Sunday, January 16, 2011

5 Step Plan to Take Over the Universe!

Well Hello!

So, I kinda haven't blogged in months, but I can explain. I was overseas. That said, looking at my last blog, things have changed, gone up and down, and kinda ended up in a very similar position. Ah travel, how you ruin our perceptions.

SO! I won't bore you with where my friend and I went, as I don't have any pictures, because my friend has the camera, and he can't get it to work. Balls. BUT, I did discover a 5 step plan to own a house in a couple of years, and from there, take over the universe.

I say discover, because I didn't really think of it, the bones of the idea just popped into my head, and I embellished. But I guess the main reason I didn't dismiss this out of hand without thinking about it is because, for the first time when I went travelling, I left the country missing home. Maybe it's the people I've met this past year. Maybe I realised I actually have no problem with growing older here. Maybe I have set up everything here already. I don't know. But I do know that today, when I thought about how to aquire a house here, I enjoyed planning to stay here for the next 5 years.

SO! My five step plan starts when I get back from England (I leave in a week, to spend ALL my money my grandma put aside for me. Instead of saving for, say, a house. Can anyone say 'Irony'?). It goes like this:

STEP 1: Work your ass off for 2 years, save $40,000.
I have never had a fulltime job. I enjoy not working the normal hours others work. And maybe I will continue this by working at a bar or something, but I plan to work full, 40 hour weeks. Man that sounds scary! Also, working at a bar or a store earns you around $40,000 a year (or $800 a week). I have survived this year on around $200 a week. At one point I was earning $400 a week and I saved a grand a month. Give me twice the salary, I save $400 a week, I end up with $40,000 in 2 years. Easy.

STEP 2: Buy a $500,000 house.
Borrow 10,000 from parents, friends, charity, bums, whoever. Then grab a half million dollar house with a 10% deposit. Oh yeah. Make sure it's a house I would like to live in (because eventually I will)

STEP 3: Find people to rent my house
In Perth, prices are ridiculous, so it shouldn't be too hard to find people who will rent the house off me, and charge them enough for the repayments on the mortgage (maybe plus a little for my hard work)

STEP 4: Grab a second house as a booster
Use the first house as collateral, use the same mortgage-rent trick as before, wait 2 years for the house price to go up, kick out the tenants, sell the house, put it towards the first house. Hopefully, by that stage, most of the house is paid off.

STEP 5: Move into house. Take over universe.
Being used to paying rent, this last year of greatly increased rent should be bearable, because I will be paying off the last of my house. Job done. Take over th universe.
The End


Now, this is not a good plan. This is not the best plan. But it is A plan. Which I have not had before. I call that a win :)


Jonathan

2 comments:

  1. Dude!!!

    Awesome decision!

    check out my new blog! www.ownthenoobwithin.com

    Go see Rory O'Rouke realty. He does seminars every second Wednesday. He is also just down the road from you.!

    wicked!

    ReplyDelete
  2. Awesome blog, bro! I shall check out the Realty when I get back :)

    ReplyDelete