https://www.macrobusiness.com.au/2018/1 ... kets-100k/
What can you say ?
Had to post this Australian property article
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dualstow
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Re: Had to post this Australian property article
Crazy. That’s like US$220K to start. Where did a 23-yr-old get that kind of money? From his last mowing job? 
No money in our jackets and our jeans are torn/
your hands are cold but your lips are warm _ . /
your hands are cold but your lips are warm _ . /
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Kriegsspiel
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Re: Had to post this Australian property article
lol. strayans be crazy.
Aussie-uming real estate fees are about 6%, or 26,340, which would leave him with about the profit he said he made, 102,660, and his 77,500 plus whatever principal payments he made.
It's safe to bet he bought the land with a mortgage ("get the deposit together" quote from second article; I guess 'deposit' means 'down payment' Down Under). So if his deposit/down payment was, say, 25% (A$ 77,500) and his take was 439,000-310,000= 129,000.second link wrote:Anthony Dart, 23, made more than $101,000 profit after selling a plot of land
Aussie-uming real estate fees are about 6%, or 26,340, which would leave him with about the profit he said he made, 102,660, and his 77,500 plus whatever principal payments he made.