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Post by Premierme on Aug 14, 2014 0:21:30 GMT -5
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Post by Swampy on Aug 14, 2014 8:41:14 GMT -5
He hasn't done it yet, but he's apparently looking into it - there's a difference.
In any case, I have never accepted the idea of buying houses all over the world. A person can only live in one at a time, and, if he did want to travel, he would do better to rent for the time he's there. Otherwise, those properties are just dead weights.
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Post by jerryfmcompushaft on Aug 14, 2014 13:14:27 GMT -5
Yeah - and it's such a crummy little shack, who'd really want to be stuck with it?   |
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Post by Sir John on Aug 14, 2014 13:44:16 GMT -5
Hard assets, not money in the bank or the Government are the way to go now.
A house is a house for generations if you look after it.
Port Macquarie is nice little hideaway if you can stand all that sunshine and balmy sea breezes.
SJ
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Post by hornet32 on Aug 14, 2014 19:53:06 GMT -5
And ugly women .
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Post by Sir John on Aug 14, 2014 20:10:27 GMT -5
You are only jealous!
Ours don't play gridiron without padding! (AND WIN)
SJ
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Post by Premierme on Aug 14, 2014 21:43:40 GMT -5
Actually Boomerang Beach and Blueys Beach nearby are an hour and a half drive from Port Macquarie and behind are Wallis Lake and Smiths Lake, a beautiful natural part of New South Wales, Australia.
Great Lakes Council district where I live.
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Post by Swampy on Aug 14, 2014 22:01:22 GMT -5
But he's gotta travel pretty far just to enjoy the beach, so why not just do it in Hawaii?
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Post by Sir John on Aug 14, 2014 22:42:22 GMT -5
because the beach at Hawaii is crap!
....and the sand came from you guess where.
SJ
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Post by Swampy on Aug 17, 2014 9:48:39 GMT -5
Here's an article from Bloomberg on why you should rent a vacation home, not own. |
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Post by Sir John on Aug 17, 2014 13:45:12 GMT -5
Rather have a house on the beach than a Fixed Deposit in the bank!
..or a US Treasury Bond!
SJ
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Post by Swampy on Aug 17, 2014 17:28:08 GMT -5
Rather have a house on the beach than a Fixed Deposit in the bank! ..or a US Treasury Bond! Buying real estate as an investment is one thing; buying it as a vacation home is another. The point is that, if you want a vacation home, you should rent it, so you will have the freedom to vacation wherever you want. And, if you want real estate as an investment, you can do that too. |
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Post by Sir John on Aug 17, 2014 17:43:11 GMT -5
Yes, we do!
SJ
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