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Articles by Peter Boehm
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
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The 5 Ups and Downs of Downsizing
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...
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Is Buying a Tenanted Residential Investment Property a Good Idea?
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...
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5 Things You Can Do When You’re Priced Out of a Market
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...
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What’s The Difference Between Average and Median House Prices?
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...
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10 Options if Your Property Doesn’t Sell
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...
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How to get the best price for your property when you sell
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...
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10 Signs a Property Has Problems – Part 4
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...
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10 Signs a Property Has Problems – Part 3
In this series of articles we look at the 10 key problem areas to identify before you buy property. Over the last 2 days we’ve looked at: 1. Water Damage 2. Uneven Floors, Walls and Ceilings 3. Foundation Problems 4. Plumbing Issues This article looks at the next 3 areas: 5. Driveway and Paving Problems...
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