Total Members: 159,129

Bala

  • Bala started the topic Rent to Own – Questions in the forum Creative Investing 7 years, 4 months ago

    Hi,

    I am thinking of putting up my investment property (current let out for rent) in the market on a ‘rent to own’ deal. This is the first time I will be doing such a deal, so here are a few first-timer questions (at the risk of sounding quite basic for some of the long-timers here :))

    1. Who would be preparing the paperwork in this case?…[Read more]

  • Bala started the topic Private Lenders in the forum Finance 8 years, 4 months ago

    Hi all,

    Do private lenders offer the same 30 years tenure for investment property loans? And also, does any of them provide 100% LTV?

    Thanks
    Bala

  • Bala replied to the topic Advise on re-structuring our finances in the forum Legal & Accounting 8 years, 4 months ago

    Thanks much Corey and Terry for taking time to respond!

    Also, can overseas family members be included as beneficiaries in a trust? In such a case, if any part of profit earned in Australia is passed on to them (into their overseas bank account), would Australian income tax laws apply? Or would it be taxed at their home country?

    Thanks
    Bala

  • Bala started the topic Advise on re-structuring our finances in the forum Legal & Accounting 8 years, 5 months ago

    Hi All,

    I am just starting out in the property investment arena after being inspired by Steve’s book(0-130 in 3.5 yrs). To begin with, I am thinking of restructuring my personal lifestyle home before I setup a family trust.

    I bought a townhouse for 680K that got settled in January 2016, 10% deposit arrangement. The property was valued at 730K…[Read more]

  • Bala started the topic Advise on re-structuring our finances in the forum Legal & Accounting 8 years, 5 months ago

    Hi All,

    I am just starting out in the property investment arena after being inspired by Steve’s book(0-130 in 3.5 yrs). To begin with, I am thinking of restructuring my personal lifestyle home before I setup a family trust.

    I bought a townhouse for 680K that got settled in January 2016, 10% deposit arrangement. The property was valued at 730K…[Read more]

  • Bala started the topic Advise on re-structuring our finances in the forum Legal & Accounting 8 years, 5 months ago

    Hi All,

    I am just starting out in the property investment arena after being inspired by Steve’s book(0-130 in 3.5 yrs). To begin with, I am thinking of restructuring my personal lifestyle home before I setup a familiy trust.

    I bought a townhouse for 680K that got settled in January 2016, 10% deposit arrangement. The property was valued at 730K…[Read more]

  • Bala started the topic Advise on re-structuring our finances in the forum Legal & Accounting 8 years, 5 months ago

    Hi All,

    I am just starting out in the property investment arena after being inspired by Steve’s book.(0-130 in 3.5 yrs). To begin with, I am thinking of restructuring my personal lifestyle home before I setup a familiy trust.

    I bought a townhouse for 680K that got settled in January 2016, 10% deposit arrangement. The property was valued at…[Read more]

  • Bala replied to the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 5 months ago

    Hi Terry,

    Been reading your comments and find them to be extremely informative. Thanks for that!

    I have a question related to the trust set up. Is it possible for me (assuming I am the director of the trust company) to appoint my minor child as a beneiciary of the trust? Or should I wait till he turns 18 to have him included?

  • Bala became a registered member 8 years, 5 months ago

Bala

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