Reading Time: 5 Minutes Howdy boys and girls! Me again. Let’s dive straight in and plug on with part 4 of our latest real estate purchase (read Part 1, Part 2 and Part 3 here). Last time I disclosed that we bought Property 3 for a surprising offer of $210,000 against an asking price of $298,000. Let’s take a look at the pros and cons for this one… and you decide whether it’s a good buy or not! Pros So um… where to start? I guess from the beginning! In Part 1, I stated that the property was listed for $298,000, however 1 bedroom units in the same complex were asking…
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Our Latest Buy (Part 1)
Reading Time: 5 Minutes We’ve done it guys, WHEW. Finally got there, far out. “Wipes the sweat off my BROW”. Another little addition to the real estate portfolio. Much relieved I AM. You see, it’s actually been about 12 months in the making… Because on and off for the past year or so, I’ve been tracking one capital city in Australia which I’ve identified as the next component of our FIRE goals (read about the goals here). Where? Economically this capital has been in the doldrums, and consequently its real estate market is shot to bits. Picture this, advertised asking prices dropping by the week, no one turning up to open…
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The One That Got Away – A Missed Property Which Would Have Shaved YEARS Off The (FIRE) Dream (Part 1)
Reading Time: 4 Minutes “Argh!” Yells the frustrated young man in front of his laptop screen, a painful wince crosses his facial features. “What’s wrong?” His wise yet still sexually attractive wife calls out, hurrying over. “It’s SOLD already #*@(%&#”, he shouts – slamming his fist down. “Oh… don’t worry, there’s always another one”, she responds… glad her husband is just over-reacting again. He’s just a boy at heart, still throwing those kiddie tantrums – she tells herself, before resuming the latest Korean drama series on Netflix. Her husband continues to yell and curse in the background. ~~~ Sigh. Hi guys – that was the little conversation MrsFrugalSamurai and I…
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Half-Yearly Report Card, Goals Update and Verdicts – The Good, The Bad and The Ugly…
Reading Time: 5 minutes What’s Up Frugal Samuraites!!! We’re back again for another sitting of the Frugal Samurai. Hope everyone’s enjoying the wonderful warmth of Winter – don’t worry it’ll be over soon! Speaking of wonderful, how bloody insane has this year’s World Cup been eh? It’s the most alive and drama filled tournament we have had in DECADES. The quality, passion and emotions of the games has certainly lived up to expectations. So much so that the halfway mark of the year passed with barely a whimper. Wait… say that again? Seriously, HALFWAY already? That’s right – we’ve officially passed the halfway point for 2018, where did the time…
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7 Thoughts on How to Approach FIRE (Part 1)
What’s up boys and girls! Hope everyone’s having a great week! Freezing our fingers and toes off here in Old Sydney Town, never realized Winter could be so cold (it can, that’s why it is called “Winter”). Following on from my previous post where I asked for questions from yourselves, there’s been quite a few responses (that’s a few more than I expected)! For those of you who sent them through, thank you for doing so – I’m going through them now and there’s plenty of great questions and topics to cover. However there’s a question from Bugzy about FIRE which really struck a nerve. Bugzy asks: “Dear Frugal My…
