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“like even i myself own all my properties in sydney outright”you...

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Bunn-Wackett

24,926 Posts.

1421

21/12/22

10:02

Post #: 65395233
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Originally posted by Z7Z7: ↑

its a touchy topic, like even i myself own all my properties in sydney outright, so this inflation isnt a factor for me, sure ill lose a couple mill in capital growth but who cares (its only undoing some 0 time anyways).

but you bet your ass ima jack up the rent and get the max for what people are offering/take the highest person willing to overcut the next cause theyve decided to save more and think ahead, like rn im up almost 300k on rent alone for the acquisitions in the past 4 years for those putting 12 months rent ahead.. ofc ima not say no to that (some say thats unfair but lifes not all sunshine and rainbows)

butttt in saying that, im atleast proud of myself not having to evict someone to having to sell a property cause i need more capital or its 'time to sell' so my tenants are happy to pay the premium for a secure home instead of being like all these other get rich quick nerds who leverage up and risk themselves and an innocent family.

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“like even i myself own all my properties in sydney outright”

you yourself appear to be another hero!
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