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I think, Peter, due to our ignorance. The only way must of us know how to profit from real estate investing is by taking on debt and gaining from the leveraged "buy and hold" portfolio. I understand a bolder, lucrative approach is to undertake developments where, really, no equity need be put...

I must disagree. I am certain that there are new investors who will achieve that target. I wonder on what basis you think it is IMPOSSIBLE? regards,

Mark C posted a photo at the time. Car is a few years old - 1989 model 328 GTS. I've driven it heaps and immensely enjoying ownership. Plenty of club events, track days and trips. Last month was a week long trip around Tassie! Sunday was a club drive around Perth. Friday was the first track day...

Hi Trom, It is possible in three years. For me, it took <4 years - calculated with bank valuations - & I also had realised my dream of a Ferrari. Now, a year and a half later, the net equity is a few times as much. The booming WA market made it possible. Still, even without that, I'm sure...