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    How do people buy dozens of house yet on the same wage

    G'day JB and Jo Yeah and see that was the origional point . I read everywhere of even on fairly good incomes people getting stumped at the 3 or 4 mark and this is what I don't get with the on going purchases from there. JB has the equity , CP properties paying for themselves and according to...
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    How do people buy dozens of house yet on the same wage

    Sounds like our tune Rumpled. We have a mixed bag ourselves right now and one v/expensive loan on the side, they can be a killer. I may pay it out in a few mths if I sell another one I'm in the middle of deciding what to do with right now, so we're putting up with it while waiting on that...
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    How do people buy dozens of house yet on the same wage

    Actually I wouldn't know what a square looked like to be honest but not to say there is anything at all wrong with the conservative approach. Most people seem to just accumulate slowly, conservatively, sticking within typical order and they do accumulate no doubt about that one . It's amazing...
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    How do people buy dozens of house yet on the same wage

    Ahh Rump I thought you were already set for life , nice to know I'm not the only one with more to do. But what you've said - " IF " we could repeat ! I've formed the opinion lately and I'll admit my strategies flowed about a bit but if I looked for this type of thing alone and dug up even just...
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    How do people buy dozens of house yet on the same wage

    These properties are everywhere that's for sure but some areas are harder to find than others aren't they. I missed a ripper 2 mths ago , basically just labor needed , very little cash plus old sheds full of everything you would need anyway and also chocked full of quality timbers you'd sell...
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    How do people buy dozens of house yet on the same wage

    G'day Kristine. First , a bloody good scotch, then I'd sue the accountant and solicitor that did the paperwork- kiddin. No I probably would actually because I asked them about those angles. I don't have a mortgage on that one , maybe that and my situations got allot to do with it but no these...
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    How do people buy dozens of house yet on the same wage

    Hi Kathryn Yeah I can appreciate what Kristine is saying but also in your reasoning. I've recently just sold one of mine on V/T , it works out really well for both of us and I get a pile more dollars over time to that would normally just go into the banks pocket . Buying myself , I haven't...
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    How do people buy dozens of house yet on the same wage

    Don't the gurus all preach this 50 or 100 in a few years stuff , no I definately don't want that many but what's that then just pure working of small amounts of equity into the next and next then and the lender ok'ing it on that or ? I mean your not gonna have much cash in the kitty are you...
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    How do people buy dozens of house yet on the same wage

    Yeah spot on , that's the main key in my strategy and it's going well I'm happy to say even though I only have the coin for cheapy regional stuff. This next one would catapult things nicely , bank can do but it max's us out and we're still looking for our own place so it's a touch tricky. Bank...
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    How do people buy dozens of house yet on the same wage

    Thanks again people there's some good stuff in here I need to come back to and ponder properly - after I get my ride on going ! Bloody thing - grass everywhere - 2 snakes and it decides to get a fuel block , at least I think thats what it is. I'm about as mechanical as a house brick . Cheers
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    How do people buy dozens of house yet on the same wage

    Thanks Jason. Or should I say it's not quite as good as it sounds because some are just blocks I've also accumulated and working on now but they'll pay one day and there's also some future blocks and units amongst it to come with divisions later that I don't really count. Real estates a pretty...
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    How do people buy dozens of house yet on the same wage

    Yeah thanks BD and to other replies, very helpfull . I think it's time for a good Vic property interested accountant. There's allot here I read that have done those numbers but I can never figure how they get past 3 or 4 which is where I'm at . Not being greedy but there's a 5 , 6 and 7...
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    How do people buy dozens of house yet on the same wage

    Thanks once again Property , always appreciated and I see your point. Cheers
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    How do people buy dozens of house yet on the same wage

    How do people buy dozens of properties yet still have the same job and wage? I realize of course partly in using equity as the springboard and repeating but. Doesn't the fact that they are still on the same wage as they were when they bought their first one say 2 or 3 yrs earlier and now might...
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