Why did that old lady come to the property seminar if she is netting 2m p.a.??
Same reason we were there.
The same reason why probably 3/4 of the huge room was there.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Why did that old lady come to the property seminar if she is netting 2m p.a.??
Same reason we were there.
The same reason why probably 3/4 of the huge room was there.
This subject has come up many times before.
My reply from many years ago is copied below ;
-----
Why did that old lady come to the property seminar if she is netting 2m p.a.??
Care to share how many properties you own, their value, your LVR, your cash buffer and your income?
Do tell, don't be a douche
Ya never know when or where you might pick up some info that might come in handy.
I find a bit strange for an old lady with that sort of wealth coming to a seminar.
Could she have been looking for a beneficiary, an ambitious new comer to pass her wealth
YUK !
I just answer with "a few"
'The bank owns them'
The elderly lady would not have known much about property management nor investing as all her wealth was inherited from her deceased husband. So a property seminar would have been relevant for her to learn how to manage and develop her portfolio.
Turns out, the widow was left by her husband with not only the matrimonial home, but two large unencumbered office blocks in the middle of the Brisbane CBD, worth over 15m, generating clear nett rents of nearly 2m p.a.
That's pretty funny.
There's a widow I know who was left many shops and buildings in the CBD and when I asked her why she lets her son manage the real estate rather than get a real estate agent to save the hassle, she said it was because her 40 year old son told her that real estate agents charge 30% of the rent as agent fees.
Seems nobody has thought that this little old lady may have actively helped her husband achieve the matrimonial home and the two large unencumbered office blocks. Everybody seems to assume she was "given" these when her husband died.
Seems nobody has thought that this little old lady may have actively helped her husband achieve the matrimonial home and the two large unencumbered office blocks. Everybody seems to assume she was "given" these when her husband died. Perhaps she just sat around having facials her whole married life and did nothing to contribute :roll eyes:.