Property for Life is an essential guide to the property and finance decisions that Australian homebuyers and investors face throughout the various ages and stages of their lives. Property for Life is the story of Jim and Jane and their property decisions. 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 the nest and finally use property as a source of income in their retirement years.
As Jim and Jane reach the various property milestones in their lives, the investing principles and general property and financial options 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 for yourself
Through Jim and Jane's story, Property for Life brings a human dimension to property investing that other books lack. Regardless of whether you are part of a couple, or what age and stage you are at in your life, all readers will be able to identify with Jim and Jane's situation and draw knowledge for their own property investing journey.
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