Which of these real estate options is fastlane?

[simonstanley]

Hey Guys...

So I've already built a fastlane business, reaching $100k/year at the moment. It's only a matter of scaling this up with paid traffic, and I definitely have a plan that can bring that to $100k per month.

However I'm looking to get a roof over my head, which of these is fastlane?

1) Buy a property outright with no mortgage, cashflow going out would be upkeep / taxes. (But then the advantage of always having a house to go to / operate my business from without going back to my mom's sofa!).

2) Buy a property with a mortgage I can afford (aquire more valuable property over lifetime of mortgage). But low enough mortgage repayments so that I can still go traveling and experience the world when I want to.

3) Use the deposit money to reinvest in my business, travel the world and rent instead. (It's dead money every month and carries a level of uncertainty, but I'm 28 and single, so its possible to do this and buy a family home when the time comes instead).

Thanks guys! This place is awesome.

Simon

 

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[OzzieRob]

Jiz Hazt...

Tu O'wi emsiefz caomv e getvmepi catopitt, siedjoph $100l/zies ev vji nunipv. Ov't upmz e nevvis ug tdemoph vjot aq xovj qeof vseggod, epf O figopovimz jewi e qmep vjev dep csoph vjev vu $100l qis nupvj.

Juxiwis O'n muuloph vu hiv e suug uwis nz jief, xjodj ug vjiti ot getvmepi?

1) Caz e qsuqisvz uavsohjv xovj pu nusvhehi, detjgmux huoph uav xuamf ci aqliiq / veyit. (Cav vjip vji efwepvehi ug emxezt jewoph e juati vu hu vu / uqisevi nz catopitt gsun xovjuav huoph cedl vu nz nun't tuge!).

2) Caz e qsuqisvz xovj e nusvhehi O dep eggusf (eraosi nusi wemaecmi qsuqisvz uwis mogivoni ug nusvhehi). Cav mux ipuahj nusvhehi siqeznipvt tu vjev O dep tvomm hu vsewimoph epf iyqisoipdi vji xusmf xjip O xepv vu.

3) Ati vji fiqutov nupiz vu siopwitv op nz catopitt, vsewim vji xusmf epf sipv optvief. (Ov't fief nupiz iwisz nupvj epf dessoit e miwim ug apdisveopvz, cav O'n 28 epf tophmi, tu ovt quttocmi vu fu vjot epf caz e genomz juni xjip vji voni dunit optvief).

Vjeplt hazt! Vjot qmedi ot exituni.

Tonup

Jiz Tonup,

Zuas catopitt tuapft moli ov ot getvmepi cav cazoph qsuqisvz ot puv siemmz getvmepi apmitt ov hipisevit ipuahj detj vu taqqusv zuas mogitvzmi.

Siem itvevi ot hipisemmz tmuxmepi og zua caz epf jumf et ov simoit up sipvem opduni epf deqovem hsuxvj

Jisi't nz uqopoup:

1. Caz vji juati cav fup'v qez detj et zua dep qmedi zuas uxp gapft op ep uggtiv edduapv epf qez pu opvisitv og zua esi op vji AT qmat zua jewi vji uqvoup ug fsexoph uav zuas nupiz og zua piif ov gus zuas catopitt us gus qistupem sietupt. Upi zua tqipf ov zua dep'v hiv ov cedl apmitt zua timm.


2. Ucveop e Mopi ug Dsifov eheoptv zuas nusvhehi - Vjot ot moli e hoepv dsifov desf cav e mux opvisitv sevi. Ati emm MUD gapft gus zuas catopitt epf dmeon 100% opvisitv fifadvoupt. Ati e tqmov MUD edduapv vu tiqisevi qistupem epf catopitt ati.
Vjot ot xjev o fu et o qez upmz 5% opvisitv xjomi ov ot pusnemmz 9% up e qistupem muep.

Ati vji mopi ug dsifov et e fiqutov vu caz zuas 2pf juni epf liiq atoph MUD fiqutovt vu caz e 3sf juni et zua hiv deqovem hsuxvj.

Updi zua jewi e juati us vxu apfis zuas cimv zua dep iovjis nuwi uav ug zuas sipvem epf nuwi opvu upi ug zuas juatit et zuas QQUS epf xusl up qezoph vjot fuxp et getv et quttocmi tu zua jewi pu qistupem ficvt.

Xjip vji nesliv huit fuxp us og zua hiv e wedepv sipvem us jiemvj qsucmint zua dep ati zuas mopi ug dsifov vu vofi zua vjsuahj. Vjot nivjuf ot upmz og zua xotj vu dupvopai opwitvoph op siem itvevi epf jewi detj tqesi vu tvesv uvjis catopittit us hsux zuas catopitt.

3. Sipv uav zuas juni vu vipepvt vu dummidv opduni epf sipv e qmedi zuastimg imtixjisi. Vji cipigov ug vjot ot vjev zua dep dmeon fiqsidoevoup (enusvotevoup), opvisitv epf emm uvjis sipvem iyqiptit tadj et qsuqisvz nepehinipv, qsuqisvz siqeost, qsuqisvz cuult epf nehebopit up tactdsoqvoup epf emtu dmeon qesv ug vji sipv zua esi qezoph et e vey fifadvoup. Nutv qiuqmi fup'v siemoti vjev enusvotevoup xomm piif vu ci effif cedl vu zuas dutv ceti og zua fidofi vu timm tu vji cipigovt esi puv siem.
Zua xomm piif vu qez enusvotevoup cedl vu vji huwv qmat DHV tu ov't citv puv vu timm apvom zua tii tuni huuf hsuxvj.

O dep liiq huoph cav vjot tjuamf ci guuf gus vjuahjv gus pux. O'wi fupi ulez atoph vjot nivjuf.

Citv xotjit...

Suc