Reading Time: 4 Minutes OK boys and girls, we are back! Back for the continuation of our most recent real estate purchase. If you missed part 1, don’t fret! Have a read of it here. Basically, after zipping around the Greater Perth area for the best part of a long weekend, we’ve narrowed the shortlist down to the FINAL FOUR. Ironically none were detached houses, which is a shame because I was on the look-out for somewhere with a bit of land. As we all know, it’s land which appreciates in value and the building which depreciates – hence anything with good land content and value, usually receives a big…
-
-
Our Latest Buy (Part 1)
Reading Time: 5 Minutes We’ve done it guys, WHEW. Finally got there, far out. “Wipes the sweat off my BROW”. Another little addition to the real estate portfolio. Much relieved I AM. You see, it’s actually been about 12 months in the making… Because on and off for the past year or so, I’ve been tracking one capital city in Australia which I’ve identified as the next component of our FIRE goals (read about the goals here). Where? Economically this capital has been in the doldrums, and consequently its real estate market is shot to bits. Picture this, advertised asking prices dropping by the week, no one turning up to open…
-
The One That Got Away – A Missed Property Which Would Have Shaved YEARS Off The (FIRE) Dream (Part 1)
Reading Time: 4 Minutes “Argh!” Yells the frustrated young man in front of his laptop screen, a painful wince crosses his facial features. “What’s wrong?” His wise yet still sexually attractive wife calls out, hurrying over. “It’s SOLD already #*@(%&#”, he shouts – slamming his fist down. “Oh… don’t worry, there’s always another one”, she responds… glad her husband is just over-reacting again. He’s just a boy at heart, still throwing those kiddie tantrums – she tells herself, before resuming the latest Korean drama series on Netflix. Her husband continues to yell and curse in the background. ~~~ Sigh. Hi guys – that was the little conversation MrsFrugalSamurai and I…
-
What to do in a Bear Market (Part 3)
Reading Time: 5 Minutes “Rrrrraaaaagghhhh!” “Oh help, run away, run away” (the villagers run away). But not Bob, Bob stayed. And then Bob got eaten. The end. ~~~ Whoa what an abrupt and sad story… hey speaking of! I knew a Bob once… he never got eaten by anything… but he was a builder come to think of it. “Rubs chin ruefully”. AHEM. ANYWAY the moral of the above story is if a hungry bear comes looking for food in your village – sometimes being a hero doesn’t work, because being a hero can make you someone’s lunch. This is especially true in the financial markets as well – yknow…
-
What to do in a Bear Market (Part 2)
Reading Time: 3 Minutes What’s up guys! How’s the week coming along? Bit of a rollercoaster so far for your truly, work’s been pretty brutal these last couple of days. Life. Is. Hard. But it’s harder if you don’t keep going right! Fight the good fight, it’s what we all must do. Speaking of the good fight, a quick congratulatory word for my friend Bugzy, who was married to the girl of his dreams this week. The one who he can finally “play the piano and stroke my baby’s hair”. I’m just happy that he’s found the one, because if you saw him just 2 years ago… sitting by himself…
