Search results

  1. geoffw

    $100,000/pa Passive Income...

    That is not what is being recommended. That's just your take on it. Blocks of units could go well towards the goal. I once had nine under one title. They were excellent for cashflow and growth. We only sold as we needed finance for our business.
  2. geoffw

    $100,000/pa Passive Income...

    It seems right. I used some conservative figures- 6% yield instead of the 7% used previously, to allow for stamp duty and PM. 7% is achievable, but not normal. But my point is that $6M of borrowing is not necessary for income- it does come into effect much more though for growth. There's not...
  3. geoffw

    $100,000/pa Passive Income...

    If you started today with $1M cash, and borrowed $1.5M at 5.5%, and got 6% yield, you would be getting $67,500 pa. You would additionally get growth on the property value and rent.
  4. geoffw

    $100,000/pa Passive Income...

    I've had superb capital gains from cashflow negative. These financed the business. I've had them a while now. What was negative does come positive at some stage.
  5. geoffw

    $100,000/pa Passive Income...

    First things first. Pictures of all presenters. Each of them with a red Ferrari. On topic. $100,000 income is an arbitrary figure. The amount required would vary enormously. I've never early anything near that. My daughter has spent 17 months travelling South America on $20k. She is...
Back
Top