Recent content by Old Dog

The possibility of LOE has more to do with actual net worth than LVR. If Jerry has only one property value say $800,000 and a loan of $400,000 then his equity (net worth) in this property is $400,000 with an LVR of 50%, but would be unwise to try to live off the gains . However, if he has...

Financial Planner or Property Investment Advisor Visiting a financial planner to discuss Property Investment is a almost complete waste of time for a couple of reasons. First is that they cannot make any money from selling you one, so why would they advise you to buy one. As pointed out...

Npv Hi Tess, Thanks for your input. Petal made that enquiry for me, and it is the discount rate. I have tried 3 different formulas and two financial calculators, but I must be missing something, as I keep gettig a different answer

I Rarely get involved in any of these discussions, but I just have to comment on this, I generally keep out of what all the others are doing or saying, and certainly do not get any of my useable information from the general media and reports from one off self opinionated associate professors'. I...

I lived in Sydney and Melbourne during the 60s and 70s, and the outer suburbs were closer, but I bet there is more infrastrucure and facilities available now in Frankston or Penrith than there was in the CBD in the 70s. I think it is peoples expectations that have changed, not the ability to...

If the Agent thought that the tenants could or would buy the house, they should have approached you to get a signed listing (authority to sell), and in that document you would have agreed on a commision. Without it, they have no legal claim to any commission. Now that they have pulled this...