Forum Replies Created
Thank you all for your views, your information and experience helps me immensely. Thank you also Richard for your comments, much appreciated as I did not know that.
Thank you both for your advice. I will definately be doing more research and appreciate your answers.
Terry, you said you would never buy property without using a trust, can I ask why?
Richard, I was under the impression that it would increase borrowing capacity. (That was the main reason I liked the idea) It was explained that the debt would be in the name of the company as trustee and the directors act as guarantors for the loans. Once you exhausted your borrowing capacity with one bank, you could then set up another trust and go to another bank. I thought that the directors' incomes could be used multiple times because the directors only have to guarantee to repay the loans.
Hi Richard
Thanks for your quick response. I am talking in regard to property, finding out what a particular area is going to do in the future, in regard to growth, infrastructure etc. What is the best way to go about it and who should I talk to? We are located in Alice Springs and my research will need to be done via the internet and phone.
Thank you
RaewynHi there,
We don't have any investment properties yet but would like to start investing this year. It has been interesting and helpful reading what everyone else has been doing. I have read books for months and months but have been procrastinating.
Can anyone help me with suggestions as to what web sites and/or other areas that have the information I need to go to do my research????
Thanks heaps
Raewyn
