Stretch Target of $20m gross by 2022

Discussion in 'Investment Strategy' started by sash, 4th Jan, 2017.

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  1. Jasper

    Jasper Well-Known Member

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    Unfortunately, I don't have time for any type of reno. And I don't live in a capital city to be hands on. Young family too (no time, want to keep stress low). That's why I'm choosing the other option.
     
  2. sash

    sash Well-Known Member

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    Wow....if Brisbane..Adelaide...Geelong....Outer Melbourne keep going and Perth picks up in 2020...I might just get there...issue is I am selling a few.....absolutely gobmacked by how quickly things are now moving in Outer Melbourne, Geelong, Brisbane now.......Adelaide is chugging along kind of like Brissie in the last 2 years...
     
  3. Jasper

    Jasper Well-Known Member

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    Sash,

    Do you estimate what your portfolio is worth on your new buys or do you get a valuation to know? I'm trying to learn how to estimate my small portfolio (like when do I know I've got enough equity to buy again)
     
  4. Beano

    Beano Well-Known Member

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    For residential the bank will tell you.
    For commercial you have to pay for a bank approved valuer to assess the value
     
  5. Seby643

    Seby643 Well-Known Member

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    Whats your process for buying properties interstate? Are you using buyers agent or are you actually taking time (annual leave) to travel interstate to visit and sign contracts ect..?
     
  6. sash

    sash Well-Known Member

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    i like to get on the ground usually over 2-3 days
     
  7. TangibleGoodwill

    TangibleGoodwill Well-Known Member

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    Hey Sash do you have Killing Investment Demons or kids for short?