Is your owner-occupied property your pure financial asset?

Discussion in 'Share Investing Strategies, Theories & Education' started by Kirk, 16th Jul, 2019.

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Is your owner-occupied property your pure financial asset?

Poll closed 23rd Jul, 2019.

  1. Yes

    5 vote(s)
    14.7%

  2. Not

    29 vote(s)
    85.3%
Page 2 of 2
  1. Marg4000

    Marg4000 Well-Known Member

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    18th Jun, 2015
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    6,421
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    Qld
    Then why aren’t they free?
    Marg
     
    Marg4000, 21st Jul, 2019
    #21
  2. SatayKing

    SatayKing Well-Known Member

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    Extended Sabatical
    No idea. I assume there is the cost of the venue to be covered and other expenses. I wouldn't assume the gentleman makes a heap of money, if any, out of doing it.
     
    SatayKing, 21st Jul, 2019
    #22
    mdk and oddshapes like this.
  3. dranzer

    dranzer Member

    Joined:
    28th Sep, 2018
    Posts:
    23
    Location:
    Sydney, Australia
    I remember Thornhill saying the only reason he owns his home is there are no long-term residential leases in Australia. He doesn't even own his cars.
     
    dranzer, 21st Jul, 2019
    #23
  4. oddshapes

    oddshapes Well-Known Member

    Joined:
    15th Oct, 2018
    Posts:
    101
    Location:
    Australia
    He's offering a free one on the Gold Coast soon if your interested.
     
    oddshapes, 21st Jul, 2019
    #24
  5. mdk

    mdk Well-Known Member

    Joined:
    3rd Apr, 2017
    Posts:
    52
    Location:
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    When I attended a couple of years ago the organizer told us Peter was speaking for free.

    The cost to attend i’m guessing was to pay for the hotel room hire, the great buffet lunch and morning and afternoon tea they provide.
     
    mdk, 21st Jul, 2019
    #25
  6. Kirk

    Kirk New Member

    Joined:
    14th Jun, 2019
    Posts:
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    Location:
    Carlingford
    Very good!
     
    Kirk, 22nd Jul, 2019
    #26
    Zenith Chaos likes this.
  7. Zenith Chaos

    Zenith Chaos Well-Known Member

    Joined:
    10th Jul, 2015
    Posts:
    1,678
    Location:
    Sydney
    .....and their MER.
     
    Zenith Chaos, 27th Jul, 2019
    #27
  8. Willy

    Willy Well-Known Member

    Joined:
    12th Sep, 2017
    Posts:
    285
    Location:
    NSW
    I subdivided my PPOR twice which left me with a fully paid off PPOR and a fully paid off investment property in under 10 years.

    Try doing that as a tenant.

    Willy
     
    Willy, 5th Aug, 2019
    #28
    Terry_w and Angel like this.
  9. Kirk

    Kirk New Member

    Joined:
    14th Jun, 2019
    Posts:
    3
    Location:
    Carlingford
    Amazing!
     
    Kirk, 5th Aug, 2019
    #29
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