interesting, if it is true that you can increase your borrowing capacity by increasing the number of trusts/companies that you setup then won’t everyone be doing that?

broker’s commissions have to be transparent to the clients?
the clients are the public?

contradicting the regulations then?
are these information not to be transparent to the customers/public as per the regulations, same as a broker has to show the client exactly what he is being paid by the lender?

if the legal interpretation is no legislative requirement, then will be exactly as the name change from “exit fee” to “crawback” just…[Read more]

I thought aggregators would hand that out just as us brokers are required to handout our credit guides to the retail clients. I’ve met or discussed with all the above aggregators and none has given me that commission sheet. is there a double edge sword here?

I would agreed that capital growth is long term and cashflow is short term.
valuation is merely a value at a specific point in time, and influence by those properties in the surrounding of your property.

at the end of the day, how much a buyer is willing to pay is the value of the property to that buyer. it becomes a subjective…[Read more]

anyone know the variations or differences that the lenders pay the aggregators?
that is, what is the upfront and trail commissions that say ANZ pays to Choice, Plan, Vision, Fast, AFG, Connective, etc?
most aggregators have between 20 to 40 lenders on their panels. are these secret information or are they supposed to be transparent as brokers are…[Read more]

without seeing how someone calculates yield, it’s hard to compare. I’ve seen some that has yield as what percentage is above the mortgage payment, while some has yield as after all expenses related to the property. everyone’s got to be on the same page, to be talking about the same thing.

we have few properties, and we’re trying to get good…[Read more]

everyone may have their goal for rental yield, so what is the average that you aim for?
and when you have a high yield rental property, is it wise to sell it which you would be selling the goose laying golden eggs?

I thought there are sets of questions to ask during the assessment stage?
if it sounds too good to be true, then it probably is?

I won’t be a party to the crime

maybe I was sleeping during Cert IV and Diploma classes when the instructors mentioned about lie detector test to all the clients before we brokers could go to the next step. I would say most finance brokers are not psychics enough to know whether a client is lying or truthful. as a broker I will do my role base on the information presented to…[Read more]

Private company shares are difficult for lenders, they need trust and verification.

so comes down to what TerryW said.

connect the dots for me, i’m trying to understand this relationship

in countries that have strong family laws, adding a spouse to the ownership title is with little issues

Australia very focus on building strong family, but such a big issue to add spouse to ownership title?

one person’s bad guy is another person’s good guy.

what do the general public do with predatory lending by the lender?
why does lender discriminate by charging high interest rate for investment property than for owner-occupy property?

bit more elaboration would help to understand what you’re doing?

do you mean trying to get money for you to buy shares in ASX or do you mean trying to get people to buy shares in your private company?

your concept is interesting, but don’t know if many people out there have the nerves or the ethics to do it
then again Australia’s historical foundation was started by criminals? :D

and family is such a strong emphasis in Australia? :D

Australia don’t have married status?
that’s whatever is owned by one spouse is also owned by the other spouse 100%?

thanks :)

know any Melbourne broker who I can contact to see if he/she could be my mentor?