Search results

  1. westminster

    Life advise....

    Once you have enough money to play in the deep end of the pool and complete a nice triple pike with a twist then sell off the ones that have floaties on them to survive. Some people won't like to do it this way but I think it's a valid strategy for starting up to use the money to get to...
  2. westminster

    Life advise....

    Tax is only going to make the amount less so I would keep them unless they are really big mistakes and sucking money out. Salary in offsets to get a good cash buffer for a development plus I'd get a LOC(s) at 80% of the equity (which is way better than 40-50% tax) to do a bigger/better...
  3. westminster

    Life advise....

    My concern at the moment that your past projects aren't cash flow positive even though you are doing small developments. So I think your area of learning/growing which I guess you have caught onto is better due diligence, less mistakes and aim ONLY for projects which are at least 20% profit...
Back
Top