You’re dreaming of finally enjoying a peaceful country abode, far away from neighbourhood noise. Or perhaps you’re keen to begin that lifelong fantasy of a hobby farm or a regional B&B. Either way, approaching lenders for a rustic loan can be a tricky affair compared to buying in the suburbs, so ensure you consider the following.
Rentvesting is becoming increasingly more popular in every part of Australia. Essentially, this concept sees you becoming both a landlord and a renter. Pick your favourite location, virtually regardless of its price, to rent out and at the same time, buy a cheaper property, more suited to your budget, as an investment.
You’ve bought your perfect rural home, which ticks every one of your boxes. You’re loving the peace, quiet and scenery and watching your kids and pets enjoy the great outdoors. What can you do to ensure this dream lifestyle doesn’t fail? Here are some ideas for you.
Your children have left home and they’re now hell-bent on living their own exciting lives. The once noisy family house where you’ve lived for 20-odd years shrieks with memories of kids playing and arguing – while simultaneously featuring echoingly empty rooms and extraordinary silence. Yes, it’s the time of your life you never thought would come: downsizing to a smaller place, and possibly a smaller town. But this move doesn’t necessarily have to be scary and sad.