Really surprised with Kochie in this interview.
Unfortunately since the GFC, the word 'debt' now has a real negative stigma to it. There is nothing wrong with her asset position given the diversification. Her interest expense would be an indicative figure of $200,000 per year.
Hopefully she has the correct structures with regards to companies and trusts. Also ensuring her properties aren't cross-secured and are with many lenders.
An interesting thought; which is more vulnerable, an individual's employment or rental income? I can only speak for Perth but I would say the former. Banks will take 100% of an individual's income but only 80% of the rental income.
- Forums
- Property
- sunrise david koch this morning dug in
sunrise david koch this morning dug in, page-66
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online