“It's a simple formula. And what it is, is it calculates a ratio, a number that takes your net operating income divided by your total annual debt service, your debt payments, and it gives you a number that can be used to compare.”

“I typically do either three or six months of operating expenses and debt service.”

“You actually have to put in three months of reserves, and that's what the debt service is paid from.”

“Pin Zhuo Zhuo carries zero debt… trades at a PE of only 8.5… discounted cash flow model has it at 53% undervalued”

“If you’ve got the ability to go a 50-50 LVR, say loan to value ratio, you certainly should look at that. So you’re not drowning in the debt of the fund or at risk of increasing interest rates.”