A close friend of mine requested I write a post on this topic. I hope you find this useful. Let me construct a scenario for you. You are a few years away from retirement. Along with some modest savings, you also own your primary residence, which should be paid off by the time you retire. […]
What You Should Know About Reverse Mortgages Before You Retire Read More »
In an earlier post, I wrote that one of our Airbnb listings was destroyed. There was extensive damage done to furniture, appliances and even some of the doors. After we got over the initial shock, I commenced the process of filing a damages claim. This was the first time I made a claim through Airbnb,
How To Successfully File A Damages Claim with Airbnb Read More »
I’ve been through several life stages, each presenting its own challenges and opportunities. My first career saw me rise through the ranks quickly and provide me with real responsibility. Then came my foray into business entrepreneurship, which resulted in failure as well as personal growth. Following that was perhaps the greatest risk taken thus far;
My Life After Real Estate Read More »
As we quickly approach the end of 2021, it’s time to set goals and expectations for the year ahead. For some of you, owning your first home may be part of your goals. I would encourage you to consider the following advice before pulling the trigger on that first home. Be Prepared For Delays and
My Advice For First Home Buyers in 2022 Read More »
When my son asked my advice on career pathways, I told him two things. The first was to pick a profession that provides challenging opportunities to learn and develop. The second was to find a profession with a steady income and high earning potential. Now this may sound like shallow advice, as money isn’t everything.
Why You Need More Than A Steady Income For Retirement Read More »
It’s a commonly held belief that wealthy people fund their extravagant lifestyles from their personal coffers. However, the reality couldn’t be further from that belief. There are two incontrovertible truths about the wealthy: They value assets over income They don’t spend their wealth, but instead accumulate The following post outlines how real estate keeps wealthy
How Wealthy People Use Their Property To Remain Rich Read More »
Wherever you look these days, the narrative is the same. Home prices are simply too unaffordable for the younger generation. This national sentiment is expressed by not only younger individuals, but their parents and older generations. So how can a young person, who is seemingly up against all odds, get into real estate? One answer
Can ‘Rentvesting’ Help Millennials Make A Start in Real Estate? Read More »
You must have heard of the 30 percent rule at some point in your adult life. Whether it’s from a parent, or friend, or Youtube video. Chances are the 30 percent rule has come up. For those unfamiliar with the reference, ’30 percent’ is the general rule of thumb for how much of your salary
It’s Time To Re-Think The 30 Percent Rule Read More »
A few weeks ago, I wrote about why builder’s indemnity insurance was so important. Well I’ve recently received further information about the administrative burden builders face in maintaining said insurance. I’ve summarised this below and given my thoughts as to why homeowners should be concerned. The administrative challenge in maintaining builder’s indemnity insurance I mistakenly
How Builder’s Indemnity Insurance Could Impact Your New Build Read More »
Perth in the early 2000s was a stark contrast to our previous home in India. For starters, Perth completely lacked the urban sprawl that a city like Mumbai offered. You couldn’t really mention urban living and Perth in the same sentence, given the entire central business district (CBD) spanned one single street! Over the past
Why Urban Living May Never Work In Perth Read More »
