Ignorance is bliss?
I've seen a lot of developments being done out west where the numbers DID NOT STACK UP if you calculated it properly.
Sometimes just sticking your fingers in your ears and singing out loud helps you move ahead with... 'investing'.
Precisely. The properties I purchased on face value were 5-6%. Afterwards I MANUFACTURED a better yield and higher equity. Using many techniques I learnt here on Somersoft.
Properties now range from 8-10% on total costs spent. However since I purchase on 80% LVR and paid stamp duty and other...
