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Hi Markp Nope, It was not a trick just a simple question. The trick is getting from 1mil equity to 3mil but that is up to the reader to work out for themselves. There have been a number of structures and strategies discussed in this and other threads with varying degrees of effort and risk...

Hi Monopoly Thankyou for your background post. It obiously has inspired others :) Now I believe I understand why you hold such conservative views on investing. Kind regards Simon

Monopoly You said have been living off equity for some years now. Can you enlighten the readers of this forum with an overview of the strategies and structures you used to reach your current status(LOE)? It is only fair that you put up too just as Pete, I and others have done in this thread...

Who exactly are you refering to with your above comments? Simon

Hi Housekeeper Julie here (not Simon) - just want to ad my two bobs worth. These risks you have listed are all valid but in fact relate to all property investors whether or not they are LOE. Regards Julie Audentes Fortuna Juvat

Hi Bill The risks are that "you might go broke!" And there are one hundred and one ways for that to happen. Simplistic! Sorry SeeChange I presume that you Bill are aiming your questions toward others like Steve and Alan who are useing multiple investment strategies to enable LOE but havn't...

Hi See change IMHO, Anyone who is prepared to invest should also be responsible for their own decisions. I would never suggest that anyone take on something that they are not feeling confident in accepting consequences of their actions. As for my opinions being judged by you as simplistic and...

Hi See change and Monopoly "It Depends" Off cause it depends on al lot of things. Lets all jump on to the merry go round for another spin around in circles. It has all been said before but at least we now have people now contributing to this thread who have done it or can do it at any...

Hi Simon and Monopoly So does that mean you would settle for the LVR of 50% of the 2mil asset base? :) Isn't the alternative strength of the 10mil asset base with a 3mill equity ratio comfort enough especialy when previous equity grabs are still liquid in offset accounts. I could quite easily...

Amen brother Pete :)

That is why I keep harping on about the importance of keeping your LVR balanced. Let me ask this question. Is it better to have a LVR of 50% on 2mil or an LVR of 70% on 10mil? I know which one I want. Kind regards Simon Ps Great stuff Pete

Hi Keith J So it looks like it must be you, me and the two Reno Kings and Kevin young(investors club)who are the only ones I know who are living off the "fat of the land"(Property that is). Anyone else? Kind regards Simon

Hi All The above examples of taking equity from property to use in other asset classis is an interesting and obviously lively discussion . However, this is a property investment forum isn't it? My question is. Is it possible to live off equity only from property investing? I know it is...

Hi Guys "Cashflow +ve is King". I reckon that is only part of the strategy. "Capital growth is King and cashflow is the Queen".(does that sound sexist?) keeping the balance is the key. Kind regards Simon

Hi Sea Change I am a little confused by your statement :confused: Yes I agree with your term investing off equity would sit well with what I am currently doing. However, if I were to stop work today and not buy another property ever, then would I be Retiring off equity? The reality is that...

Hi all I have decided that LOE for me at present stands for Leaning On Equity. While I still continue to grow my property portfolio this will remain the case. Technically I am living off the income received from my property portfolio. If I were to stop work today I would still be living off...

Hi bill I consider, riding a push bike for 25k's as hard work or working out at the gym as hard work or learning and continuing to play a musical instrument. Aren't those activities looked upon by some as pleasurable? I believe it is all in the eye of the beholder. So if you reckon it's hard...

Hi mark I suggest that you read up some of our previous posts. This is starting to sound like a broken record to me. No malice intended I am just tired of going around in circles. Kind regards simon

Hi KJ Yes I do still work(play) at renos because I have found a magic formula that has increased our asset base significantly. However, because of the way we have strategised and grown our portfolio we do not have to do anymore renos if we wanted to quit tomorrow. We just love doing it. :)...

Hi Ausprop I agree that healthy debate is good so I would like to reestablish clarification or defianition of terms so this debate may continue succesfully. I for one have become confused as to what we are debating. Is living off equity that and nothing more? If so how is that any different...