Hi Markus
I think I met you at the Brisbane Masterclass I and we swapped details. Wanna do a JV. I’m interested in student accom too <lol>

Mja I have been reding your posts, is the 5 bedrooms for your PPOR in which case I guess it is a personal preference thing
Sue Owen

Well as I understand it you have loads of options. Another might be to sell your home, either downgrade or rent and use that extra cash to invest in a bigger way. This is the path I chose with a view to buying another home later with CASH once I’ve achieved other investment goals including divesting myself of my JOB. One of the problems with equity in your own home as I see it is that you can only then borrow 80% without penalty. But if you have the cash you can use the whole lot. It helps if you have a business that can rent most of the house you live in and that helps to pay most of the rent. But hey I’m no investment advisor so this is just my own opinion. You need to do what best fits your needs
Good luck

This is understandably a very difficult issue to tackle. When married, my husband was very risk averse and preferred to buy a Harley using JOB funds rather than buy another investment property. This is the same man who now is struggling with selling this one that is losing money DOH!!. Anyway I recall an investment audio tape telling me once that if the partner is disinterested, don’t talk to them about money, instead go and make the money and put it in your own bank account, then see how long they stay disinterested [biggrin]. Good Luck

Hello Everyone

Well I went to a 3-day Business School for Investors, Kiyosaki School last June and found it amazing despite the cost. What price learning?[biggrin]. This combined with the book One Minute Millionaire given to me by an amazing man has given me a much needed shove onto this journey.

I have also read Steve’s books and attended the masterclass in Bribane today. Wow what an amazing day. I think I have a better appreciation of “running the numbers” setting up deals for win-win and more confidence as to how to handle my JOB throughout all this.

Having been to the Masterclass, I’m not sure I would say that Steve is “using” Kiyosaki’s model, I tend to shy away from those sorts of comparisons rather see each of the “Teachers / Educators” I come accross as offering something quite different. ie thiet interpretations of the others and how they have implemented certain strategies etc.

Keep up the learning it’s all good

regards
Sue Owen