This is complete madness, yet, I know of know one other then you guys to share this with.
Here's the situation.
A family, eldest child just got car licence.
They built their new home just before 1st child was born, nice adequate family home in a good suburb which has undergone massive upgrades recently, new shops etc.
They were way ahead in house payments and that with the value gained over about 18 years, what do you think they did with that equity?
I know what we all would do, but how’s this.
Sold the house and most of the furniture.
Pocketed well over 200k, and moved into a big shinny 5 bed RENTAL home with a pool.
Yep, a Rental!
Payed out of their own pocket for a Bali hut to be built.
Got Mum and Dad a new car each, flash ones, also one for the eldest child.
Filled the house with Plasma everything.
Now the money has gone.
The weekly rent is about 3 x the house payments and can only go up.
I felt like driving around to find these people and slap them around a bit.
But then again, somewhere, a Property investor has themselves a captured tenant.
How good is that.
So, I wonder if they have any friends they may have an influence over…………………?
I feel better now, thanks
Here's the situation.
A family, eldest child just got car licence.
They built their new home just before 1st child was born, nice adequate family home in a good suburb which has undergone massive upgrades recently, new shops etc.
They were way ahead in house payments and that with the value gained over about 18 years, what do you think they did with that equity?
I know what we all would do, but how’s this.
Sold the house and most of the furniture.
Pocketed well over 200k, and moved into a big shinny 5 bed RENTAL home with a pool.
Yep, a Rental!
Payed out of their own pocket for a Bali hut to be built.
Got Mum and Dad a new car each, flash ones, also one for the eldest child.
Filled the house with Plasma everything.
Now the money has gone.
The weekly rent is about 3 x the house payments and can only go up.
I felt like driving around to find these people and slap them around a bit.
But then again, somewhere, a Property investor has themselves a captured tenant.
How good is that.
So, I wonder if they have any friends they may have an influence over…………………?
I feel better now, thanks