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I don't compare my portfolio to the magazines, I refine my strategy by learning from myself and people around me. A friend made $300-400k in the last 6 months from 1 small subdivision, hardly any real investment experience prior. Just made a few phone calls to get the paperwork through...

I used bank valuations. Not market value in my calcs. My granny flat wasn't included in the profit. Nor in the cost to build it as banks don't count it. Essentially that is bank val on the original property unchanged. Point being. In the right market you can do much better with less...

Actually not that great. If you wana record it the way he did it above... Mine's about $278,500 profit in 3 years on 3 properties. No inheritance. Started with money saved from working at Subway in Dec 2011 (I was spending all the money I made in my professional job at that point in my...