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  1. RumpledElf

    Living off equity for the long term ?

    Same with ours in the last 18 months, the two that will be rented will be at 20% yield and the new house will be worth over double the build cost when it is finished. Which does help, since we're caught down in lo-doc 60% land and all this doubling or tripling of values just scrapes us in over...
  2. RumpledElf

    Living off equity for the long term ?

    Mmmm. Our shortish-term goal is to have as many expenses as possible covered by passive income - mainly rent - to keep us alive while we concentrate on business activity. Said business should payback $lots per year eventually and then we can move to the Bahamas. Property is kind of a slow way to...
  3. RumpledElf

    Living off equity for the long term ?

    I don't see how living off equity can possibly work unless you actually use that equity to get income from - in which case its a bit more than just equity. I have wads of the E word and it is quite the struggle to access it. We're still one house off having rent pay for *all* property related...
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