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Stick around op. I know we didn't get off to the best start..but you will learn more here than from any one "guru".

They leave crumbs in your portfolio? No but seriously Trail = trailing income. Usually about 0.15% pa of the loans balance paid from the lenders margin.

It appears we have been talking about different things.

It was just to give an indication of how long you have been in the market and when you started investing. I could also add time between each purchase.

I'd be happy to buy you a beer. Well done. Just one question how long since you bought 1st and second properties?

Are we taking $150K properties or more realistic priced ones like average $350K. It is not possible to accumulate $7mil worth of property in a short period on $70K pa with an already high gearing level / limited equity. Good luck to you though happy to be proven wrong. Use me a fuel.

Just read you other post. It wont be feasible to acquire 20 with $70K payg income. The buffers in place within lenders servicing models will make it impossible even if you find positive geared properties.

I don't have any clients with 20. I do have 7 odd with between 10 and 15. I was wondering about your position. 20 properties is a lot and a few questions any brokers will have for you. 1) How many properties do you have now. PPR & IP details. 2) How quickly do you want to get to 20. 3)...