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Nathan birch bought 20 properties on a pizza delivery boys...

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grindstone cowboy

21,887 Posts.

158

07/07/17

13:29

Post #: 25728270
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Originally posted by and31y ↑

All depends on your investment strategy. If you're using neutral or positively geared properties than 20 is achievable. If you have negatively geared properties than that is where people are going to start running into problems if there is a bust/interest rate hikes. 60% of people who are negative gearing earn $80,000 or less and these are the people that will have serious trouble if repayments go up. Doesn't mean that negative gearing is a bad idea you just have to do what works for your situation.

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Nathan birch bought 20 properties on a pizza delivery boys wages, if only everybody in oz bought 20 properties each.
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