Ed

So if you've got a mortgage-free home and you're 45, I'm like painting a really, really good position of somebody, right?

But if you're 45 years old, you're single, you've got a mortgage-free home and it's worth a million bucks, so you've got a good income, you might be able to buy a lot of investment properties really, really quickly.

Whereas if you're in the other position where you had a lot of debt and a lower income, then it'd be very difficult.

So that's kind of why we're kind of giving you the spreadsheet as well so that you can figure that out for yourself.

Another question which I want to pick up from Sarah.

There's somebody really aggressive, by the way, in the Q&A.

I was gonna ask as well, there's a really good person, Sarah, has asked, of the 43 properties that Andrew owns, what percentage of them are townhouses?

I was just saying to somebody, oh, you've got to buy that church with them.

Oh, wow, I look forward to hearing that about you.

There was another great question, which is, can you use the spreadsheet for a first property?

The answer is yes, but.

So the but part is, this will not tell you anything about buying an owner-occupier property, right?

And the reason behind that is,

is this is low key at like properties with some rental return and a yield and those kinds of things.

It's factoring in the deposit requirements for an investment property.

Now, if you have got some money that you want to put in as a deposit for an investment property, then this will factor in like, okay, you're buying your first property.

You don't need to have your own home.

It's just that what we often find is that the people who do decide to purchase a rental property on the most part tend to have

their own home already or an investment property already, right?

But there is a caveat with this, right?