“…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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Investing in Real Estate 107B (a House or an Apartment, 5 More Learnings)
Hai guyz! How’s it all going? Hope you’re weekend’s going great! Doesn’t it always feel like two days is not enough though. We should start a petition for at least a three day weekend. What about seven days! Um, no sir – that would be called unemployment. Anyway all happening this week boys and girls, on Friday my friends and I are heading off to Thailand and Malaysia for a week-long holiday (vacation) which means that whatever pops up at the 9 to 5 this week, will need to be crammed into four days. Throw in a few wedding related meetings in there, and it makes for damn busy schedule.…
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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 106 (Your Strategy)
Hai guyz! How y’all doing? Unfortunately, it’s a bit wet and miserable at the moment in Old Sydney Town – so what better than to snuggle up to your lover, switch on the mood lighting and play some soft tunes as you… read through the latest from your favourite personal finance blogger! Today, I’m going to continue the real estate series – it’s where the bulk majority of my net worth sits (read about in my numbers revealed) and an asset class which I am continuing to learn, develop and grow. Following on from the last post (here), where we discussed the team to build around you – this post…
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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…
