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.

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!

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]