Search results

An interview with Charlotte30 please.

Does not worry me in the slightest knowing assets exceed liabilities. Everything is self managed so full control, no worries at all. We sleep very well. Like many are saying, it's mindset. Take the emotion out of it.

So, Joeyv, it's all mindset. Do the sums, back up your due diligence, calculate the risk/reward, make the decision and go for it. Dont bring in Mr Scareoff. Deal with the larger numbers you are using, get used to them, then go higher. Just numbers you know.:)

Yes, it should be "good debt".;)

For a start dont call it "debt". It's liability. Then dont forget your "assets". The relationship between these two is what you should be considering followed by the servicability including net rent. Dont focus on the one thing that is "bad" in your head. Look objectively.