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Was it a time out time for misbehaving? Brutal though:-) I guess it is time to clean up your closet lol
Hahaha I agree with imsrachel. Once you have kids, you will never have a break even with a passive income, unless you do not plan to have kids in the future. But good luck with your plan to work less and enjoy your free time more!
I use Facebook anytime for my business, as well as Twitter. Of course, I do not rely purely on Facebook for my marketing, but it is still a great tool to promote business. I have ads and campaigns for my business page. Works great for me and get traffic and likes for my Page.
I read your previous responses and it seems like you have everything covered. Since you have connections and experience in construction industry, it seems like a great idea. Let us know how it goes with building. Good luck!
Welcome to the Forum. I think you are thinking in the right direction. First, just save up money for you deposit and then start looking around to find a property that would be good for you. I like to invest in residential single family 2-3 bedrooms homes. It always gives me a good cash flow.
You need to be on the title in order to take a loan. I do not think any bank will give you a loan since you do not own the land. Can your parents put you on the Title or can they take a loan to build a house?
First, good job on saving money at your age! Second, when you graduate try to get a job in Real Estate Market. Go to school to get a business degree or anything related to Property Investing. Attend conferences, seminars, read books and I am sure you will be successful in PI. Good luck!
I feel you. Often it feels like you pay your insurance and never use it. It seems like you are wasting your money, but just imagine if the damage has been done to your property and it might cost you a lot down the road if you Don't have an insurance.
I would not advise you to invest in retirement homes. They are not in big of demands and usually do not have a good cash flow. I think investing in a 2-3 bedroom single family house would be better and more cost effective.
Try to convince the church to let you have an early access. Also, sit down with your husband and make your calculations On the possible return. Once your husband sees that positive cash flow will come his way, he might stop freaking out.
I would use a mortgage broker to get the best deal. How long has this compnay been around anyway? Usually when it is too good to be true, it is not that good. I would pass on that company.
I would recommend to take care of a garden outside if you have one and hire a gardener to take care of it. You can also put fences outside, decorations and etc. Inside try to renovate bathroom, if you can add additional bathroom-it would be perfect as well.
Sounds very fishy to me. I am glad you did not put an offer yet. If you like the house a lot, consult with an attorny firs. if not just move on. I would buy a house if even before buying it already causes me problems.
I had a hot apartment once I rented many years ago. My bedroom windows were on the sunny side and it would get extremely hot in the morning and during the day. I just used cheap all black paper blinds. It helped to keep the heat out. You also might want to check your AC as well.
I wish you goo luck in all you property investment endeavors and you do not really need to be present in AU to be able to invest in its property. You can easily fly to AU to buy it and then find a good PM to manage it while you are away in Singapore.
Go ahead and call. I know from an experience, that personal approach does wonders very often. You really have nothing to lose. Just do not sound desperate and you will be fine!
I recommend you to get a lawyer. I am not a legal guy, but as far as I know you can pretty much draft any cause (as long as it is legal, of course) into your contract. Do not try to save money on the experienced lawyer right now, it will help your business in the future.
Interesting article. But I am not surprised at all. Australia did not have such bad economical problems like US did , but rise of prices and living does not show that Australia did good as well. Rise of prices usually happen before a financial collapse or inflation. I hope it is not what about to happen in Australia.
You definitely need to talk to agents to find out the current market price for your house. Then if you do not lose too much money to keep the house, I would probably wait for a little bit before selling it. I believe prices on houses will go up pretty soon.
I would not recommend you to invest in studio apartments. I doubt you will get a good cash flow from this investment and studio apartments usually do not go up in price due to low interest in this kind of rental. Did you consider investing your money in houses? 2-3 bedroom house would generate better cash flow.
