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  • Fooko
    Participant
    @fooko
    Join Date: 2025
    Post Count: 0
    June 30, 2025 - 10:58 am

    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
    Participant
    @fooko
    Join Date: 2025
    Post Count: 0
    June 23, 2025 - 5:45 pm

    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 first step, as I know that having an apartment isn’t the best option, as we don’t have land, and that renting can give us the first kick to get into the property market!

    I will certainly attend your seminar in August, looking forward to it!

    Very good point for the Fixed interest loan, I will make sure we have flexibility in this situation! Thank you!

    Fooko

Viewing 2 posts - 1 through 2 (of 2 total)