Property for Life is an essential guide to the property andfinance decisions that Australian homebuyers and investors facethroughout the various ages and stages of their lives. Propertyfor Life is the story of Jim and Jane and their propertydecisions. The book follows them as they buy their first property,have a family, upgrade to a new home, buy an investment property,downsize to a lower maintenance home when their children leave thenest and finally use property as a source of income in theirretirement years.
As Jim and Jane reach the various property milestones in theirlives, the investing principles and general property and financialoptions available and the pros and cons of these are covered.
Issues covered include:
* saving for a deposit
* securing a mortgage
* mortgage insurance
* researching the market
* scouting the market
* negotiating the purchase
* preparing your home for sale
* developing an investment strategy
* reducing debt
* tax effective investment
* asset protection
* maximising cashflow
* planning for retirement
* dealing with life changes eg having children, working foryourself
Through Jim and Jane's story, Property for Life brings ahuman dimension to property investing that other books lack.Regardless of whether you are part of a couple, or what age andstage you are at in your life, all readers will be able to identifywith Jim and Jane's situation and draw knowledge for their ownproperty investing journey.