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Sounds like you've had a very bad run with, or know someone who has had a very bad run with a restaurant, there GR? Thanks for the heads up, but you're talking to the king of risk averse here. Also, we are not looking at running just a "mom and pop" cafe like the type you see for sale in...

Nailed it in one RPI.

Hi ArJay, sorry I haven't replied earlier - I didn't see your question. I was just reading GR's post a few below yours and found his comments great. The business we are buying is a restaurant/snack bar/bistro/take away/wedding reception venue. Only open for lunches and dinners, and...

The rent covers more than the loans these days (debt reduction for the last 3 years plus rental increases) and the earned income work is now not full time (thankfully). PPoR and cars are all paid for long ago, and no other debt. With continuing rent increases as have occurred in recent years...

Generally, well located anything in the middle and closer-in suburbs won't return a decent rent return (by my standards) due to the steady growth attached to well located city properties. However, the historical data says you'll get better growth as we've discussed - the growth keeps outpacing...

OK, so what are you currently invested in, and what are the returns? And don't "telephone number" me. Are you using your own after-tax dollars, or an investment loan of some sort? What is your plan?

And?? What's your verdict?

Absolutely. Of course, this is all relevant to your personal income. If you are an average income earner, you can't afford to be neg cashflowed by hundreds every week while you wait for cap gains like the high income earners can, and do. You've gotta make every post a winner to accelerate...

That's the plan Vince. So, the cap gain in the portfolio is not just sitting there "on paper" doing nothing. It is utilised to acquire more assets that provide more cashflow and more cap gain. There is no doubt that starting now for many is going to be harder, as many property markets are...

No matter what the level of business you can think of, the no.1 destroyer of that business is cashflow - lack of it. There is nothing wrong with using equity to fund another loan, providing there is sufficient cashflow to cover the outgoings. But people make this mistake everyday, and it's not...

Mate, did you not read ONE WORD of the post I made about the benefits you can get out of your cap growth? Now I definitely know we are wasting our time on you YM.

As we all know, the process of selling to realise a cap gain (in property), and then re-entering the market at another time is usually a bit of a dollar swapping exercise and a waste of time. The transaction costs, as well as the lost cap gain when out of the market, and the cap gain tax swallow...

The richest people in the world have billions in cap gain/nett worth. Their wealth is tied up in their assets - businesses and real estate, some of it in shares. They don't have the cash just sitting around in a shoebox or in their ING account. Worthless cap gain is superannuation sitting...

Sounds like my 6 year old talking to me; I'm always wrong and he knows everything. :D Come to think of it; I always knew more than my Dad when I was a kid too! ;)

It's been proven at my end of the last 20 years.

I did say MAYBE a rate drop. It's interesting; in the USA right now they are experiencing very low rates, and yet people are still not buying houses; but the consumer spending is still up. I don't think the rates are much of an influence on the consumer spending; not as much as the ease of...

Maybe they should be called; "BS Schrapnel". Whilst I don't want any more rate rises, I could cover them, but I think the recession we had to have is starting to kick in. Home loan applications are down, buyers have disappeared in a number of areas, house prices are steadying. The...