I've made a few billion, and only come on here for something to do.
Nah; seriously - there are a few here who like to talk telephone numbers and subliminal brag - so don't expect too much truth from this poll.
Having said that; I can tell you that I started investing way too late - in 2001 and 40 years old, and had at that stage a PPoR worth about $320k - fully paid off.
By around 2008 - and I started a thread on it to crow about the result - we hit $1mill in equity. For some; it's a good result. For others; small change.
http://somersoft.com/forums/showthread.php?t=43812
Since then, have had to sell off most of the portfolio, and bought a business with a chunk of the equity - which is going crap currently and hindering my wealth creation aspirations by a hundred percent. Stiff shidd; my fault and I'm an idiot.
However; had a meeting last night with our FB (haven't touched base for 3 years) and revisited all the loans' structures and ascertained probable equity/LVR.
A new loan restucture should save us at least $10k in interest per year.
Without adding in the business value (probably zero) the property equity is still up near the $800k mark.
So, considering we've sold off lots, stuffed up lots; the position since 2008 is reasonable, and it looks as though I can go shopping again for another investment or two later this year..
Won't know for sure until official Bank valuations come back; the properties haven't been valued since the PPoR was at frame stage of build (2010), no pool etc. Now, it's completely finished with full landscaping, curtains/blinds/furniture and so forth.
In real terms we have gone backwards of course, but there are plenty of folks out there in Aus who would be happy to be us, I'm sure.
So, there ya go; no telephone numbers, and no BS.
The other thing to keep in mind when folks post their results is their income. We have done ours on only average incomes.
So; it's relative; nowadays loads of folks on this site earn well over the six figure income level, and when you are at that level, making a million or more in a few years is a piece of cake.