Peter Boehm was the Finance Editor for Onthehouse.com.au. & has more than 30 years' experience in banking and financial services - Visit www.onthehouse.com.au
There may come a time in your life when you have to (or choose to) relocate, whether it be for professional or personal reasons, and you are faced with the decision on what to do with your family home. Should you sell? Or should you retain it and rent it out? People are most often…
I’m a big believer that property investment can be a worthwhile and rewarding experience. Financially, it can provide excellent longer-term returns through capital appreciation while the monthly rental income can help offset property holding costs. Personally, you can get a lot of satisfaction and comfort knowing that if you’ve invested wisely your property can provide…
Financial independence is something we all dream about, especially in today’s often challenging and uncertain economic environment. We become financially independent when the income generated by our assets exceeds our day to day living expenses. Sadly many of us do not and will not have sufficient assets now and when we retire (for instance through…
At some stage in our lives we’ll reach a point when it’s time to consider whether we should downsize to a smaller home. This important decision point can arise for a number of financial or personal reasons. More often than not, it’s because we’re heading towards retirement or the kids have moved out and the…
When buying an investment property, is purchasing one that is already tenanted a good idea? The short answer is usually yes because after all that’s what you’re after – someone to support your cash flow by helping you meet your monthly investment loan repayments. But buying a property with a tenant can have some downsides…
Then, after a while, you could move into a bigger and better property with the help of equity growth in your entry-level home, any additional savings you managed to accumulate and through increased borrowing power and affordability as your family income improved. Those were the days! My wife and I used this strategy we…
When reading articles or listening to experts talk about residential property, you will come across terms likes “average” or “median” prices. These may seem like interchangeable terms, but they are in fact quite different and it’s important to understand this difference. So, what is the difference? The best way to explain the difference between average…
Unfortunately, not all properties sell the first time they’re listed for sale, even in a hot market. Those that do sell can go pretty quickly, while those that don’t can languish on the “for sale” register of selling agents for some time. Around 20% to 30% of properties fail to find a buyer. Whatever the…
If you’re planning to sell up you’re going to want the best price for your property. So how do you go about getting the best price possible when it comes time to sell your home or investment property? That is, one that will attract buyers and give you the return you seek. Part of the…
When it comes to buying a home or an investment property, it is vital that you conduct a thorough inspection before you sign on the dotted line – to ensure you don’t buy a lemon. Just because a property looks good on the outside, it could have serious defects that may not be immediately obvious…
Copyright Michael Yardney's Property Investment Update | Disclaimer,Refunds & Privacy information
