Last weekend, Julie & I flew to Brisbane to check out the latest property purchase, which just happens to be 2 Hilltop Chalets in a complex managed by the Golden Door Health Resort. It’s way up in the hills opposite Dream World, on the way to the Gold Coast. Not only does it provide a 10% return on investment, but it also includes one week at the resort for two people each year, per chalet. So that’s a $10,000 holiday thrown in for good measure. I will just have to convince that giving up her caffeine, & alcohol for 2 weeks is actually a good thing.
We also arranged a visit to the home office & manufacturing site of Swagman Motorhomes, where we were able to take our time looking at some of their offerings. Mmmm, very nice, but also very expensive. The base price for a small-ish one is around AUD600,000. But hey, if you have a $3M portfolio that is growing exponentially & a debt that is either static or linear, then all you have to do to have that sort of cash available is to sit back & wait for a while. After all, the $3m will be $6M in 10 years. Which is why we have accelerated the investment program over the last couple of years. I have had enough of working & I want out.
