How much property is enough for you?
Has anybody already got enough?
Has anybody already got enough?
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How much property is enough for you?
Has anybody already got enough?
How much property is enough for you?
Has anybody already got enough?
I was mostly referring to resi property accumulation to hold long term in these questions.
We have 13 now and a lot of debt, but they don't cost us any cashflow to hold.
If they were paid off they'd be returning 400k at current rents.
I don't see any point in selling any to pay down debt as we don't need the higher cash flow and it would restrict future capital growth by holding less assets.
So it seems like this is enough for us as far as resi goes, just hold and wait, which unfortunately is not very exciting at all.
I have stopped. I might be the odd one out on the forum. Used to want to have 10, had 3, now 2 and i think it will be enough for us with having passive income from rental, share, super in the future. But i will be working for as long as i still feel satisfied and challenged. I would have liked more money less stress but usually risk vs reward, and our priorities have changed too.
Great topic to discuss.
Ta
Anne
I might be the odd one out on the forum.
But Anh - your 2 are a bit different, aren't they??!