Quote:
Originally Posted by Unregistered
Wow, that's amazing. How did your wealth rise 6x? Did you sell any of your properties away? How much is your passive income now?
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After retiring, focus on investing in equities. Got lucky with one stock, and plough proceeds into RE. Now, own four properties including primary residence. Passive income from RE is about $12,000 per month. About $6,500 from equities.
In response to the other poster - net worth is defined as total asset less owner-occupied. Owner-occupied has no debt and is worth about $1.6 mil.