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bowser1

1,718 Posts.

206

07/08/22

20:30

Post #: 62972793
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Originally posted by takingprofits: ↑

I say that's a good call,

never be an owner occupier, everything is working against you.

property price $1,000,000.00
stamp duty $ 60,000.00
total $1,060,000.00

or invest in WAM which is 12% return

equals $127,000.00 PA

spend $40,000 on rent{which is owned by a family member).

live on $87,000 or maybe save some of that and buy a rental property for a family member to live in.

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What is WAM?
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