Recently I've been flitting between a couple of books, one of which being "From 0 to 130 Properties in 3.5 Years" by Steve McKnight. Throughout the book, Steve details how he went from 0 to 130 properties by utilising cash and cashflow. He explains what to avoid and what to go for when looking at investment properties. A relly good book and a great listen on Kindle in the car during your lon journeys. A fifth of the way into the book in chapter 5, "The truth about creating wealth", Steve started the first paragraph with:
"Could you live on $335.95 a week ? That’s what the Commonwealth Government currently provides single aged pensioners , and from it housing, living and other expenses must be paid."