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  1. M

    All eggs in one basket (IP's in same area)

    Warren Buffet once said... Keep all your eggs in one basket, but watch the basket closely
  2. M

    Buy, reno, hold, get some money out - can someone put some real life $s on this.

    Hey Dissin sorry mate I am not selling any they are too hard to get in the first place. I did sell one to pay off my PPOR so I have no non deductable debt but that is the first and only one I will be selling for now. Cheers Rick
  3. M

    Buy, reno, hold, get some money out - can someone put some real life $s on this.

    Thanks Rob I too have no consumer debt, live on the cheap and have a significant amound of equity but cashflow still seems to severely limit my ability to acquire new IP's. Cashflow is King!! Cheers Rick
  4. M

    Buy, reno, hold, get some money out - can someone put some real life $s on this.

    Hi Rob If you have a loan of 200k @ 7% IO plus running costs I work out your about $80 a week short after the end of the FY assuming 30% tax. How do you fund this difference? Do you use the equity (56k) you withdrew? I find the challenge is not aquiring some equity but being able to...
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