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  • Profile photo of Jannazo

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

    Profile photo of Jannazo

    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 Jannazo

    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

Viewing 3 posts - 1 through 3 (of 3 total)