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Can you share the numbers.... Peastie ...when you sell #1 IP next year, can you run the numbers for me? 1. selling price ..less selling costs ( agents, legals) 2. payback the loan to the bank ...how much ? 3. your profit....how much? 4. less CGT ? 5. ...then what's the plan for the...

Only time will tell... MTR... I don't think so. For all it's foibles ( I reckon ) it's still the best store of wealth. (Hard to lose ( don't laugh, this is important as you get older ..) hard to steal) etc. and a good inflation hedge. But we are culling-our-herd as in previous post due to the...

LOE maybe ..... but never LOGE The last five years have been a good acid test for sure. RBA with all it's economic "brains" puts IRs up, and no sooner brings them down again. How do you ever make sense of this rubbish ? What used to scare me was some (many?) LOE spruikers were in fact...

Oh LORDIE LORDIE !!! Actually Redwing, there is some truth in your LORDIE jest. Living On Rents, Dividends, Income (i.e, fixed income (i.e. bonds etc )) & Equity is about it. I still think property ( Dazz can argue industrial/commercial vs resi etc ) is the most enduring store of wealth, if...

Just sittin' here boss ..... Just for the record... we're still in the land of LOE. But we're "morphing" into other income streams. Now 61 and 6 years LOE - the pension phase of our SMSF would seem to offer as good, if not better, benefits taxation wise as LOE. So we're liquidating some IPs...

Not much foot traffic on this road ... I don't know that the road diverged. If you build your porfolio with (mainly) capital city IPs which exhibit pretty strong CG, and hence you end up with a total shed-load of equity... it sort of follows. But, whatever, LOE is certainly "a road less...

Maybe .... ...unless you invested in the S&P500 (diversified US industrial index) in which case you're about 30% below where you were 10 years ago. Bummer :eek:!! ( High of around 1550 in 2000 , currently around 1100) LL PS and if you think that's bad, check the Nikkei ( Japan)

Remember SONRAY ??? Sophisticated investors ?? .. like the ones who invested with SONRAY ??? LL

Diworsified... Our bank was concerned at on stage that we "were not diversified" and brought a financial planner along to a meeting. He was saying just that, use some equity and put into managed funds. Get some Oz and some International exposure etc. That meeting was a couple of years ago...

I could give you SO many reasons I'd bore you. But first and foremost, is because you can "wake up" tomorrow and your shares are worthless... or near to worthless. This just cannot happen with property. Even if the building "evaporates" and is un-insured, you still have the dirt. That's reason...

Where to start on LOE. Good post HiEquity, you pretty much nailed it. The LOE "game" starts with two numbers. (1) What you need $$$ annual for your desired way of life/cost of living COL and (2) how many years of "comfort" do you want? This number is really the number of years you "estimate"...

and not just the banks .... Oracle, I agree. And it's not just the banks. Seeing the mess that USA is in, I think it's kind of pivotal to the "whole ball of wax". It's very politically sensitive. 70% of property is owner occupied. As Costello said "The only people I know who don't want...

That's where the rubber hits the road in the LOE game. ;) LL.

uhhh ... yeah ... I don't follow you at all..... a LOC that generates interest ???? I think I need one of those:cool:. There's plenty of theads on LOE , maybe do some searching & reading. LL

VY, that is a huge achievement. Make no bones about it. But as long as you "built your house upon the rock" ...and not the sand. Today's boom mining town can so easily be tomorrows ghost town. Some one measures the "lead" content in the soil , someone says "asbestos" ...and it's all over. The...

Maybe .... It seems this success story is based on "boom mining town" investments, some how. Whilst these obviously "work" I personally wouldn't be following them. Both nature & business abhor a vacuum and move to fill it. If it's a shortage of housing and/or an excess of demand that's caused...

Thankyou ! (I coudn't recall that acronym correctly. :)) Even 10% yield values the flock at $17m. A good effort definitely. But do you think it's sustainable? or repeatable? for the "average Joe". It's like picking a winning share. It can happen, but it's very rare. LL

In response to Pete .... Pete, I'm sorry, but I don't know what "IIRC" means ( and I thought I knew all the property acronyms used here:confused:). I also read API. I'm not familiar with these articles. I find when I read API articles IN DETAIL, the "numbers" for income, worth etc use a fair...

I hope not Alex. Because I do know associates who would be considered pretty astute business people & who were solely CIP investors (quite large ones in Melbourne) and lost their houses in the early 90's. When it happens, it's not pretty. There's also (older) blokes in the CIP business, like...

Nobody is ... Dazz, I've never met anybody who was ... until they arrive. They're like that ! LL