Reading Time: 2 Minutes What’s up people! Of course, the word on everyone’s mind is “Coronavirus”. Boy, has the market been smashed!!! Yours truly is staring down the barrel of some whooper losses. Oh dear, oh dear. So what to do? Should we sell? Should we buy? WHAT? Well, I was talking about this with my e-penpal and thought it would be interesting for everyone if I shared our conversation. I haven’t told my penpal, but I’m pretty sure he won’t mind. TFS: Thoughts on the latest? Penpal: This seems like the biggie I’ve been waiting for. My mental model on this is based around: Back in early Jan I…
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We Bought Again! (Final Part)
Reading Time: 4 Minutes Hiya boys and girls! Been a lil while since I’ve seen you in these parts right. Excuse me, as I got caught up with all the craziness that’s been going on this week. But I’m back! With the final part of our latest property purchase. You can read part 1, here and part 2, here. We’ll be diving into the nitty gritty of it today. The numbers involved and the pros and cons of the property. Numbers So we secured this two bedroom villa with an offer of $220,000. Like I mentioned earlier, it was on the market for $279,000 initially. Given it’s size, I certainly…
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We Bought Again! (Part 2)
Reading Time: 4 Minutes Hello again! Today’s post is the 2nd part of our latest purchase for the portfolio. If you haven’t read part 1 – why NOT?! Haha, read it here first! So, last time I went through my reasonings for buying in Perth, and how the market is finally starting to move based on the ground research. Mind you, I neglected to mention that initially I had my Sydney lens on when looking at property in Perth. Ummm… No. Sydney and Perth are vastly different markets. I mean, one starts with a “S” and the other… what’s that? Get on with it? I’m TRYING OK. OK fine. In…
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We Bought Again! (Part 1)
Reading Time: 4 Minutes WOW guys. Wow fooking wee. “Wipes forehead”. So yes, we bought again as you can tell from the title. Another little acquisition for the portfolio. I’ve been hunting over on the West Coast for the better part of last year and just when I thought it was all to come to naught… up pops this one which I had already… Oh wait. Of course, where are my manners. Some background first? Background Those of you who have read this blog for a while know that in late 2018, we were in the fortunate position to purchase our first West Coast property in Perth (read about it…
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4 Things You Didn’t Know About Your Home Loan
Reading Time: 4 Minutes Howdy folks! Have to say I am in a GLORIOUS mood today. Because, finally, for once… the sun is out. And we can ALL enjoy our weekend proper. The way it should be :) Before I can though, I have to let y’all in on a secret. It’s something which has been bugging me for a while now. I see it every day, invisible to most of us. What is it? I’m talking of course, about the hidden fees and charges in our home loans. Now, for our international friends who are not as familiar with Australia, us Aussies – we are obsessed with real estate,…
