quote:
Could anyone refer me to any reading material about the benefits and/or the downside of purchasing property as a superannuation fund – it has been mentioned that there are considerable tax benefits in doing this?

One thing I can think of is that generally u cannot borrow money when you purchase via a superfund, so you will have to put up…[Read more]

quote:
I remember at one of The Investors Club meetings a few years ago, someone said something like ‘I rent my son’s property, he rents mine and we both have an excellent tenant’. Seems to make sense if it is where each wants to live and you can always change back if it isn’t working out.

I was at a seminar as someone asked if the “i rent from…[Read more]

quote:
Hi ansonlau

I found this article where Jenman does give his version of why Wraps are unethical:

http://www.jenman.com/NewsNews1.php?id=120

Other than that, I don’t have any comments on Jenman, except to say that he is indeed similar to John T Reed.

Cheers
Mel

Mel thanks for pointing that out. Obviously everyone has their own opinion…[Read more]

quote:
It’s weird that you say you don’t know anything about Jenman’s system but you are sick of Jenman.

I was very clear in saying I was not having a go at his system, but the way he goes after other people.

quote:
Tell me some facts about the facts he has written that you have a problem with.

An example of Jenman’s article that is high on…[Read more]

quote:
Yes he promotes Ethics in Real estate however he also trains people to be proffessional real estate agents and he want the industry to be recognised as proffessionals is that a bad thing.

I would like to know specifically what is so very “Ethical” about Jenman’s system.

Jenman believes agents should be professional and get the best price…[Read more]

Thanks all I’m going ahead with the housing commission area deal!

thanks westan. is it correct for me to do the following:

1. ask the agent to send/fax me a copy of the contract asap.

2. have my solicitor look over the contract and make any changes to it (eg. lower deposit), subject to building inspection, etc.

3. send the contract back to the agent, and get a builder to do a building inspection.

4. sign…[Read more]

quote:
would you say these gurus are high on facts or retoric???

I’ve listened to some seminars (live and recorded) and I actually believe a lot of these seminar people tell you their tried and used investment strategy. Problem is implementing most of these strategies takes a lot of time and for those who has a full time job, the don’t have the…[Read more]

quote:
Ansonlau – methinks you should spend some time at the ASIC website regarding Henry Kaye. He has officially made ASIC’s sh#t list.

Yeah I read just about all the articles from ASIC about Kaye, all I can find is:

1. He says he’s ASIC approved when there’s no such thing as ASIC approved.

2. He teaches Mezzanine finance which he’s not…[Read more]

quote:
i think he is ok. imagine what the world would be like if we didnt have people who question the motives of other people / organisations etc

I don’t have a problem with people not agreeing with each other. In fact I bought Jenman’s book “Real Estate Mistake” and thought some sections are useful even for a property investor.

quote:
just to…

[Read more]