by Property Planning | Oct 9, 2022 | 3. Lifestyle 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... by Property Planning | Oct 9, 2022 | 3. Lifestyle 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... by Property Planning | Oct 9, 2022 | 3. Lifestyle planning, Property Planning Resources
Timeline As part of determining your lifestyle strategy, you need to consider the timeline for your home purchase and whether the home will be your next property purchase or delayed until further down the track. If your next purchase will be an investment, then you... by Property Planning | Oct 9, 2022 | 3. Lifestyle 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 Property Planning | Oct 9, 2022 | 3. Lifestyle planning, Property Planning Resources
Selling a property to buy your home Selling property is one of the killers of financial wealth and prosperity for many Australians due to the high transactional costs. You should consider whether your existing home will maintain the equivalent rate of capital growth...
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