Interesting rule, but does/would anyone really use it?
It means the for my IP I should be getting $450-500 per week!!!!!!

I have the PIA software. It is helpful to use when guaging potential properties and the “cost to you”.
I had trouble selling the figures to the bank. They have their own calculators.
I have been using ‘property genius” which does similar [although the cost to you figures are different]
BUT it is excellent to keep track of all expenses, with a book…[Read more]

My wife and I went to Sean O’Reilly’s evening when it came our way. He advocated the revolving line of credit instead of using all of your home for equity support. You can then do the 80/20 loan with the interest on both being tax deductible.