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  1. K

    Living off Equity - is this still an option?

    ++++++++++++++++++++++++++++++++++++++++++++== Dear Pete, 1. Well said. I am very happy for you. My personal congratulations to you, please. 2. You have indeed reached Abraham Maslow stage of self-actualisation" to a large extent. and I think that you are now proceeding further to...
  2. K

    Living off Equity - is this still an option?

    **************************** Dear Pete, 1. I find this statement familiar. I think it was said by Brad Sugars as well. 2. Perhaps, you may want to read up more on Brad Sugars and find out how bored he was when he first retires below the age of 30, after achieving his financial freedom...
  3. K

    Living off Equity - is this still an option?

    ***************************************8 Dear Pete, 1. I've not sure whether you really and seriously mean exactly what you said here, word for word... 2. 2 years ago, I once know of one local Australian developer and his wife who is known to have a combined property asset portfolio of...
  4. K

    Living off Equity - is this still an option?

    Dear Beech, 1. What are your figures like? What are your internal safeguards when you goes LOE? I am starting small first in order to try out my own business system. Are you doing that too? 2. When I LOE, I am actually to leverage my time in property investing. In this way, I will have...
  5. K

    Living off Equity - is this still an option?

    Dear Beech, 1. I am building 2 new houses this year. My expected profit margin is about A$75,000 per house. 2. Rockingham suburb is still in a fast rising market. Last 12 months growth averages about 26.5%p.a while the last 5 years average growth = 16.6%p.a 3. I'm quite happy with the...
  6. K

    Living off Equity - is this still an option?

    Dear Darren, 1. I'm trying to convert my passion in real estate property investing into a commercial business model in the near future. 2. I am presently using my Australian real estate development company to create another wealth channel by buying vacant lands to build for sale at a...
  7. K

    Living off Equity - is this still an option?

    ***************************************************** Dear Panic, 1. I think that you've missed my basic point. 2. Technically speaking, we do not really need to have a real higher rental income cashflow stream to repay the monthly interest loan repayment/outgoing expenses. This is...
  8. K

    Living off Equity - is this still an option?

    Dear Panic, 1. What exactly do you have in mind in LOE? 2. As far as I am concerned, as a full-time property investor with no regular income since 2003, I am in effect living off my equity and using the excess equity to further invest in the Australian property market with zero money...
  9. K

    Living off Equity - is this still an option?

    ************************************************ Dear Panic, 1. I am a bit concerned about your own conclusion about living off the equity:- " i.e. just buy lots of property and wait for it to double." 2. I think that you have missed some of the basic fundamental points about living off...
  10. K

    Living off Equity - is this still an option?

    Dear Panic, 1. For me, nothing has changed at all, fundamentally speaking, despite the various thread on this topic discussion. 2. I am still officially living off my equity as a full time property investor despite not having attained the desired financially free status as yet. Neither...
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