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  1. T

    Just realized I am a millionaire/ now what?

    Bianca, yes the miners et al are buying everything that smells of salt air from Bowen to Gladstone. Was speaking with a developer friend this arvo who was developing stuff in Yepoon last year. The blocks with views there have put on almost 200%. Regarding marina berths, I looked into them...
  2. T

    Just realized I am a millionaire/ now what?

    Todd, I agree with everything you say above, even the $700 a week yield on that house in Blackwater. Kathy Rehbein in Rocky mentioned it to me. THough the average is around $500 a week for a 3 bedder from my research. BTW, I was implying to Bianca the opportunities aren't in the buying of...
  3. T

    Just realized I am a millionaire/ now what?

    GP, I'll let BHP's chart for the last 12 months speak for itself. Have you ever read in property investment books that you should buy equity?
  4. T

    Just realized I am a millionaire/ now what?

    GreatPig, on average everything has been rising in value. And it's fine to hold that thought if an indiscrete entry strategy is compensated by time in the market.
  5. T

    Just realized I am a millionaire/ now what?

    Bianca, I'd agree with Pablo and Bill re liquidating something not earning cash. Seems to be the only logical choice to your immediate cash issues. Regarding other cash flow opportunities, I understand there is still a shortage, and likely to be firm demand for a decade, for low maintenance...
  6. T

    Just realized I am a millionaire/ now what?

    Amazing stuff Bianca. Would love to hear more about your business. Can't imagine how you have accumulated all that property without your accountant getting you up to gear on leverage and getting your holdings more evenly spread. Seems your shortfall is the thing requiring attention first...
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