“100 million pledged to help Swan Hill get it over. The Rural City Council has welcomed 100 million election commitment.”
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Said on Australia Overnight
The Fin · What a 200-property landlord reveals about the housing market
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Has roughly $60 million in debt and over $100 million in equity across his portfolio
$60 M debt; $100 M equity
“100 million pledged to help Swan Hill get it over. The Rural City Council has welcomed 100 million election commitment.”
“It's $300 million equity cap ... they'll generate $75 million worth of cash flow over the next year. They've got $100 million of net cash”
“Debt is down to almost nothing compared to where it was. It was $60 million, now it's down to $4 million”
“Musk has put roughly $366 million into this election cycle, which is more than the $290 million he put into 2024.”
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