Onya Rob, you're a great man.
So when's the book coming out?
So when's the book coming out?
$2m in 22 months - Rob's story ..
- Thread starter Rob Williams
- Start date
How come everyone wants to know about the ex? I'm sure she'd be flattered by the attention.
My youngest daughter showed her my photo in YIP mag when I was in there for the Investor of the Year award. The only comment she made was that I looked like I "had a stick up my ar$e". I guess that sums up her feelings.
I don't think we were very aligned in terms of goals etc
My youngest daughter showed her my photo in YIP mag when I was in there for the Investor of the Year award. The only comment she made was that I looked like I "had a stick up my ar$e". I guess that sums up her feelings.
I don't think we were very aligned in terms of goals etc
At the moment, it's cash flow -ve to the tune of about $1900 per month. At this stage, I'm riding out my fixed loans as breaking them will improve my cash flow enormously, but erodes the equity I will need if I buy another IP.
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Truly inspirational
Well done!
Well done!
Sour Grapes
Yeah, I'll bet she was pursing her lips with "bitterness" tasing those sour grapes.
All out, outlandish and audacious success is the sweetest revenge
You may want to treat yourself and get that "Big Hat" once your "cattle" reach 10 in number as you've indicated is your next milestone......whatever that big hat may be for you.
How come everyone wants to know about the ex? I'm sure she'd be flattered by the attention.
My youngest daughter showed her my photo in YIP mag when I was in there for the Investor of the Year award. The only comment she made was that I looked like I "had a stick up my ar$e". I guess that sums up her feelings.
I don't think we were very aligned in terms of goals etc
Yeah, I'll bet she was pursing her lips with "bitterness" tasing those sour grapes.
All out, outlandish and audacious success is the sweetest revenge
You may want to treat yourself and get that "Big Hat" once your "cattle" reach 10 in number as you've indicated is your next milestone......whatever that big hat may be for you.
Well done on getting out there and doing it.
I knew you were -ve, but $1900mth is'nt exactly what I'd call comfort zone.
That's avg $271 -ve x IP.
No wonder your such a tight A$$ lol.
I do hope to 2mil becomes equity.
I knew you were -ve, but $1900mth is'nt exactly what I'd call comfort zone.
That's avg $271 -ve x IP.
No wonder your such a tight A$$ lol.
I do hope to 2mil becomes equity.
Good post, and congrats Rob!!
As somebody said earlier, whats so great about $2m debt.
Then I read that in 22 months he produced 500k equity, and the entire portfolio is only -1900 per month -ve. Thats not much over 1% of the entire portfolio.
You should be very proud Rob.... Awesome achievement.
Whether it takes 3, 5, or 10 years, in the not-so-distant future your hard work will be very well rewarded (even more than it has been already).
By the way, is the 1900 pcm before tax or after tax (inc depreciation)?
As somebody said earlier, whats so great about $2m debt.
Then I read that in 22 months he produced 500k equity, and the entire portfolio is only -1900 per month -ve. Thats not much over 1% of the entire portfolio.
You should be very proud Rob.... Awesome achievement.
Whether it takes 3, 5, or 10 years, in the not-so-distant future your hard work will be very well rewarded (even more than it has been already).
By the way, is the 1900 pcm before tax or after tax (inc depreciation)?
Well..to some one paying $4k per month, $1900 could be seen as sheer chicken feed.
It all comes down to one's perception based on each individuals circumstances & bench marks.
Thanks. Sometimes I feel like I haven't progressed in net worth, but U have to keep reminding myself how much $$$ I fork out to the state govt each time I buy. At around $12,500 or more each time, that adds up to a chunk of change over the last 6 properties. Time and compounding will sort that out, though. Just got to be patient. I do patience So well
The $1900 pcm comes out of my net pay each month, but my net pay is increased by around $1,000 from the effect of the ITWV. However, I understate depreciation to give myself a buffer and this usually results in a nice refund each July.
Brilliant 1000th post, Rob. You should rightly feel proud of yourself. Thanks for sharing your journey; and count me in for a free ticket to the book launch party!
I'l put you down for the DVD and CD set, too. They are valued at $3,000, but I'm offering a special for today only at $349!!
I'd run a seminar but what I've done is SO boring, I don't think people will be able to stay awake.
You may want to treat yourself and get that "Big Hat" once your "cattle" reach 10 in number as you've indicated is your next milestone......whatever that big hat may be for you.
I've been saying Big Hat No Cattle all day. Can't get it out of my head. Love it!
I need to regroup and focus on what I want. I've really no clue. Let me think on it ...
You're quite right, it works out to $271 per IP per month. BUT, $1,000 of that comes straight from the ATO, so I only really fork out $900 per month from my actual salary. I pay more that that in child support and school fees, like Rixter says, it's all relative.
It's not like it's real money, anyway. Has anyone ever actually seen a big pile of $100 bills being handed over on settlement day? It's all just zeros and one's on a computer disk somewhere. It's virtual/digital money. Nothing to be afraid of
