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…
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Investing in Real Estate 104 (Structure)
Hi guys! How y’all going? Would you believe it but it’s end of January already! Does time fly fast eh – they say that most New Year’s Resolutions don’t last past January. But I think when you have a steady 9 to 5, active social calendar and fully booked weekend – no WONDER we find it hard to accomplish our goals. Throw in a kid or two in the mix and you’re dunne like a bunne. That’s why time is the most valuable commodity of all – it’s finite, you can never get it back. I try and make sure to use it as wisely and efficiently as possible. Which…
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Investing in Real Estate 103 (Leveraging for a Pre-approval)
Happy Australia Day folks! To all our international friends – January’s usually a good month here in Australia, because so shortly after the New Year celebrations – there’s a three week hiatus which culminates into another party for the Australia Day long weekend. Surely there are worse things in life than moments spent with your family and friends accompanied by yummy food and delicious wine? That’s what makes living in this country so great, the sense of community, good living and general good vibes. Our attitude towards real estate is pretty unique as well – the “Great Australian Dream” is ingrained in our national psyche, a generational belief that home…
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Investing in Real Estate 102 (Mindset and More)
HEY news flash guys – did you know big circles are really hard to fit inside small rectangles? After 2 hours of trying, MrsFrugalSamurai-to-be and I know now. Yep, that’s the scenario that confronted her and I when one of her good friends’ generously offered a barely-used dining table to us. With hindsight, I should have figured out something was slightly amiss when she said that the table was a “demountable”. The only experience I’ve had with demountables are mobile classrooms and other really really big structures that can fit whole adults inside them. I tried to quiz MrsFrugalSamurai-to-be on how big the table was BEFORE we left to pick…
