"Reply To Steve, Geoff et al. (Long)"
Reply: 2.2.1.3
From: Mike .
Hi Michael,
Steve has multiplied that $50pw over 50 times in 2 years. That's a yearly rental yield of $65,000. You would need 4 IPs @ $325,000 @5% return to produce the same amount. Who can afford to buy 4 IPs @ $325,000 in 1...