@iamjameswrigley: Replying to @xFlushie the main problem with using property for retirement is the rental income tends to be quite low. #Money #Tax #Investing #Property #Retirement

James Wrigley
James Wrigley
Open In TikTok:
Region: AU
Monday 02 December 2024 08:42:08 GMT
125435
1386
175
284

Music

Download

Comments

bully.6666
Bully 666 :
easy...use super to purchase it ...then set up a self managed super fund classed as a business...working fine for me
2025-02-17 13:17:52
0
a4636534
1 :
The capital growth on those properties will outperform other assets by multiples. Also allows you to take on leverage. You’d still be better off.
2024-12-02 11:40:54
14
milenabellotti0
Milena Bellotti785 :
Being a landlord will age you rapidly. Gave mine up and am the happiest I have ever been. Stocks and shares don’t whinge.
2024-12-04 02:02:55
29
hilly0750
hilly :
Like
2025-01-17 01:13:30
0
kahleia.birdiepro
Kahleia :
wow, I retired years ago living off 4 rentals. rent goes up. now in the process of building my 5, which will be paid off in 15 years.but within 2-3 yrs. then it's income producing forever
2024-12-28 22:48:23
6
galron74
galron74 :
Need to comment on commercial property vs residential property. Parameters are different
2025-02-03 07:34:46
0
aussie_mac
Aussie-Mac :
Not sure I agree on this one. Investment properties can be cash cows & be passed on to the kids. Guaranteed income with known expenses can also mean a good sleep which is worth more than any %% return on riskier investments for anxious folk
2024-12-02 16:57:19
3
eiden_armstrong
#mahsaamini :
If income from investment is low doesn't that mean pension is high?
2024-12-02 09:00:30
3
missll73
Miss LL :
So what other ways can we generate better income if we sell the properties? What do you suggest would give us better cashflow? Please
2025-01-05 12:56:15
0
muddagi
Muddagi :
85 to 122 a week is my costs for rental house, maintenance is 135 per week allocated. Usually 7 year rotation on maintenance. They rent for 665 & 730. Better than a pension plus capital growth.
2024-12-18 09:36:12
1
kiwizorba
Kiwizorba :
Can’t you be eligible for a part pension to cover it
2024-12-02 09:14:00
3
roweman74
Michael Rowe :
Hi James, you are 100% spot on, on the verge of this decision right now
2025-01-06 03:54:12
1
wigglesbigredcar
BIG RED :
crypto
2025-01-01 07:09:03
1
user32458790w
user7734402864491 :
It's a good stable cash flow. For many, you'd expect they have at least also pension and social security on top of the rental income.
2025-01-04 18:01:36
1
tvman67
user8714907049741 :
You will have capital growth when you sell the property at some point
2024-12-02 09:56:21
1
user4661937674840
Tex :
Yeah the returns on investment properties are a lot less than people realise and also a lot more stressful
2024-12-03 02:55:30
0
extravagangsta
Extravagangsta :
What if your strategy is to purchase as many properties as you can to enjoy the capital growth over a decade or so and then as you get closer to retirement, sell and distribute the profits?
2024-12-02 09:17:20
3
vardric
Vardric :
What investment do you recommend, if it’s not a house?
2025-01-21 13:51:49
0
melnorberry
Mel Norberry 🇦🇺 :
How many do you need to be able to rely on it in retirement?
2024-12-02 09:07:32
2
droats
Akita :
Property isn’t the right play as much as it was. Most properties are hugely overpriced compared to the income
2024-12-02 11:15:16
25
lexluther155
lexluther155 :
Going through this now.. Looking at buying a couple of investment properties, but doing our sums, not the cash cow we thought it might be
2024-12-02 10:46:45
9
sam_eida
Sam-Eida :
the best is to sell the investment property and use the money. that is what investment is for, to use it in retirement.
2024-12-02 14:38:03
2
jamesmb1
James :
Landlords pass all of this on to the renter, I've seen 8 bed student houses charging 850 per person per month bills not included
2024-12-04 05:21:29
2
riskygiraffe
Risky Giraffe :
Yep I plan to sell mine come retirement. My inlaws bought IPs right before retirement (against my advice) and had to sell them a couple of years into retirement as they had no money to live on.
2024-12-04 08:15:08
0
To see more videos from user @iamjameswrigley, please go to the Tikwm homepage.

Other Videos


About