Reading Time: 2 Minutes Hey guys! What’s going on!!! Excuse me for sounding EXCITED. But I’m going shopping on the weekend. Not for my usual Sunday grocery shop mind you… No, for PROPERTY. Love it, love it, love it. Will be catching the red-eye once again and hopping over to some remote corner of our nation to hopefully snag a bargain or three. In fact, it’s what kept me going these past couple of TOUGH weeks (wowee were they tough alright) – knowing that I’m again re-focused and re-energized on my financial goal… ain’t it AMAZING? I must admit that in recent months I have been a bit distracted and…
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What’s Ayers Rock Got To Do With Getting a Mortgage?
Reading Time: 3 Minutes “Idō shite kudasai” I looked back… a smirking Japanese boy of 8 looks up at me. Hesitantly, I snake around the chain link fence and let him move past. This is it, I say to myself… if a kid can do it, I can bloody well do it. ~~~ OK so you might be thinking, what is he on about? Well, MrsFrugalSamurai and I spent the last few days in the Australian Outback… or more specifically, in the dead centre of our great country, where we visited the famous Uluru, or Ayers Rock. It was quite an incredible experience and I can totally see why many…
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What Type of Property Should I Buy?
Reading Time: 3 Minutes This was the question posed to me by a loyal reader this week. Hm. Well firstly, thank you to MikeW for posing the question, hope you’re enjoying the blog! But in response to this, I think the best way to go about it is to understand which types of property your partner likes. Partner? What partner? Well the banks of course! If they’re the ones lending you 80% or more of a value of a property – you’ll need to understand what they like right? Don’t forget, a 30 year mortgage – is a 30 year relationship! When your partner says no… In general, banks restrict…
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Here we go again…Down $6k, What Next?
Reading Time: 2 Minutes And it’s back. Just when things were inching their way upwards. BAM. We get hit with another round of trade wars (wrote an earlier piece here), and now further interest rate cuts from a few of the central banks around the world… Looking decidedly SHAKY ain’t it? Suffice to say, yours truly has been caught up with the recent sell-off, down about 6 grand in the space of a week. Who said investing was easy! I find it a bit ironic that I place so much focus and attention to equities, considering it is a small fraction of the overall net worth yet has an enormous…
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You Snooze You Lose – A Lost Property Opportunity
Reading Time: 3 Minutes Hey everyone! Writing this on a crisp Sunday morning surrounded by a whole ragtag bunch of no-gooders I call my friends. What a whirlwind weekend we had – it was the joint birthday of a couple of the gang so we did the annual pilgrimage to a tree-change location a few hours outside of Sydney. Cue laughter and drinking amidst the poker sessions, board games and non-stop sports streaming… An AMAZING time. So amazing that I didn’t notice that the property deal I talked about last time (read here), was stolen right under my nose. You might remember I vaguely talked about a sub-division opportunity which…
