noddynol replied to the topic latest update for Finance for Trusts! in the forum Finance 15 years, 3 months ago
try rams and citibank for hybrid trusts
noddynol replied to the topic What Insurance Is Reliable in the forum Value Adding 15 years, 3 months ago
well insurance is all about risk so I thought about what risks I felt were "more likely" than others.The main risks I felt I had were not things like fire or theft, the main risks were: -tenant default ie skipping town or not paying rent-damage to property by rogue tenantSo I took time to read the sections of the various wordings as to what is…[Read more]
noddynol replied to the topic Working out Weekly Shortfall – (Correct Method for Budgeting Property Cashflows inclusive of tax deductions) in the forum Finance 15 years, 3 months ago
yep i realise there are stacks more possible deductions such as repairs & maintainance, loan costs, travel etc etc ..had just kept a simple list for the purpose of the example..so in principle is the formula correct?
noddynol replied to the topic Property Investing through Self Managed super funds in the forum Creative Investing 15 years, 3 months ago
i just read this book on the topic – which was very basic but still worth a readhttps://www.accounting.eknowhow.com/channaylor/html/s13_shopping/view_product.asp?id=23&nav_cat_id=7&nav_top_id=&dsb=76
noddynol replied to the topic renting and never having a PPOR?? in the forum Creative Investing 15 years, 3 months ago
one thing too: As humans we tend to spend money needlessly on our PPOR and by renting we are not tempted to spend money on that extra garden or super-dooper kitchen (that we really dont need)so i have stuck to renting whilst having IP's in the background building wealth.i like it purely as a good discipline.
noddynol replied to the topic What Insurance Is Reliable in the forum Value Adding 15 years, 3 months ago
hi jaffasoftmate i work in the insurance industry and have done for my whole career. I recently did some homework comparing landlord policies for my own properties and there are some significant differences between insurers. At the end of the day, people whinge about insurance companies but these people never open their policy booklets to u…[Read more]