Hi Christine,

I don't have any books to sell you as I have just started my own education, but what I did do is buy Steve McKnight's book and also borrow other books from the library.  Try your local library you might be surprised at what they carry.  Investors on this forum are very generous with their knowledge and resources, so that helps too.

Tess

Hi,

I am new to this forum and hoping I can just jump in on this thread with my question.

My husband and I have had our IP for about 7 years and was originally negative geared but is now almost positive geared and I am now looking into building a positive cash flow property portfolio. 

Should I set up a trust for the properties? Or as Terry suggests above, keep the existing one the way it is, in my husbands name, and set up one for future properties? Terry also alludes to the huge tax benefits of of a discretionary trust, any recommendations where I can  go to get good advice on trusts, accountants and mortgage brokers?

Any advice would be helpful.  Have started reading books and trying to do own research but still feel lost. We have also made some financial mistakes over the years and now want to move ahead but am a bit unsure.

Thanks,

Teresa