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Thanks MTR. That confirmed my suspicion, and was one of the biggest deterrents against me looking heavily into US amongst other things including complicated taxation system. Leverage is important to get that ROE up both from a rental and more importantly from a capital growth perspective...

Guys thanks for the numbers. Very interesting to see. I'm not sure what your expenses relate to, but I presume being here you have more accountant, agency fees and unforeseen costs. 7.7% certainly is strong, but definitely something that is replicatable in very good locations (as usual, 2km...