Reading Time: 2 Minutes So I thought it best to shoot out a quick post just to let everyone know that yes, I am still alive and no, I have not forgotten about you. It’s just been TOO much this past week. I wrote last time (read here) that I had embarked on a whirlwind property scouting weekend a few days ago… And what a few days since! You see, I had shortlisted and viewed a couple of dozen or so properties in those two days, and now it’s time to get stuck into due diligence. So please excuse me as I’ve been trying to cull this one here and…
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What’s Got Me So Pumped?!!!
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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Cannabis… A Growing Market?
Reading Time: 3 Minutes Nerves, nerves, nerves. So NERVOUS. How come? Cos I’m THIS close to signing off on choosing a real estate agent to sell one of the properties in the portfolio. As much as I hate selling, I think it’s time. I think so… I mean as part of the annual review, I’ve identified that it isn’t really pulling its weight. The long term fundamentals still remain, but there’s too much ongoing maintenance and other dramas for it to work short-term. Plus, I’m looking to reinvest any proceeds into something a bit better (hopefully). Still, procrastination affects all of us, and if it wasn’t for MrsFrugalSamurai’s gentle prods…
