break the figures down for that? I can understand that you could get close to 100k passive if you owned 1.5 mil of property outright yielding 7.5% However, how could this work at cash flow neutral?

Forget about the number of properties. Forget about the value of the properties. When your income exceeds expenses by 100k, without having to do any work, that's your 100k passive income. Unless you have extremely high yielding properties, you will likely have to have a decent amount of...

Isn't it easier to work it out approximately by calculating the equity? i.e. 6 investment properties at a value of $3,125,000 and a debt of $2,172,500 gives you 1 mil worth of play money. Which I'd assume would be close to 50k income.

Mostly because we have contributed funds to bring LVR down to moderate levels. So, not because of high yielding properties.

Thanks so much. There's been a very long period of delayed gratification, but seems to be paying off now. Finally feel like we got tickets to ride the steep end of the exponential curve.

Unfortunately none have doubled. Bought 2 about 5 years ago and the rest have only been accumulated in the past 3 years. The property we bought 13 years ago was our PPOR, then it took us 8 years to build income levels up to be able to start investing properly. So portfolio has only grown in...

We are working on this goal right now of 100k passive income. Have passed the 10 year period by 3 years to qualify for 10 properties in 10 years, but will have 14 in a couple of months time. Once we do a bit of refinancing, we'll be at the 80k passive level, so still a little way to go. We...