I Geo,

I think Auckland, and yes would fly over and incorporate a buying trip in the process. All seems good, but just wanting assurance from anyone in this forum.

I was listening to a advertise CD they put out in Kiwi Property Investor (Apr 2004)

Their site is
http://www.richmastery.co.nz

Thanks

Michael Maddy
[email protected]
Canberra, Aus

Hi Staffreid,

Give Aust Central Credit Union in SA. PM me for more details, but they were extremely helpful and lent way more than what my currently ANZ lender would.

Michael Maddy
[email protected]
Canberra, Aus

Grong,

Did you get the elec vers of the game of richdad.com? I have the orig board version, but would be interested in the elec vers for one player games.

Michael Maddy
[email protected]
Canberra, Aus

Terry,

Does this mean you would be able to claim tax deductions through your trust on interest, as the property is income producing?

Michael Maddy
[email protected]
Canberra, Aus

Gilad,

Although I don’t exactly know your situation, one way may be to access your parents equity in their home. Firstly to get the deposit, take a loan from you parents. They tap into their home equity, of which the repayments will come out of your eventualy rent CF (this is why it is important to +CF). Secondly, then apply for a loan through…[Read more]

Thanks to all,

Starting to get the info into some sort of perspective now. Terryw, many thanks for your specific info, that’s was exactly what I was after.

What I did come across in searching for a solution to my trustee challenge, was the possiblity of having a solicitors firm act as an independent trustee. They have established a “Trustee…[Read more]

HI Terry,

Gets complicated doesn’t it? OK so as a sole beneficiary, I’m single and have not kids/other halves etc, is a trust worthwhile at this stage? I plan to buy numerous properties this year.

Do you know anything about the implications on the trustee in regards to their financial implications in the future.

i.e. If I was to appoint my…[Read more]

Thanks Terry,

This was what I was concerned about. I guess I am looking to get the best of both worlds. i.e. Some sort of protection from the trust, and at the same time not disadvantaging the trustee. Following the model in Wealth Guardian, I was considering setting up a $2 company and apoint the director (me) as trustee later down the track…[Read more]