Hiya peeps,
Good day to you all. This is GC, back on Somersoft forum.
Some of you might remember me & some of you were not even born then
naah, just kiddin. Have not been a major major contributor here, but have managed to learn some and give back some to this awesome community. Btw I don't rake up 'number of posts' statistics by one liners either ;-)
My investment story which started in 2007 is that I have managed to accumulate 26 properties till date.
13 in Australia (NSW, QLD, VIC) and 13 in US (Atlanta).
All CF positive (touchwood). No big techniques used either, just a normal invest, wait, revalue, invest type thingy.
I still work at my 9 to 5 day-job and have started enjoying it now.
Surprise surprise!
Retirement was my plan when I started investing as I hated going into work, but I guess when you know you can leave any time you just continue to chip away and stay there I guess!
(Cash-flow security from rent = Job-satisfaction = higher productivity = Higher Titles at my office = Delay my exit)
Experiences abound and happily Investing still. Always sniping at the next big deal. Always looking to make the next deal better than the previous one.(note - it does not read "looking to make more money!", which it does any ways as a by-product!)
My next move is a 3-4m transaction in Aus. Maybe a Unit-block or several single family homes (SFRs as they call in US)
Sydney/Melbourne - 11 O'Clock I believe, a few more good stories and then the papers will be littered with 'shattered dreams' as many first home buyers will not be able to afford the mortgage at these prices and we will see higher foreclosures.
I am looking at suburbs at the 6 O'clock mark.
Markets which ave not risen beyond 3% year-on-year over the last 5 years. Any suggestions?
Thanks,
Good day to you all. This is GC, back on Somersoft forum.
Some of you might remember me & some of you were not even born then
naah, just kiddin. Have not been a major major contributor here, but have managed to learn some and give back some to this awesome community. Btw I don't rake up 'number of posts' statistics by one liners either ;-)
My investment story which started in 2007 is that I have managed to accumulate 26 properties till date.
13 in Australia (NSW, QLD, VIC) and 13 in US (Atlanta).
All CF positive (touchwood). No big techniques used either, just a normal invest, wait, revalue, invest type thingy.
I still work at my 9 to 5 day-job and have started enjoying it now.
Surprise surprise!
Retirement was my plan when I started investing as I hated going into work, but I guess when you know you can leave any time you just continue to chip away and stay there I guess!
(Cash-flow security from rent = Job-satisfaction = higher productivity = Higher Titles at my office = Delay my exit)
Experiences abound and happily Investing still. Always sniping at the next big deal. Always looking to make the next deal better than the previous one.(note - it does not read "looking to make more money!", which it does any ways as a by-product!)
My next move is a 3-4m transaction in Aus. Maybe a Unit-block or several single family homes (SFRs as they call in US)
Sydney/Melbourne - 11 O'Clock I believe, a few more good stories and then the papers will be littered with 'shattered dreams' as many first home buyers will not be able to afford the mortgage at these prices and we will see higher foreclosures.
I am looking at suburbs at the 6 O'clock mark.
Markets which ave not risen beyond 3% year-on-year over the last 5 years. Any suggestions?
Thanks,