Select quotes from the Limerick Landlords Whatsapp Group.
- 50498
- Landlords in Ireland are selling because most don’t understand the difference between cashflow and profit. – Michael H.
- About life in Ireland, Depends who you are. If you’re retired with a house paid up, it’s great. If you’re wanting to work, rent and save to buy a house it sucks .
- You could tell someone to turn off the light, but then they end up falling down the stairs. {Aoife Gaffney – irish independent article]
- Ben: Toilet paper and other things you would have bought anyway are great investments. Stock up on things that are on offer.
- Ben: Keep borrowing until the Bank says no
- The general path to FIRE is to save 50 to 70 percent of your income, work at least two jobs in different time zones,borrow to the max,invest those savings in property,solar panels, high fees investment trusts, and retire in roughly ten years.Never, ever, ever buy Index funds outside your pension!
- Frenk : Rent in Ireland is 20-30% more than comparable properties in Europe.
- Frenk: The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income.
- Tory Scumbag : The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left
- Frenk: If you want to be financially free, you need to become a different person than you are today and let go of whatever has held you back in the past.
- Frenk To obtain financial freedom, one must be either a business owner, an investor or both, generating passive income, particularly on a monthly basis.
- Dave G – buy low sell high
- Ben – Housing pisses all over the stock market
- Dave- Since WW2 hard work no longer pays, sign your name and sit down and get your breath back
- Frenk – [when talking about landlords selling] What are they going to do? Pay a load of tax and buy more overprice stocks or real estate?
- Michael H – I wish I had more real estate and less in my pension
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