Search results

I prefer to leverage my time by working on my portfolio as opposed to in it. In other words working at a macro level, not at a micro level. As such I employ PM's to look after the day to day operations of individual properties within my portfolio, which frees up my time to oversee the...

Andrew, OPM is Other Peoples Money (borrowed). 7% is the cost to you (interest) to use OPM. Using OPM for investment/business is more cost effective than using your own. Hope this helps.

Sounds reasonable to me.. $3000 of OPM x 7% = $210 p/a or $4 per week It will definitely increase your value & yield. I dont know about you but IMHO its an excellent example of value adding. Hope this helps.