Total Members: 159,187

silverbullet77

  • 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, 1 month 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]

silverbullet77

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