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To all the D&Gers out there. If I were to have all my wealth taken from me by whatever means I, through my experience gained the knowledge to get it back again. As I have said before I am not afraid of financial risk :) There are many more important things in life than money or the thought...

Hi Alan Great Question :) It is my understanding that if the LOC is fully drawn and there has been no default it would be difficult for the lender to justify calling in the loan. Kind regards Simon

This has been such a long thread that I can not remember if the following idea for LOE has been floated or taken into serious consideration. An investor starts with say 50Kequity and a wage of say 50K. Over a number of years his/her equity grows to 2ml and wages to 85K. I don't see any reason...

I have not experienced 20 years. But down here in the "Promised Land"(ACT) we see some long periods of "Growth droughts" but fortunately rental yields have seen us ,personaly, through those times. We have historically seen slow growth and negative growth in some areas of Canberra through the...

Hi Plumtree All I can say is "When growth there it's good and when it's not it's time to look for other profitable avenues of investment." :) I think Steve said that earlier in another way. All good strategies work really well until the platform on which they are established changes. I...

IMHO your veiw of the looming situation is only looking from one perspective. What about the fact that there is only one planet that people can live on and that any good desirable land will always be held valuable. Economies come and go but the land will hold its value if we don't destroy it's...

Hi Keith Thanks for you reply and it is refreshing to know that my post has given rise to your questions.

Hi MJK I will try to give you another answer to the above Posts :) Lets say you have a 5ml asset base with a 5%(250K) rental income pa and a 5%(250K) of asset base interest bill/holding costs pa. Because of the above we have a nuetral cashflow position. If we say have 5%(250K) capital...

Hi SOS Horses for courses - One of the great things about this forum is taking a look at different strategies and approaches used successfully by other members. How do you know what you will want in 10 or 20 years? Who knows but here is some food for thought. Do you remember when you were...

Hi MJK Simon can afford to be as vague as he likes. He is living off equity. Not wanting to blow our own trumpet here but it seems that few on this thread can make this claim. Simon and I have been living off equity (no wages) for the last few years and even with a slowing market at...

Hi Steve IMHO, your education is better than "A grade" and I have learned a great deal from your posts and our conversations over the past few years. I contribute a large portion of our personal success as a result of your education on property criteria and financial structures. You know me and...

Hi All The Cash bond(annuity) was a great thing for me because at that time the market was rising with no end in sight for at least twelve months. The structure designed by Steve was to last five years. however after only five months I got out by cashing the annuity and buying two more...