Terry! just the kind of information I was hoping to hear. I know it’s theoretical and all, but you’ve given me an outlined scenario that I would be very interested in having a crack at.
Now I just need to arm myself with a tonne of knowledge so I can work towards a nice IP portfolio.
Thanks heaps,.I’m going to print your reply out and keep for…[Read more]
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I would be worrying more about funding your retirement than funding the kids university fees. There is always HECS. Although you get a discount for upfront payment, it is very easy to pay off the debt later through the tax system. It’s what I am doing right now!
Instead of paying my uni fees upfront I saved my money and bought a…
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Remy have you tried to get your husband along to a property investing seminar, eg Steve’s – they can be very inspirational, if only for the other people that you bump into and share stories with – building knowledge AND a network at the same time.
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Mel
No I haven’t tried to get him to a seminar, I don’t think he’d appreciate spending…[Read more]
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Remy
we are both the same age my Idea is to have a portable home or house sit my way places “there’s that but again”
aaron
Aaron, I know of a retired couple (friends of my mother) who have been doing the house sitting thing for a few years now. Not sure how they manage not to be sitting on the side of the road between contracts, but I…[Read more]
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Hi Remy, I think you have a situation that is more common than you think! One option worth considering is selling your home and moving to another desirable (perhaps more so for lifestyle!)but cheaper area. For instance if your home is worth in excess of $700,000 there are many lovely areas (like where I live – Goulburn) where you could buy…
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Hi remy
I think I’m in the same boat the difference is we are both semi retired already (pension)anyway I see wear your coming from I wounder how many others are in this boat and what thay do
aaron
Hi Aaron, thanks for replying []
I see my partners point of view. He has reached an age where he wants to stop saving and start reaping the…[Read more]