Originally Posted by
thegreatestben
Good effort!
I think Dobby is onto it, we all get there in different ways.
I'm asset rich, cash poor. I turned down 1.2m for my house (developer offer) which is a little over 330% gain from buying it in 2012.
We're starting our subdivision/development of the property this week, the valuations as complete came in yesterday at 2.75m for the three (stand alone) properties it's to become.
The new homes are being retained as rentals, we'll continue to occupy this one until we figure out what we want to do next.
Never been a landlord before so should be interesting...
Am I a millionaire if it's assets? :laugh: