silverbullet77 replied to the topic Using the FHOG for investment properties in the forum General Property 21 years ago
The recommended website is down so not sure but I did hear a story…
Buy unit with tenant on 10 or 11 month lease to go, take rent for this period and then move in before 12months is up.
I do not know the legalities of this strategy and it may well be fraudulent as well. Will wait for website to come back online.
silverbullet77 replied to the topic when to setup a trust? in the forum Hotch Potch 21 years ago
If I could get both that would be pretty good! But to select between the two I would choose asset protection.
Any idea on the costs of setting up a trust? – edit: sorry, just found out in another post!
silverbullet77 replied to the topic Cashflow 101 game in the forum Opinionated! 21 years ago
I actually have bought the egame from powwow – $194 all up.
Its quite good fun to play and interesting to see how poor cashflow management can get you into trouble easily.
Its excellent practice on Richdad’s financial statement – where downpayments, total cost and cashflow all go. But I am unsure how this relates to accounting in the real world…[Read more]
