“…If you would like to leave a message, please do so after the tone… BEEP” “Hi The Frugal Samurai, it’s Kay here – listen I’ve got some bad news, the tenants in your property at 123 Slightly-Above-Average-Investment Drive have given notice to vacate, they’ll be gone in 4 weeks. Oh and the other tenants at 456 Cash-Flow-Drain-But-I-Can’t-Sell-Because-Of-The-Growth Street have also advised they won’t be taking up their lease when it expires in July… Goodbye” FFFFFF! Goodbye to you too Kay you FFFFFFFffffff! Joking joking, love you Kay, tier 1 property manager she is. What’s up dudes and dudettes! As you can see – not the most ideal time for yours…
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6 Cons To Buying Off-The-Plan
Hay guys and gals! How y’all doin! The year keeps on rumbling on doesn’t it, we are almost a third of the way through, how are you going with your goals and plans for this year? If you’re like me – who hasn’t ticked anything off yet, don’t fret! Still plenty of time to get started, but get started you must. Following on from the post last time (here) about buying real estate off-the-plan (new build whether apartment or house), I received quite a number of messages regarding people’s stories of their successes and failures of purchasing off-the-plan. Suffice to say, although some people have done quite well with this…
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6 Pros To Buying Off-The-Plan
What’s up ladies and gentlemen! Hope everyone had a great weekend. MrsFrugalSamurai-to-be certainly did – seeing as she had her hen’s on Saturday night. Poor old me was left home alone to entertain myself. I was crestfallen. … for about a minute! Because HUZZAH! It meant I finally had free rein over what I wanted to watch on Netflix. No more Korean dramas or American sitcoms for me! No siree, straight to bingeing on “The Adventures of Tintin”. Totally. Wild. But call me old, fact is that after the day I had on Saturday I really just wanted to lie in bed and watch some nostalgic childhood TV shows to unwind.…
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Investing in Real Estate 107A (a House or an Apartment)?
“Our house, in the middle of our street Our house, in the middle of our” Oh, it’s you again – how’s it going! HAY quick question: how much wood can a wood chuck chu… oops, sorry wrong blog, let me start again… How much does it cost to purchase an average house in Sydney? The answer is… a little over $1,000,000. So how much does it cost to purchase an average apartment in Sydney? About $761,000… Holy smokes that’s a fair amount of change. No wonder Sydney is one of the most expensive cities in the world (read here, here and here). But it’s at those levels because someone is…
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Investing in Real Estate 105 (Your Team)
Yo Yo Yo – what’s happening peeps! Not sure why I decided to talk like that – must be because I’ve been watching “Any Given Sunday” again, one of my favourite sports movies. Basically it’s a take on a fictional NFL team with an all-star acting cast. Al Pacino as the old school head coach, Jamie Foxx as the narcissistic rising star QB, Cameron Diaz as the hot-headed young franchise owner. It gives a pretty darn good insight into the trials and tribulations of professional sports. But one key message which I came out of it is that, without a supportive and cohesive team, the individual fails. Exactly how it…
