Hi Dazzling,

I’m not going to say “choose family over money” or vice versa. Obviously your dillemma exists because you want both but you’re finding that the two are mutually exclusive.

You’ve said your ambition is to become a fulltime property investor/developer. This would be ideal since it would allow you to be your own boss, pull in the big…[Read more]

Hi Dazzling,

Thanks for your advice. Your approach is pretty much spot on with the advice I got to get to where I currently am. Given that I’m pretty much at exactly 80% LVR, logic dictates that I should just sit tight and let the capital grow.

But you know how young the restless can be. I suppose I just want to use the waiting time to explore…[Read more]

Hi neo25x5,
Yes, losing 16k is obscene! Lucky I get a fair bit back in my tax return, but still…

To answer your questions:

Losing 16k doesn’t affect me too much personally since I live with the parents and I keep my life fairly simple – so if I wasn’t interested in investing any further, I could carry it off indefinitely. From an investment…[Read more]

Thanks for your response, Hellman.

You certainly raise a good argument for selling a property – something I haven’t even considered until now. My main concern is, selling a house will only really increase my cashflow by around $3300 per year. Given that now is not a great time to sell, it might be less messy for me to simply try to raise my…[Read more]