Search results

  1. W

    Selling My Property to Start Restaurant

    This last comment made me wonder if Noball could stop paying rent where he is and try some housesitting? That would put even more money in his pocket, but would also mean giving up some certainty (where he rents) for even more uncertainty. Upside is saving money, downside is uncertainty. Worth...
  2. W

    Selling My Property to Start Restaurant

    Because aged over 50 if you sell your only asset to set up a business, and the business fails, you have no home. If you can get a job and continue to pay off that house, you have somewhere to live when you retire. If you sell it, even if your business goes well, you may never be able to afford...
  3. W

    Selling My Property to Start Restaurant

    I don't see them as negative. I see them as suggestions to help the poster work out how to hold onto the asset he has and not put it at risk. I see many positive posts too.
  4. W

    Selling My Property to Start Restaurant

    Fantastic post, and some great ideas to pursue.
  5. W

    Selling My Property to Start Restaurant

    That is $20 and rising that you will lose if you sell, and you risk losing the proceeds too if the business fails. You have an asset now that actually puts money in your pocket. I would find a job, any job and hold onto your asset. It doesn't mean you have given in or given up. I think it...
  6. W

    Selling My Property to Start Restaurant

    Do you own a house that you live in, because it sounds like you rent out the "only home I own". I would try to get a job, any job that is not a chef position or in IT. My youngest has just started working in a factory for the holiday. He is on just short of $18 an hour but is unskilled, and...
Back
Top