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Read another interesting story today in YIP Magazine about a couple who turned $100,000 into a profitable $11M Property Portfolio over the last ten years There was also an earlier article located for the couple listed on RP Data in 2007 showing they were at $7M at that point in thier journey

Not sure TC :confused: Add-Backs would be interesting, such as depreciation, tax rebates etc, YIP does not have the full story (mag's never do) Last purchase was at MAY 2009, it may even be an older story and the overall picture may be different Purchases are at 80% and Quyen has talked...

There's always Option 2 :D? I agree with JIT, the devil is in the details, we can always learn something from anothers journey, hence the popularity of those threads like Brenda's, Keiths, Rob's, Nathans etc

5.6 M is a pretty great accomplishment in that time frame, especially with Quyen's additional comments. I'm a big believer in the size of the asset when you throw compounding into the mix 10% return on $1,000,000 = $100,000.oo Whereas 100% return on $100,000 = $100,000.oo Great to...

Interesting story in the latest YIP Magazine about a property investor who went from living in rental accommodation, without even enough money to pay for his wedding, to owning a portfolio of 12 properties worth $5.6 M The financial strategy/ability still alludes me though