by Xavier Murtagh | Oct 9, 2022 | 5. Investment Planning, Property Planning Resources
Price range – money goals Your price range should be determined by your Money Goals. Your Money Goals are simply the level of ‘surplus monthly savings’ and ‘available funds’ that you would like to have after you settle on your next property. Most property buyers base... by Xavier Murtagh | Oct 9, 2022 | 5. Investment Planning, Property Planning Resources
The power of leverage The great benefit of investing in residential property is the ability to use it as leverage to purchase further assets that increase your equity and/or income. Lenders prefer to take residential property as security because of its stability... by Xavier Murtagh | Oct 9, 2022 | 5. Investment Planning, Property Planning Resources
Investment becoming home This might allow you to get into the marketplace or a location earlier. A downside of this strategy is that you will have capital gains tax payable on this property because it started out as an investment. You may consider this option to... by Xavier Murtagh | Oct 9, 2022 | 5. Investment Planning, Property Planning Resources
Rent-vesting Rent-vesting could be a compromise for a period of time to allow you to hold investment property(s) whilst meeting your lifestyle goals and trialling living in a different or preferred location and dwelling type. The downside of rent-vesting means that... by Xavier Murtagh | Oct 9, 2022 | 4. Holiday Home Planning, Property Planning Resources
Emotional premium How much should I pay for this property that could be my home? Purchasing a home to live in is a very personal choice. As such, it is worth placing an ‘emotional premium’ on the price you are willing to pay (subject to affordability), for the...
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