Hello im overwhelmed! :)

Discussion in 'Introductions' started by Procrastin8, 24th Dec, 2019.

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  1. Leeroy93

    Leeroy93 Well-Known Member

    Joined:
    26th Jan, 2017
    Posts:
    181
    Location:
    Brisbane
    Everything seemed far more complex until I built out my team. Attending property developer events/meetups, hearing peoples stories made it real and inspired me to believe what was achievable. Everyone has a different path and will be inspired to take action by various triggers. For me, I just absorbed as much as I could and focused on strategies that resonated with my interests, risk appetite and capability. Nothing however has incentivised and accelerated my progression than throwing money on the table, building my team and getting stuck in. I've since narrowed my focus, built up and leveraged my team to do better on subsequent projects.
     
    Leeroy93, 30th Dec, 2019
    #41
    ellejay and Sackie like this.
  2. kierank

    kierank Well-Known Member

    Joined:
    20th Jan, 2016
    Posts:
    8,415
    Location:
    Gold Coast
    The first one is the hardest to buy and to keep.

    If one has one IP and it becomes vacant, one has lost 100% of one’s rental income.

    If one has say ten IPs and one becomes vacant, one has lost 10% of one’s rental income (assuming the ten bring in similar rent).
     
    kierank, 30th Dec, 2019
    #42
    See Change and skater like this.
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