That's perhaps a gamble worth to take it. In that case defer retirement by 10 years and then pay off regional loans with capital gains in Melbourne.
Together they would be approx $1.25million.
One Melbourne IP is close to being triple in value in 12 years. The other Melbourne IP is double in value in 11 years. That's good idea to sell...
Reading through your posts, I think I'm where you were 6 years ago. Modelling assets and cashflow and checking out how others have done it. It...
$13k after all expenses and minimum principal component. $78k after all expenses without principal repayment (current either not possible or too...
Sorry guys, Updated table. Column 2 & 3 previously had monthly figures, which may have caused some confusion. [ATTACH]
Yes.....you are right..I'm already defensive of my choice whereas I am seeking advice...Sorry..Please feel free to give your suggestion.
I wouldn't consider selling the regional properties. They have good cash flow, while they do not have capital growths (this may have changed in...
That's correct.
It is net profit without claiming depreciation. "Annual cash profit is after paying off interest, rates, repairs & maintenance, insurance,...
Thanks Reni. Glad to know that you did it at 52. Does the 65%-75% include rental payment or PI payments on PPOR?
See that's what I am struggling to understand. Yes, there is a $78k income, but I have principal and interest payments to bank. So technically,...
Honestly, I still haven't figured that out. But I understand that the key question. So let's say I'm aiming for $100k retirement income.
Thanks Terry. PPOR is excluded from this. PPOR is in Melbourne with approx $3k principal & Interest.
Hi all, I have a positive cash flow property portfolio. [ATTACH] Annual cash profit is after paying off interest, rates, repairs & maintenance,...
Hi Simon, I'm looking for a property lawyer who can help with a Property Unit Trust. Appreciate if you could forward the details of the accountant...
Thank you all for the response. I knew it was doable and that was the basis of starting this project with own funds. The funds were released...
Hi, I've recently built a new house and granny flat in NSW. ANZ bank told me that an LVR of 70% max is what they can lend, because they treat it...
It would be very helpful if you could arrange inspection of the 4 properties on Saturday 3rd March 9.30 onwards. Thanks for the detailed reply. I...
Hi @euro73 Thanks for your detailed response. 1. Do you rent out the property i.e both the granny flat and main house through the real estate...
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