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  1. Bill.L

    woke up a millionaire

    Hi all, Les, on that inflation vs "real" return, many miss the point that your loans don't go up by inflation, just the value of the asset does. So when you sell something 20 years later, you can pay off a lot of old loans with deflated dollars. A period like the early 70's saw massive...
  2. Bill.L

    woke up a millionaire

    Hi all, I have actually been proved correct. Well about another thread, that was talking about how to think like a millionaire. All I said was to ask those on this forum as there were quite a few here.:D We are also in the "club", which isn't a bad effort for being the black sheep of...
  3. Bill.L

    woke up a millionaire

    Hi all, Brains, Sell 1/10 of a property to a niece/nephew/child, who wants to get into IPs but is on the lower end of the earning scale. Have legal contract,register with titles office etc. Do same every year for 10 years. Relatives ability to borrow increases with equity growth(both CG...
  4. Bill.L

    woke up a millionaire

    Hi all, Brains, "you cant sell 1/10th of a house to buy a new car or go OS," thinking laterally, Why not??? It would be legal, It may be difficult, but it's not impossible. There may even be some tax advantages. bye
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