It is a guide.

It means you don’t have to run the numbers on lots of places. You can dismiss the unlikelys and then do a proper analysis of what’s left: expected rent, mortgage payments, management fees, repairs budget, insurance, rates etc. What you have left, if anything, tells you it is cashflow positive. How much you have left versus what…[Read more]

Hi Philip,

I like that the data is saved in XML format. This makes it (theoretically) possible to use the data in just about any other program.

I was dissapointed to find the land tax formulas were not in a similar XML config file. If they had have been then I (and others in the know) could have kept them up to date. It would also be possible…[Read more]

Steve,

There’s a little known town between Sydney and Melbourne, called Canberra. We don’t have big crowds but you’d be welcome to do a tour here too.

I’d be delighted to shake your hand and buy your new book. Loved the original one.

Greg

Thanks for the additional info.

Kay: I wasn’t worried about the 20,000 issue as I’m not looking at LMI. From the maths, if LMI gets you a higher LVR on a +ve property (and doesn’t cost too much) it would improve the CoCR but I’m sure you’re right on the risk side.

I have seen a 21,000 horse town getting CG this year – but mainly because of the…[Read more]

Thanks all.

I’m not too cluey on stables but I guess I could stick to 12 horses or more.

Thanks for the info on LMI. That explains it all nicely. The link worked okay for me.

Greg