Navigating the real estate landscape can be quite daunting and stressful for a first home buyer. Knowing where to start is always the hardest part. I’ve prepared a series of posts to help guide you through this journey, while making successful home purchase decisions along the way!
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 »
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 »
A discussion on the housing market isn’t complete without evaluating its two components. Those components are of course the owner occupier and rental markets. I’ve previously described the merits of entering into each of these sub-markets. However, the following post analyses the interplay between these components, and how they offset each other to remain in
Understanding The Two Sides Of the Housing Market Read More »
It should come as no surprise that home ownership is expensive. However, what may be surprising is the dollar value that you would need to buying a home. The media constantly portrays millennials as being victim to an overpriced housing market. Millennials also represent a material portion of the working population and have decades of
How Much Do you Really Need For Buying A Home? Read More »
When you’ve been in the real estate industry for as long as I have, you pick up a few things. Prior to arriving in Australia, I probably never held a hammer, let alone used one. Now, I frequently fix air-conditioning units, hot water heaters, and other fixtures at my properties. I am certainly no handy-man,
Be Prepared To Make Sacrifices When Owning A Home Read More »
Our first home in Australia was akin to a shoe-box. It was the second-storey of a duplex unit that was barely more than 600 square feet of living space. We affectionately called it our ‘tree-top oasis’. Now we lived here more out of necessity than choice. Having just arrived from India, we didn’t possess the
Why It’s Important To Effectively Utilise your Living Space Read More »
The amount of space you need will change over time. Where you are in life, what are your goals, how much flexibility you need, where you’re located. These are all aspects that will determine whether apartment or house living better suits your needs. I lived in an apartment until my early 40s. I grew up
The Great Housing Debate: Comparing Apartments To House Living Read More »
My wife and I have never missed an opportunity to lecture my son on strong financial hygiene practices. I view it as one of the many pleasures of being a parent. Throughout his formative years, and even well into his 20s, we made sure to throw in a few jabs and off-handed remarks about his
My Advice To 20-Somethings That Are Saving for A Home Read More »
When building a new home, an exciting step in the journey is to complete the pre-start/pre-construction process. If you haven’t been through it previously, it’s akin to your first time in a pastry or candy store when you were a kid! Up until this point in the journey, you would have only seen your home
Home Pre-Start: 4 Things You Must Know! Read More »
