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  1. L

    woke up a millionaire

    G'day Bill, Right on, Bill. Using the "long term average" of 10% per annum growth, this means values double (in $$ terms) roughly every 7 years !! So, using 15 years as a marker, your properties have quadrupled in value - but you still only owe the original debt. So, sell one for each...
  2. L

    woke up a millionaire

    Good point Brains - I also agree the statement is silly The way I see it is, "Who's talking accuracy?" As others have said, it's a milestone. One might also say "Who's talking SELLING?" Most of us agree that not selling, but borrowing on equity will work pretty good for us...
  3. L

    woke up a millionaire

    Hehe - onya Oscar !!!!! A night (or morning!!!) to remember !!! Well done, Regards,
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