Thank you Terry. That helps me make better sense of things.

Jo

• This reply was modified 8 years, 9 months ago by  Jojo.

Hi Terry,
Thank you for answering. I was a bit worried it was a silly question. I have a lot more to learn about trusts and the decision to start investing through the use of a trust or in one or more of our names. I finished reading my copy of ‘O to 130 Properties today and have been doing further online research into the topic of ‘trusts’. We are a couple, no kids, one works FT, the other casually. I noticed on one of the threads someone suggested a trust could be set up as a holding company? Do you or does anyone know how that works?

What if I need access to my positive cash flow profits and they are tied up in a trust with a company as a beneficiary that can only pay a wage? Are there work arounds? I remember reading in one of Steve chapters if you start investing in your own name and then move over to a trust it makes it harder to keep getting loans? Is there somewhere I can go to do more research on this topic?

I own zero investment properties and am keen to get under way.

Hi Benny,
Thank you. Very interesting. It sounds like something that may work for us. I will talk to the Real Estate Agent about this. I predict one maybe two may stay and one will definitely leave. Which will work perfectly given that we want to live in one and it should not be too difficult to find a tenant for the other. In what ways will this change the dynamics when we go to negotiate a price with the owner?
Jojo