It's always good to cast a critical eye over one's portfolio. I've come to realise my PPOR growth has far outstripped any IP growth... next IP I'm going to be much pickier about buying something that I would possibly want to live in too. For equity calculation purposes can I include it in my general property portfolio though?
Using the same method, including PPOR my Sydney/Central coast portfolio has conservatively appreciated $500k in 5 years on 4 places.
No inheritance either. Started with money saved from working in retail as a uni student ($12/hr), and tutoring (which paid thankfully better than retail)
And I'm not an aggressive investor either. So if this is what a mediocre effort can do... I'll take it...
Actually not that great.
If you wana record it the way he did it above... Mine's about $278,500 profit in 3 years on 3 properties.
Using the same method, including PPOR my Sydney/Central coast portfolio has conservatively appreciated $500k in 5 years on 4 places.
No inheritance either. Started with money saved from working in retail as a uni student ($12/hr), and tutoring (which paid thankfully better than retail)
And I'm not an aggressive investor either. So if this is what a mediocre effort can do... I'll take it...