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  1. skater

    Lower Income investing

    Why would you find it intriguing? I think it's more acceptable, in fact almost expected, in society, that a high income earner invests. I too, think it is inspiring for someone, however successful they become, to start & grow something from humble beginnings. It's taking what you've got...
  2. skater

    Lower Income investing

    This is not an affordability crisis! It's a reality crisis! Get real, problem solved!
  3. skater

    Lower Income investing

    I have to agree with you on this too. You often hear throw away lines about increasing your income, as if it was an easy thing to do. Look for another job, one that pays better?.....yeah, sure. You are an admin assistant, checkout operator, working in retail or any one of thousands of low...
  4. skater

    Lower Income investing

    :o LOL! Thankyou! Although I don't really think I'm all that special. :o
  5. skater

    Lower Income investing

    But it is not futile if you do it right. If you look for deals that don't cost you anything! And don't forget, that many people don't have the means to increase their income. Telling people to go increase their income is a slap in the face. It says, "you're not as good as me, because I'm...
  6. skater

    Lower Income investing

    I, too, remember Steve McNight & his 11 second solution. It was exactly what we were doing, before he started sprouting it everywhere. Difference was that he had a lot of money behind him, so could buy up vast amounts of these properties, and of course, wrap many of them too. We, on the...
  7. skater

    Lower Income investing

    Firstly, I never said it was EASY to get ahead on a low income, but it IS possible. Secondly, you don't HAVE to buy something in Liverpool or Fairfield. I don't have anything in either suburbs, but do have a substantial portfolio. Thirdly, the market moves all the time. While it might be...
  8. skater

    Lower Income investing

    Agreed! We were never 'normal'. We were always trying 'something' to get ahead. Businesses that failed, etc. Then we bought our first IP. We were making around the same $ as the dole at the time between us. The banks all said 'NO', until we found one that said yes. We made our...
  9. skater

    Lower Income investing

    I agree, however decided to vote as, even though we are currently on well over $50k, when we started we were well under the average income, yet still had IP's.
  10. skater

    Lower Income investing

    Not sure if you want me to vote or not. I am only on part-time wages, so well under $50k, however Hubby is working & earning more. When we first started out, we were on a combined income of $25k. This was about 11 years ago. We were self employed & had low incomes for quite a while. I...
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