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  • Profile photo of ScrufffScrufff
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    @scrufff
    Join Date: 2007
    Post Count: 4

    Thank you everyone for your help. I thought it was one of those too good to be without a catch jobs. I did do my own research on it and estimated the price was about 80K over and rentals were $100 a week more than median for the area. I think, beside the over pricing that they included at least 1 years rental in the cost. If it came to them having to pay us the rental guarantee they'd only be paying us back our own money. Needless to say we didn't go ahead with it and they didn't object when I told them why not.

    Scrufff

    Profile photo of ScrufffScrufff
    Member
    @scrufff
    Join Date: 2007
    Post Count: 4

    Thanks Cameron. I've got an appointment with one on Monday so I'll check it out.

    Scrufff

    Profile photo of ScrufffScrufff
    Member
    @scrufff
    Join Date: 2007
    Post Count: 4

    I want to get into property investment and I am currently reading and studying Steve's book 260+ properties in 7 Years. Please tell me where I can find all the details about these trust accounts, like  setting them up, risks, pros and cons etc.  I would like to keep my personal and investment assets separate for protection as Steve described. I think it makes good sense.

Viewing 3 posts - 1 through 3 (of 3 total)