keiko wrote:
I would need to read the conditions on how and when you payBut lets say I have a bunch of 5 properties on the same block and the tenants destoy the houses for some reason and they do major damage and it needs to be repaired but they will be vacant for a long time

The only time the leaseback does not cover you is if the property is…[Read more]

keiko wrote:

OzInvest Canberra wrote:

keiko wrote:
what if the unknown happens and the house is not rented for 12 months but ozinvest goes broke on week 1, I might be out of pokcet $30k unless the directors personaly gauranteed it

Thats why we suggest strongly that clients do their due dilligence with the areas. We know that the areas are…[Read more]

god_of_money wrote:
OzinvestSince you are insisted about 10 years rental guarantee… could you post the property in the forum for consideration?

If you have an email address I can send you the links to the properties.

Terryw wrote:

keiko wrote:
what if the unknown happens and the house is not rented for 12 months but ozinvest goes broke on week 1, I might be out of pokcet $30k unless the directors personaly gauranteed it

You also might be out of pocket $30,000 even if the directors guarantee it.

If you pay the $15.00 a week plus Gst you will have market…[Read more]

keiko wrote:
what if the unknown happens and the house is not rented for 12 months but ozinvest goes broke on week 1, I might be out of pokcet $30k unless the directors personaly gauranteed it

Thats why we suggest strongly that clients do their due dilligence with the areas. We know that the areas are solid but know one should go into buying a…[Read more]

keiko wrote:
Please present me with a situation where it wouldn't be in the clients favour (eg. OzInvest not being able to continue with the lease back) It is not a $2 a week propsition as you suggested earlier…………..11 + years is the deal!Well thats an easy one, The company goes broke, and I know of many companies that have gone broke…[Read more]

Qlds007 wrote:
So why dont the Directors provide Personal Guarantees on their product. If they have been around for that long surely they havent got anything to be worried about.

OzInvest guarantee market rent into their clients bank accounts for 10 years and have done so for over 11 years plus. And they continue to do so. They offer clients…[Read more]

keiko wrote:
yes they are great arnt they, if someone offers something and they say there product is good then come on step up and personaly gaurantee it because if you don't then you don't beleive in what it is your selling, I will personaly gaurantee anything I do because I beleive in what I am offering or wanting, any one that can't do that…[Read more]

Qlds007 wrote:
Oh the old $2 Company Guarantee.Yes we had a few of those in Brisbane before the Company went bust and the Directors disappeared.

Yes agreed…that sounds very dodgy. But OzInvest have been here for 22 years and the lease back has been going for over 11 years. No fly by nighters!

keiko wrote:
Hi, how many % are these properties returning?Do the directors personaly gaurantee these lease back deals or only the company?[/quoteIn some cases we are seeing returns in Melbourne, Brisbane and Adelaide of anywhere between 5.00% and 5.50% rental yields.there is a contact signed between OzInvest and the client stating that the…[Read more]

Terryw wrote:

OzInvest Canberra wrote:
Hi. thanks for the question. It is not an insurance product. It is a guarantee by the Company OzInvest. The lease back has been in existence for 11 years and has proven popular with OzInvests clients.

In Prudential Insurance Co v IRC [1904] insurance was defined as existing where one person undertakes,…[Read more]

Hi. thanks for the question. It is not an insurance product. It is a guarantee by the Company OzInvest. The lease back has been in existence for 11 years and has proven popular with OzInvests clients.

Purchasing off the plan is a solid strategy. But as with all purchases you need to do your due dilligence with regard to areas, builders and the companies that you choose to buy through. Tthe new properties will generate a good amount of taxable depreciation! That and the fact that you will have new home warranites to rely on should you counter…[Read more]

Yes it is only residential properties. And only OzInvest properties are included in the leaseback. Having said that I don't want to sound like a sales person(but its what I am so I will give you information as to why the options that OzInvest provide are at least worth a bit of a look). OzInvest do the home work with regard to presenting…[Read more]

shakenbake wrote:
Hi, I know for myself to calculate a "gross yield" just the weekly rental multiplied by 52 and divided into the price. In todays market anything under 5% doesn't really cut it for me and beware the rental guarantee!! I.e. If its such a good area and property wy does the rent need to be subsidized?? Dont think your not paying…[Read more]

OzInvest charge 15 dollars a week plus GST, so $16.50 per week, which is tax deductable to gurantee that you will always have market rent coming into your bank even if the property is vacant.

HiI do work for OzInvest. And I do understand the questions you have and I find some of the ideas posted quite smart. I would be quite happy to respond to any questions you may have on OzInvest for information purposes only. If you do your due dilligence on OzInvest or any company for that matter you can have piece of mind when making what is a…[Read more]