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  1. R

    Time versus Money

    Thank you! Agreed, though we certainly struggled with it initially. We're all conditioned to follow a socially acceptable life path. Deviating from that tends to make people very uncomfortable. Great to hear! No kids for us yet, either (and none planned), but we've found plenty of people...
  2. R

    Time versus Money

    I haven't been active here for some time, but threads like this have really kept us inspired and motivated. In a couple of months we'll be financially free. We're quitting our demanding expat jobs, selling most of the 'stuff' that we own, and hitting the road indefinitely. The plan is to LOR...
  3. R

    Tech savy solicitors?

    Structure and strategy advice and implications, actually. Conveyancing isn't an issue at the moment. It may be beneficial to have someone who is at least familiar with VIC, though I don't know that they'd need to practice there for the kind of work we'll need them to do.
  4. R

    Tech savy solicitors?

    Hi all, We're trying to put together a team to work out structural and strategy issues going forward. There's already a fair bit of complexity involved, and it is likely to get more interesting in the next few months. Discussion in our other thread, and throughout the forum, has highlighted...
  5. R

    $200k net passive income

    As are lots of places, and on a whole lot less than one would need to live a comparable lifestyle in AUS. We're planning on doing the same. However, we enjoy it immensely...and it isn't something you'd want to be forced into if you didn't. I've never considered an endgame. Unless you plan to...
  6. R

    Building a passive income portfolio

    With a CIP, I can simply set up a LOC. I understand the process, and know what I'm getting into. I also have a few contacts that I can trust to point me in the right direction. I'm not nearly as comfortable with margin loans. I'm also very wary of shady advisors and the ridiculous fees on...
  7. R

    Building a passive income portfolio

    This is what we had in mind. For commercial, we could simply use our current equity to fund commercial purchases with decent yields. At least for now, we can cover any issues that may arise with our income. Shares seem a bit more problematic unless we sell at least some property (may be...
  8. R

    Building a passive income portfolio

    We originally purchased the company. IP 1 was an asset. It was left that way to enable us to fund developments, and move properties we wanted to hold into trust (as it also acts as trustee). At that stage, however, we moved abroad, and the developing plans didn't move forward. There is a...
  9. R

    Building a passive income portfolio

    This. We're also lucky to be able to pick up work if/when we need it. Hopefully, as we keep investing, this figure will continue to improve.
  10. R

    Building a passive income portfolio

    Thanks FMS :) I was projecting ahead with part of that scenario, so it may help to clarify. Everything is neutral as things currently stand for the three properties. IP 1 is P&I, and 2 & 3 are interest only. Cash to clear the mortgage on IP 1 is currently in a high interest account outside of...
  11. R

    Building a passive income portfolio

    Hi All, I'm new to the forum (been poking around for a few months), and am already finding plenty of excellent information! Reading through has inspired me to up our game, and take a more active role in working towards our desired outcome. The question is, how? Background: Wife and I are...
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