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That's the critical difference right there. There's no way in the world I'd be buying an IP on 4% yield when finance is at 8% (or more now). This is "capital city" mentality. Look outside the cities and you'll see better options; and with decent cap growth, but you have to research the...

The trick is to buy IP's that are either pos geared (good luck in today's climate), or cashflow positive after tax. Your holding costs suggest that the IP's were bought with a significant neg cashflow. That's not what everybody does; it's certainly not what we've done. The last thing we want is...

You could get to an LVR of this level after a few years of decent cap growth, and/or some debt reduction. The serviceability won't necessarily have changed; it may have improved through some rent increases, and the portfolio can still be negative, provided the the overall spending (LOE) of...

As LOE involves using some of the value of your portfolio for living expenses, or to fund the shortfall between rents, holding costs and loan interest, by way of a loan from your portfolio, you are adding to the debt. Therefore, you need to make sure that the debt you are adding to the...

Excellent work Rixter!

Originally Posted by L.AAussie On point 2, yeah right.......give it all away. After we have milked millions of punters worldwide and built our lifstyles up to where they currently are, then we'll donate something to charity **************** Dear L.AAussie, Just like Bill Gates and...

sounds good to me.

That's getting a bit too deep Kenneth. You need to drink more beer - like me. Point 3 reminded me of the latest "Brittany" news; This chick SPENDS $700k per month, on pretty much nothing of consequence except her house mortgages ($50k p/m) and she is fast becoming a trainwreck. It never...