Total Members: 159,196

BongoBongo

  • BongoBongo replied to the topic Matrix Properties in the forum Creative Investing 20 years, 4 months ago

    No Im not “holding out”, rather I am still acquiring information from different sources about this “Matrix” system.

    In response to KP “What is the point of the third party”…I believe that the 3rd Party acts as a go between, between the Investor and Buyer Tenant. The third party “guarantees” the rental payments and rent deposit even if the Buyer…[Read more]

  • BongoBongo replied to the topic Matrix Properties in the forum Creative Investing 20 years, 5 months ago

    Thank you to all your replies.

    From what I understand….

    A contract to buy and sell a property at fixed price for a certain period…say 7 years. And an agreed “guaranteed” fixed income for the investor for the seven year period.

    The Investor purchases the property from the market with a 10% deposit and then uses the property to get a 90%…[Read more]

  • BongoBongo replied to the topic Matrix Properties in the forum Creative Investing 20 years, 5 months ago

    Hello Greg,

    I saw the Domain but it was not that.

    I am looking at being an Investor (The one who puts up the money and holds the title).

    The information I am after is to see if anyone else has heard of this and is anyone actually doing it.

    It “appears” to be a rather novel way to have a PCF property with an agreed sale price.

    Later, I will…[Read more]

  • BongoBongo replied to the topic What’s your structure to buy property in the forum The Treasure Chest 21 years, 3 months ago

    [:)]

    Hello,

    I have set up a Family Trust and attached to an Investment Company (Pty Ltd)

    The Trust purchases property which is kept safe (hopefully) from any personal loss.

    My situation is slightly different as I am a beneficiary of two other Trusts which are attached to two successful companies (I receive untaxed dividends which I send to the…[Read more]

BongoBongo

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