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  1. B

    Young investors

    Plans have change slightly from 18 but for the better. Now married (2.5 years) have a 7 month old (today) little girl. I could go buy another property today but with starting a family and changing incomes down to one (temp, mat leave). I didn't want to take the risk. However in the next...
  2. B

    Young investors

    I had 30k at 18, earnt 400 pw working McDonalds and spent $100 ($50 for fuel when I could drive or buses and $50 for spending) Do that for 2.5 years and you have $39,000, I did buy other stuff with the approx. $9k like TV or something. Eat maccas at work so no food expenses (if I did it was...
  3. B

    Young investors

    Reason why I started early too. However imagine in another 10 years from then! he would have 1.1M compared to maybe 300k (as the others had to save a deposit + cost during that time) and that is without him doing anything else except maybe repairs.
  4. B

    Young investors

    I say good on him and well done. People who write the neg comments are the same ones who will be saying property prices cannot increase again. I read one comment that made me laugh that in 5-10 years what if the interest rate increase. Well in 5-10 years the rent would increase which would...
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