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…
-
-
Land-To-Asset-Ratio and a Real Life Case Study
Reading Time: 3 Minutes What’s up guys! Hope everyone’s having a great week. Up and down kinda week here at TheFrugalSamurai HQ… Up because PapaFrugalSamurai aka my Uncle’s brother has returned back from a 3 month soiree in the Motherland. Down because well, there’s still a few personal issues afoot. But enough about me – for today we are discussing: Land-To-Asset-Ratio I’ve actually only stumbled onto this concept recently and wished I had understood this when I first started my investment journey into real estate. What is it? The most basic explanation is the “land value” component for a property compared to its overall value. For example, if a property…
-
My Magazine Article!
Reading Time: 3 Minutes Hola everyone! How’s it goinnnnng? Brrrrrr, winter is coming for old Sydney town ain’t it? What better to do than rug up warm and catch another rendition of your favourite personal finance and development blogger. Today is a SPECIAL post, because it’s the first time yours truly made it onto a national publication… YAY! Wait, what post and what publication? Well, I’ve been a long-time reader of Your Investment Property Magazine, which is an… investment property magazine… for errr…you. “YIP” and the other publication “Australian Property Investors” were (and still is) two of my favourite past-time reads, both dedicated to property investment. There’s always a thing…
-
6 Thoughts on the Banking Royal Commission
Reading Time: 5 Minutes “An old man looks across the table to a middle-aged man… the old man is clearly unimpressed, but the middle-aged man ignores him and grins for the cameras… knowing full well this will make the 6 o’clock news.” What a week it’s been right! Because late on Monday afternoon, we had the results for the Banking Royal Commission. The final report had the legs to be the biggest shake-up of the Australian financial services industry. EVER. So much so that… Whoa, back it up a bit TheFrugalSamurai… what are you referring to? Oh… sorry guys – got ahead of myself there! For our international friends who…
-
Cannabis… The New Frontier?
Reading Time: 3 Minutes “WHEW!” The agent looks up, she is startled. “Sorry I’m late, but my name is TheFrugalSamurai and I’m here for the inspection…?” ~~~ That’s right folks! Been like a busy bee these last few days working on the next couple of real estate deals. Sadly between this and juggling full-time work, the blog has been put on the backburner a little bit – ARGH! Hate it when that happens but can’t be helped. We only have 24 hours in a day right! BUT finally have a spare couple of minutes to let everyone know that don’t worry – I’m still here, still very much alive, still…
