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I think people have to consider holding costs and the amount of money required in reserve of "weekly chipping in" A lot of time i get th feeling all that is taken in to account is interest payments. But htere are also council rates/ water rates / building insurance (or strata) & landlord's...

OK cool, that's what it was.. when I re read Nathan's original post, I noticd I replaced the words "Purchase price" with "mortgage" in my mind... I have tired to re run the numbers, but I am still confused somehow (and I dont hae excel on thi laptop either, which doesn't help) Purchase...

This bit I dont' get... If I have $100k worht of property with no mortgage... the bank would lend me 80% LVR, themax I cuodl borrow is $80k the bank would lend me 90% LVR, the max I cuold borrow is $90k If I have $240k worth of property with no mortgage... as per the example the...

See for me, it sort of comes down to (besides not beig dissciplined enough to make up my mind and follow the decision through, so hav enot inested that much time on it yet), not being usre wheer and how to start looing ascertaining the value / risk / potential, in particular in areas I'm...

Thanks for the post, it spells it out clearly for anyone not so familair, and reinforces that a good strategy is not exactly rocket science to people like me..... I've sent a copy of it to 3 mates.. one ins an invstor, but not so much on property, one is a younger guy keen to start, and...