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  • Profile photo of emilovemilov
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    @emilov
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    March 8, 2011 - 2:51 pm

    Mate, it’s long gone :), over a year ago.
    Cheers, Emil

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    February 25, 2010 - 3:15 am

    Mate it is. I just sent you an email.
    Cheers, Emil

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    February 10, 2010 - 11:13 pm

    Hey :)

    More info on the course you can find here:
    http://www.financiallyfree.com.au/massive-passive-pack.htm

    As to pricing, well consider how much is it worth to you to have this knowledge at hand. Right now Rick is asking 4500$. I got it for 3500$ back then. You can have it for less. Just make me an offer and we can talk.

    Cheers, Emil

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    February 10, 2010 - 10:43 am

    Andrew hey,

    Thanks for clarifying (and refreshing the thread ;-) ). While it is true that it concentrates on lease options and sandwich leases, there is a section on wraps in there. Also, the recommended layers do know how to draw up an agreement for a wrap.

    Cheers, Emil

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    December 11, 2007 - 9:13 am

    Ok then,
    I'll give you a call tomorrow :)

    Cheers,
    Emil

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    December 11, 2007 - 7:22 am

    Hi Richard,
    It's in Sunnybank Hills, QLD. Why?

    Cheers,
    Emil

    Profile photo of emilovemilov
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    December 10, 2007 - 1:02 pm

    Hi Rob,
    Sorry but what is ge? Is that a lender? Do they have a website or something?

    Cheers,
    Emil

    Profile photo of emilovemilov
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    December 10, 2007 - 12:07 pm

    Hey thanks for the reply :).
    Any idea which one? I already have one which is maxed out (yeah, everything costs more & takes more time…). So, since I have to tell the (new) credit card company of that they might decline my credit card application and there goes my credit rating down…

    Any other ideas?

    Thanks,
    Emil

    Profile photo of emilovemilov
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    August 14, 2007 - 1:35 am

    Short & to the point 

    Thanks,
    Emil

    Profile photo of emilovemilov
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    June 2, 2007 - 10:45 pm
    Hi Paul,
    Thank you so much for your interest :).
    What sort of deal are you offering?
    (I would have sent you an e-mail but there was no address in your profile. Feel free to answer this over e-mail. My e-mail address: [email protected])
    Thanks,
    Emil
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    June 1, 2007 - 4:33 am

    Thanks Richard,
    I just sent you an e-mail.

    Cheers,
    Emil

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    June 1, 2007 - 2:27 am

    Thanks Richard,
    Helpful as always :)

    The problem is, I just found out yesterday that I won't be able to get a 85% low doc because I don't have 2 ( or 1 for that matter) years of ABN. The best low doc I can get, so two MBs told, is 70% which is too low (private sale, owner wants a certain amount in cash).

    So the above deal can't work for me unless I find someone to do JV with me and finance it. Would you know somebody like that? I posted a thread asking how to find JV partners with equity and/or neg. geared properties which they wish to wrap. It would be great if you could have a look and give me your opinion :)
    Here it is:
    https://www.propertyinvesting.com/forums/property-investing/general-property/4320888

    Thanks,
    Emil

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    April 22, 2007 - 10:05 pm

    Aha, let me see if I get that right:

    So I go to my current lender and ask him for a (new and separate) account for my trust which is to serve as an offset account against the existing loan for my PPOR? Does the trust account need to be something special (like business, money management or whatever else they call it)?

    Thanks,
    Emil

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    April 21, 2007 - 5:57 am

    Hi Guys,

    Let me clarify, I use Suncorp for my daily stuff (salary & co). I won't be using them as my lender, my MB is currently taking care of finding me the right lender.
    What I inquired about is an account for my business needs i.e. the wrapee pays into it and I pay my loans out of it. I have a trust now and every prop I wrap will be in that trust's name. So the account I was asking about is for that trust and the needs I outlined above.
    So, in that regard, any bank/account recommendations?
    Cheers,
    Emil
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    April 15, 2007 - 9:47 pm

    Hi Beck,
    Both ideas sound interesting. Could I trouble you to explain some more? (or alternatively point me to a reliable source of information)

    Thanks,
    Emil

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    April 15, 2007 - 12:47 am

    Hey Terry,

    Thanks for the comprehensive answer. I was suspecting it would be something like that.
    Cheers,
    Emil
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    April 14, 2007 - 3:59 am

    Hm, I hadn't though of that. I thought there would be a way with me being her husband and earning he higher salary. Is there no way? If not then we _have_ to create a trust to be able to distribute the income.

    What are your thoughts?
    Cheers,
    Emil
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    April 14, 2007 - 12:12 am

    Thanks Richard :)

    I was just thinking about the first one or two (which would be on my wife's name because she does not earn that much). 
    For the further props I'd set up a trust but now that I'm starting with not much, every dollar counts.
    Cheers,
    Emil
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    April 13, 2007 - 10:06 am
    Hey Guys,

    I asked my MB. He won't be disclosing the fact that we're doing a wrap. In fact he said "If you know any bank that would lend for wraps, let me know". So as far as the banks are concerned, I'm going to rent out the property. That is a pity because I'll reach sericeability limits. I hope to have enough deposit then to do low docs. I guess that's the way to go.

    Cheers,
    Emil
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    April 13, 2007 - 5:17 am

    So it's the size (of the portfolio) that matters most?
    I guess what I'm asking is at which point the bank turns around and starts asking you if you want to borrow some more…

    Cheers,
    Emil

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