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  • Profile photo of JannazoJannazo
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    @jannazo
    Join Date: 2012
    Post Count: 5

    Thanks for that Richard, I better get some more quotes.:)

    Profile photo of JannazoJannazo
    Member
    @jannazo
    Join Date: 2012
    Post Count: 5

    Hi All, thanks for your comments. the initial cost is $1700 to set up a Self Managed Super Fund. in order to borrow I need a corporate fund and a bare trust in order to get a loan through my SMSF to buy a National Rental Affordabiltiy Scheme property. That is where the extra expense comes in, up to about $5500 including the initial set up cost. It sounds a lot, but I was wondering if anyone out there has done this and knows if this is a fair cost?

    Profile photo of JannazoJannazo
    Member
    @jannazo
    Join Date: 2012
    Post Count: 5

    The best way to get the word out to beware of Park Trent and other such high pressure companies is to send our complaints to Today Tonight or A Current Affair. They were also taken to court which apparently they are appealing. I think there enough complaints that if we all called or emailed these shows, they might take it up as a story and many people will save their hard earned money

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