Timeline, milestones.

Discussion in 'Investment Strategy' started by Steven Ryan, 21st Jul, 2015.

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  1. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Very consistent there, good job.
    I find our timeline to be very similar to yours for age, PPOR's and upgrades, Sydney IP's first then Brisbane Ip's after that.
    1st child is close too, but we stopped at 1....
    And we too aren't looking for any more resi property.
     
    Ace in the Hole, 26th Jul, 2015
    #61
  2. twobobsworth

    twobobsworth Well-Known Member

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    These things aren't always planned!:cool:
     
    twobobsworth, 26th Jul, 2015
    #62
  3. fols

    fols Well-Known Member

    Joined:
    19th Jun, 2015
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    737
    Location:
    Sydney
    2001- IP1
    2001- IP2
    2005- Married
    2007- PPOR
    2010- Major Reno PPOR
    2010- First Child
    2012- Second Child
    2013- IP3
    2013- IP4
    2013- IP5
    2013- IP6
    2014- IP7
    2014- IP8
    2014- IP9
    2014- IP10
    2015- IP11
    2015- IP12
    2015-IP13
    2015-IP14

    Hopefully more to come this year.
     
    fols, 26th Jul, 2015
    #63
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  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    Its amazing. How do people manage to keep buying and buying? Lower purchase price with higher yield is the only way I can think of that could be remotely possible...
     
    Gockie, 26th Jul, 2015
    #64
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  5. OC1

    OC1 Well-Known Member

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    Don't get sucked into believing the number of IP's is the be all and end all.
     
    OC1, 26th Jul, 2015
    #65
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  6. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Wow, 12 IP's in the last 2 years!
    What type of IPAre they?
    Especially after a long 12 year gap since the first 2 IP's.
    How many more do you want?
     
    Ace in the Hole, 26th Jul, 2015
    #66
  7. Tim86

    Tim86 Well-Known Member

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    Location:
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    1986 - Born
    2011 - Graduated from Uni
    2011 - Started Full Time Career
    2011- PPOR (Bris)
    2012 - Married
    2012- IP1 (Bris)
    2012- IP2 (Bris)
    2012- IP3 (Bris)
    2012, 2013, 2014, 2015 Renos
     
    Tim86, 26th Jul, 2015
    #67
  8. sash

    sash Well-Known Member

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    Gockie...you have to decent yield...but it is also the be all and end all. You also need solid capital gains...to put down more deposits. I would rate this as the balanced approach. The quality of the asset is also important.

    Having a good income and having an approach that reduces debt via structuring correctly with depreciation, offsets, and paying everything at the end of the month is also important.

    The people on this site who are worth $20m plus are mostly buy and hold types. Stuff they bought for $60k ...now worth $400k...stuff like that....

     
    sash, 26th Jul, 2015
    #68
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  9. sash

    sash Well-Known Member

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    Yep....less can be more...but it all depends on your strategy.

    As I said...CG is very important....

     
    sash, 26th Jul, 2015
    #69
  10. Samten

    Samten Well-Known Member

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    Damn .....sold my smoking jacket when I gave up smoking:) now drink twice as much Irish in front of the fire!!
     
    Samten, 26th Jul, 2015
    #70
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  11. fols

    fols Well-Known Member

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    Lots of equity built up over a long period, high incomes & cashflow positive purchases
     
    fols, 26th Jul, 2015
    #71
    sash likes this.
  12. sash

    sash Well-Known Member

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    Ditto...zee seclet to zuccess...ya:D!

     
    sash, 26th Jul, 2015
    #72
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  13. fols

    fols Well-Known Member

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    Mostly $300K CF+ in capital cities with good depreciation.

    Yep, the big break was spent building career, setting up PPOR and having family.

    Another 4 properties would see me well positioned to achieve my longer term goals. Hoping to do this in the back half of the year.
     
    fols, 26th Jul, 2015
    #73
  14. sash

    sash Well-Known Member

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    Ooii....get off my podium. ;)

    Noice....agree 100%..almost fool proof...and if you diversify across capitals it also brings good gains.

     
    sash, 26th Jul, 2015
    #74
    fols likes this.
  15. robbo2621

    robbo2621 Well-Known Member

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    Has the goal and looks like going full steam for it, impressive
     
    robbo2621, 26th Jul, 2015
    #75
  16. TheGreenLeaf

    TheGreenLeaf Well-Known Member

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    Location:
    Cambridge, UK
    1978 Born
    2003 Graduate
    2005 Arrive in Australia
    2007 IP1 (in home country)
    2011 PPOR (Melbourne)
    2012 Work assignement overseas (and still not back in Oz...)
    2012 Married
    2012 Child
    2014 IP2 (Regional VIC)
    2015 IP3 (Brisbane)

    Could buy more if I wanted as I have a good cash position but happy with current pace.
    Will see when I come back to Australia, which will help a bit as things are a bit less flexible when being a non-resident.
     
    TheGreenLeaf, 26th Jul, 2015
    #76
  17. Samten

    Samten Well-Known Member

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    So all the respondents here are pretty young ...compared to.Just wait until you have a marriage/relationship or 2 breakup and you walk away with nothing and then start again. Happens to 50% of marriages/relationships so beware!
     
    Samten, 26th Jul, 2015
    #77
  18. twobobsworth

    twobobsworth Well-Known Member

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    I don't understand the intent of your post.
     
    twobobsworth, 26th Jul, 2015
    #78
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  19. Tim86

    Tim86 Well-Known Member

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    Finances aren't all people should be investing in.

    The partner you choose to invest in is by far the most important choice. And the management and maintenance of that investment should always be a priority.
     
    Tim86, 26th Jul, 2015
    #79
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  20. Ben Wilkie

    Ben Wilkie Member

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    Location:
    Western Australia
    1987: born
    2011: engaged
    2013: baby boy
    married
    finished POOR
    2014: ip 1
    2015: ip 2
    2016: ???????
     
    Ben Wilkie, 26th Jul, 2015
    #80
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