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Reply: 3.1.2 From: Michael Croft Spot on! Property is boring! It's slow and obvious and makes people very wealthy but just not in a spectacular or exciting way. If you you want excitement trade options and futures; better yet import illicit substances or open a house of ill repute! OK...

It's how you look at life Reply: 2 From: Michael Croft And another thing, it's all how you look at life - your rental return at year twenty is 13.76% on your purchase price. If you borrowed 80% it's a 26% return on your outlay at year one and 68% at year twenty. And that's without renos...

Reply: 1 From: Michael Croft Hi, Do you really care at year 20 with 1.8M worth of equity in just one property? I know I don't ;-) The other thing is that with a reno you get a small boost to cap gain and a larger boost to rental rental returns. I would have done 3 renos in the twenty...