[Bill Douglas]

I don't know what's going to happen in the future but it's been good so far for me. It beats the hell out of working with computers. My GF and I have 9 places, mainly beachfront, and I spend my time doing new bathrooms, painting outsides, plastering and painting indoors, putting in french doors and decks. It's a great life and the places are nearly paid off. The secret was to move the equity from a cheap place into a bigger better more expensive place that had a proportionally higher rent coming in. So nothing actually made any money but the dept/equity ratio was such that the rent payed the mortgage. And enough for petrol and booze for me. And the equity increase has been amazing. One property going up 15% per year is a bit of money, but 9 going up 15% a year is lots.