Fooko replied to the topic Invest to build 2 bed unit on battle axe backyard in the forum Help Needed! 1 week, 1 day ago
Hi Mj2506,
In my wife’s family, they bought a house (5 bedrooms) in Chadstone (Melbourne) over 10 years ago with a backyard.
After the 3 kids left the house, they divided the backyard and built a 3-bedroom house to sell the first one and live in the second one: they’re now mortgage free and bought a holiday house cash!
Hope this help,
Fooko replied to the topic Advice on the first step in the forum General Property 2 weeks ago
Hi Steve and Benny,
Thanks for your response. I’ve read your first book, Steve, and I’m planning to partner with a friend to join forces and invest together. We are planning to create a partnership first to protect each other legally.
Our main focus is to replace our incomes and be financially free as quickly as possible.
It’s just about this…[Read more]
Fooko started the topic Advice on the first step in the forum General Property 2 weeks, 5 days ago
Hi there,
I hope someone can give me some advice here:
I own with my wife the apartment we live in. We both work full time (around 100k each) and don’t have kids.
Our loan repayment are around 4k per month. Our flat recently got valued at 750k and we have 600k left on the loan that we just refinanced.
We have 10k cash but other than that no…[Read more]
Fooko became a registered member 4 weeks, 1 day ago