Reading Time: 4 Minutes Happy Australia Day everyone! Hope we are all taking the time out to spend it with our loved ones. This weekend also coincided with the Chinese Lunar New Year so it was a doubly joyous occasion for The Frugal Samurai household. Happy New Year! Australia Day also marks the time when the year starts to kick off again in terms of activity and work. The Christmas and New Year slow-down period is firmly in the rear-view mirror, and it’s time to get back on the horse. It’s also the time when we reflect on our New Year resolutions and see how far (or not) we have…
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How Does Sentiment Affect Real Estate Prices?
Reading Time: 3 Minutes ARGH!!! “Shakes head vigorously” Brrr, bloody real estate. Really doing my head in. You see guys, I’ve got too much choice available at the moment. After our latest hunting trip back from the West Coast, I’ve drawn up about a dozen or so properties which I aim to make offers on. Mind you, not to acquire a dozen, I reckon one, hopefully two max. The problem at the moment is that with choice, I don’t really know where to begin. It doesn’t help that the bargain hunter in me is wanting to low ball the Baby Jeebers out of any deal… In fact, I’ve already blown…
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Hong Kong Protests
Reading Time: 3 Minutes Hi guys! Back again for another post tonight… Sigh, still getting over the news of last week (read here), but hey I’ve said right at the start of this blog that I’ll try and push through the good and the bad. Life’s not all about sunshine and lollipops y’know. I think too many of us on the interwebs only portray our best face forward, but life’s a biatch and sometimes we all gotta acknowledge that. Anyway. Takes deep breath. Back to it. In the last week or so you might have noticed that something is rotten in the state of Hong Kong. There’s been mass protests…
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My Magazine Article!
Reading Time: 3 Minutes Hola everyone! How’s it goinnnnng? Brrrrrr, winter is coming for old Sydney town ain’t it? What better to do than rug up warm and catch another rendition of your favourite personal finance and development blogger. Today is a SPECIAL post, because it’s the first time yours truly made it onto a national publication… YAY! Wait, what post and what publication? Well, I’ve been a long-time reader of Your Investment Property Magazine, which is an… investment property magazine… for errr…you. “YIP” and the other publication “Australian Property Investors” were (and still is) two of my favourite past-time reads, both dedicated to property investment. There’s always a thing…
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Our Latest Buy (Part 4)
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…
