Hi Bluegum

I have just updated EZ-Rent to directly support your request of borrowing additional funds. It will be released via my sponsor some time in the next couple of days.

PM me if you want me to send it directly

regards

[email protected]

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Grab the new…[Read more]

Hi Bluegum

As a workaround, maybe use the ‘other loan costs’ field to simulate your extra borrowings? (just tick the ‘override automatic calculations’ button in the ‘Purchase and Loan Costs’ screen.

cheers

[email protected]

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Grab the new budget night version…[Read more]

40 years? Darn I can’t remember (Paul checks his own software)

Okay I do 30 years but if its really important I can extend it

I wrote and maintain a free program called EZ-Rent that does what you ask. Its is specifically geared to Australia, handles multiple properties, multiple investors, depreciation and the like.

I suggest this is a good…[Read more]

The ATO has a “Guide to depreciation” which explains it.. and any accountant’s tax software creates one for you as well..

If you are unsure of a depreciation schedule, first its best to understand what depreciation is. I recommend any new or would be property investors to research this and if unsure, solicit a company to produce one for you as…[Read more]

Thanks for that one! straight to the pool room! (the section on aging that i’ve added)

Also some choice Ben Cousins wisdom too!

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

This is also what EZ-Rent does and costs you no money so it certainly can’t hurt.. It allows you to add depreciable items and even simulate buying additional depreciable items later (for example you might want to replace all whitegoods at a future date)..

It also handles more than 1 property so you can do some complex cashflow simulations if you…[Read more]

I also recommend Jaffasoft and then trying ez-rent if you want to get into more complex details..

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

Thanks Derek for suggesting ez-rent.

I can tell you that with EZ-Rent 2.5 I adjusted it to handle income tax rates based on the last federal budget. I also added a ‘bracket’ creep option so people can simulate future income tax scales being adjusted..

I don’t plan to add anymore features to EZ-Rent unless people have really compelling…[Read more]

Hi

I did this some years ago and wrote about it.

You can find the info here

http://www.travismorien.com/FAQ/main.htm

realestate section -> some tips from paul

hope thats helps

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

There is a recent thread on the aus.invest newsgroup on this subject. See if this is helpful..

(watch out for line breaks in this big URL)

http://groups.google.com.au/group/aus.invest/browse_thread/thread/c54b5536ef08eb45/77332ccf0895e925?hl=en#77332ccf0895e925

cheers

[email protected]

EZ-Rent. The freeware tax and cashflow simulator for…[Read more]

Hi there.

There are lots, and I also started with an Excel sheet that become a fully fledged freeware program called EZ-Rent (www.ez-rent.com). A few other Excel users contributed their sheets to me which I incorporated into the program.

Now it allows for multiple properties and multiple investors with varying purchase dates. It also has a…[Read more]

Mind you, if your property is close to breakeven cashflow, then you will make some very serious dents into your principal in that time if you do choose to pay principal.

In a period of less than spectacular capital gains going forward, its probably a sound strategy?

But one of TMA’s post finally clicked for me.. I assume that this is a scenario…[Read more]

Hi there..

Try this online one at Jaffasoft – I think its great..

http://www.jaffasoft.com/

Then if you want something more detailed try mine at http://www.ez-rent.com.

Then you can evaluate the other free and commercial ones. The granddaddy of them all is PIA from Somersoft and all of the others (mine included fall somewhere in between this…[Read more]

Hehe, I wish I was still in the mining industry! Don’t suppose you have vacancies for process control monitoring do you?

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

Although I’m ambivilent on gold (lets face it there are a lot of really nutty goldbugs out there that say gold will hit US$2000 an ounce and have been saying so for a very long time I agree with your comments on the likely places to profit from the high oil price.

I also like Agribusiness. Although it is impacted by fuel costs, the core markets…[Read more]

I’ve been told that by smarter people than me that the US$ is not going to correct anytime soon. From my reading their massive deficit actually puts downward pressure on the dollar.

The US credit binge has been worse than ours..

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

http://www.travismorien.com/FAQ/reading.htm

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

I searched a bunch of old threads going back..

This topic definitely needs a sticky note with some well thought out and constructed materal.. since the threads tend to be answers to specific questions they don’t quite give the full picture (to me anyway).

Even the material on your site which I visited and read is good, but still is a little…[Read more]

http://travismorien.com/FAQ/ripoffs.htm

EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
http://www.ez-rent.com

No.. that wasn’t quite what I am getting at…more an FAQ thing..

Perhaps there is a good website somewhere that makes no assumptions and perhaps explains the concept in this order..

what is a standard P&I loan
what is an interest only loan
deductable vs non deductable expenses
what is an offset?
what is a line of credit
combinations…[Read more]