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so what are the other investments? shares? or prehaps direct business? you seem to have stopped and not progressing to ip 10?

so you dont believe in houses Rob?

what are the units worth Rob?

I cant complain though, this IP I have has increased in value $80k in 2 years, and I managed to pay down $50k in the same time. Good result I say. But I'm reviewing if I should purchase another IP, or if I should increase my share portfolio. Shares are good, as I get dividends from them...

I did have equity in the IP's, which I could have refinanced and used to cover the shortfall, how ever I didn't understand back then I could use this to fund negative gearing shortfall. So yes, looking back now, I could have quite easily held through the high interest rate period. Today I...

so basically your using equity release funds to fund your negative gearing shortfall? so really your not to concerned where rates go.

so if the $1900 is at a low interest rate, how much was your 'loss' prior to the rate reduction cycle? What is your plan should rates go back to up 8%? as this shortfall could quite easily double or triple. This is where I got caught in 2005. back in 2003 I had 3 IP's, costing me virtually...

$1900? thats a big chunk from your pay packet each month! I would assume you have most of your portfolio fixed? Otherwise its then you would not be able to sleep :cool: Do you capitalise any interest?

can I ask a question, what is your cost of holding this portfolio per month? Has this dropped much since you started?

Thanks for the update Rob! You have done well!!!

Is Rob the next Peter Spann? Somehow I doubt Peter has the same success to share over the last 22 months :) sometimes keeping simple rather than complex strategy's is the way to go, this is one thing I have learned..

{edit} sorry missed the - there, thought you were positive :)

well rob, just looks like a typical bitter B%^&$ Its great you have been able to move on, and achieve so much in such a short period of time... in the next 10 years, you will be laughing!

Well done Rob! great story and I'm excited to hear of your success! Well done! :D As a previous post asked, has there been any comments from your ex? does she know of this success?