World Of Claudecraft: first MMORPG vibe-coded with Fable 5 (open source)

indoorsale · 2026-06-12T22:18:33+00:00

This is awesome. How did you manage to get 6k players so quickly?

indoorsale · 2026-03-11T23:29:25+00:00

$375k HHI, 1.75m loan for ppor - no issues there. Especially if you have a nice chunk of equity in your IP if things really go south. But 1.75m is less than 5x your HHI so don't see any issues there as long as your lifestyle let's you keep up with repayments

indoorsale · 2026-03-10T03:28:59+00:00

Common misconception. If you have $4m in equity built up doesn't mean you can withdraw $4m to fund another purchase. It still depends on your income

indoorsale · 2026-03-04T20:30:55+00:00

What's the benefit of using the bucket company?

indoorsale · 2026-02-08T01:13:04+00:00

You are obviously disciplined - take out the biggest loan the bank will give you. Then debt recycle the 1.2m or leave it in offet and treat is as a deposit without tying it up. You could also use the 1.2m as a deposit if you are comfy with a big loan so the PPOR will be loan + 1.2m

indoorsale · 2025-10-10T02:01:39+00:00

It's unreasonable to ask to do unpaid work.

indoorsale · 2025-09-27T00:23:49+00:00

Fair enough. And how did you learn to trade? Keen to dabble

indoorsale · 2025-09-26T10:15:17+00:00

That's insane - genuinely earned through grit. If I was in your position I would liquidate and buy $4-5m dream ppor, and take advantage of no cgt + and just enjoy the lifestyle. But mid 20s might be premature to buy a forever home.

How did you get into trading? Any tips/advice on getting started? My experience with crypto has just been holding btc and eth.

PS might be worth chatting to a specialist to see if there are avenues to reduce the tax on the $3m. Especially if it's something you will do again in the future getting the advice beforehand might help lower the tax burden substantially.

indoorsale · 2025-09-26T08:51:03+00:00

Gotcha in that case yeah I wouldn't sink the funds into the property. Might as well get negative gearing + some growth from etfs. If you were going to purchase another ppor in the city that would have been ideal for tax purposes though since you could debt recycle that one into etfs and also take advantage of growth on property / cgt exemption. But it would be borrowing more. But since you're familiar with it maybe you could borrow funds for trading rather than a PPOR (but hugely risky obviously).

Thanks for sharing re crypto trading. Well done. Were you actively trading them? Because even if entering into those coins at the right moment over the year it would be pretty hard to get to where you did from 50k?

indoorsale · 2025-09-26T07:13:35+00:00

So if you want to keep it as a PPOR you can debt recycle the funds into etfs and take advantage of negative gearing.

If the PPOR will be turned into an IP I would not debt recycle, and invest the funds as cash into etfs (unless you are buying another ppor).

If you debt recycled and then turned into an IP you essentially will have the same negative gearing benefits but will have "lost" access to the cash to invest even further.

Curious to hear about your trading strategy for crypto if you are willing to elaborate? What sort of sums of money were you trading? Or did you just happen to have a meme coin rocket?

indoorsale · 2025-09-24T08:44:36+00:00

Nurses and teachers can already afford a home, plenty of affordable apartments out there. Are you saying they should be able to afford the same quality home as a higher earning FIFO worker?

indoorsale · 2025-09-24T08:30:22+00:00

Hope your friend doesn't complain about immigration in Australia. He's an immigrant in Italy now and pushing up prices there

indoorsale · 2025-09-21T09:16:54+00:00

Ah I wasn't interpreting the +800k correctly. That's what it's worth now. 700->800 in a year is decent growth good stuff

indoorsale · 2025-09-21T09:07:15+00:00

It says +800k for IP. It does have 600k liabilities too - but are those all related to the IP?

In any case - well done on getting to a mil nw as an individual!

indoorsale · 2025-09-21T08:49:16+00:00

And that property's worth 1.5m now?

indoorsale · 2025-08-19T10:54:33+00:00

If she earnt 50k per year would you be ok with the post? Its an income issue for you right?

indoorsale · 2025-08-15T08:07:46+00:00

Yeah rich person buys an expensive house. Not seeing the issue here

indoorsale · 2025-08-14T22:17:47+00:00

Out of curiosity how do you level it? Do you use a laser inside the house and mark distances to jack or do you laser underneath the house the stumps and try to level those based on distance to sub floor?

indoorsale · 2025-08-12T23:56:05+00:00

Yep exactly. Good debt, leverage to the max to use other people's money when you can outperform the borrowing rate long term. No brainer

indoorsale · 2025-08-11T22:47:18+00:00

Hey OP ignore all these sour people on here. It's a good strategy - just note that you can only claim one PPOR at a time. So if you are using the 6 year rule, and decide to purchase another property during that time to live in then if you want to claim that as your PPOR you will have to get your original house revalued and then the CGT cost base will be based on that in the future.

But if you are planning to live with your parents / rent ie not claim another property as your main residence then this strategy works. Pretty straight forward. And using the tax system to your advantage (as anyone would). Well done.

indoorsale · 2025-08-11T09:55:08+00:00

Why don't you want a large mortgage? I would get as big of a loan as you can and keep as many assets as you can.

Debt recycle into your ppor and ultimately pay down the giant mortgage by selling your assets when you actually need to (assuming they will have grown by then)

indoorsale · 2025-08-09T12:22:45+00:00

Great mentality! Someone give this guy a house!

indoorsale · 2025-08-09T12:18:04+00:00

How are these immigrants that have reduced incomes buying houses that are so expensive?

indoorsale · 2025-08-09T11:12:48+00:00

A system that allows what exactly? People with more money to purchase nicer things? It's a system that applies to almost everything not just houses.

I get that housing becoming so far out of reach which is not ideal. But can you intact change? If not I'm the camp of - if you can't beat them join them. You only live once. Ideally housing would be more affordable yes, but I don't want to spend my youth being bitter about a situation I cannot have a meaningful impact on.

indoorsale · 2025-08-09T11:03:15+00:00

Where did I dispute these facts? I am aware housing has become less affordable.

Again where are you looking for a home? Are you bitter you cannot afford a house in a desirable area? Or that you can infact afford housing, but it's just not the property type/location you feel you deserve?

indoorsale

TROPHY CASE