Domain (Fairfax): The Gen Y couple from Sydney making $300,000 a year with 28 investment properties

Discussion in 'Property Experts' started by Paul@PAS, 27th Mar, 2017.

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  1. ms sweet

    ms sweet Member

    Joined:
    10th Feb, 2016
    Posts:
    10
    Location:
    Central Tablelands NSW
    Are the multi purchases the top listed purchase price, the strata added and reval? It looks like they added negative equity rather than deducted. Or were vals done after equity pulled out?
     
  2. Scott O'Neill

    Scott O'Neill Active Member

    Joined:
    3rd Jun, 2016
    Posts:
    42
    Location:
    Sydney
    Yes - we strata titled these properties. If you add the total value of the units there is a strong equity gain in each instance.
     
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  3. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
  4. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    You will find it is a section of the people there who have no work by choice.

    Many places they seem to want people, albeit they are not major company exec type jobs.
     
    Phil_22 likes this.