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I agree totally. Just becuase you have the means to buy (more) expensive neg cashflow properties, doesn't mean that you should, or that they are a good investment. I knew a doctor who lives in Kew, who bought the vacant land next door as an investment. $700k he paid I think from memory, and...

I'm not taking sides in your debate with LC about your level exposure. I am putting forward my views on levels of exposure, and why. Use it as you see fit. FWIW, I think a 70% LVR is fairly safe, but as long as your portfolio cashflow is enough to support the whole shebang if you lose your job...

Having some (unused) LOC, or savings to access would mean that the LVR is less than the 80%. If the investor does have any savings, then he/she would do far better to have them in their LOC, or in an offset to decrease the debt, and thus the LVR - unless he/she is clever enough to find a...

To me, the actual dollar amounts of debt are not the important issue. In other words, you could owe $50 million in debt (and there are many who do). It's the LVR that is important. And it is only important when you HAVE to sell. When this occurs, the seller usually has to sell in a...

I think we are all in agreeance that to accumulate 5.6 mill is a very good achievement. But, if you are married, both on $200k per year, double income and no kids, then it is not really that great - just easy actually. Mind you; many people in this financial position don't accumulate even two...

Haven't read it, but it all sounds very amazing. My guess - a portfolio worth 5.6mill, but how much debt attached? Large numbers on the asset column don't impress me; but large numbers on the equity and cashflow columns do.