Hi All,

I am about to decide on a lump sum from my super ($200k) as will cease work this Friday 6 July 2018!

I need ideas on my options:

1. Rollover lump sum to set up a SMSF corporate trustee
2. Rollover lump sum into and setup Family Trust with a corporate trustee
3. Rollover lump sum into PIT – Property Investor Trust (Chan&Taylor) and…[Read more]

@Steven what was presented was an introduction to real estate rescue where you buy properties below market price, renovate and rent out or sell. Properties that are below market value is due to reasons of the seller such as marriage break-up, banks looking for new buyers to service the mortgage etc…for whatever reason, the properties are good,…[Read more]

@Steven what was presented I was an introduction to real estate rescue where you buy properties below market price, renovate and rent out or sell. Properties that are below market value is due to reasons of the seller such as marriage break-up, banks looking for new buyers to service the mortgage etc…for whatever reason, the properties are…[Read more]

Hi Steven

Yes I attended her free 3hr workshop last year held in Sydney city (forgot which hotel) and the strategy she uses is effective if put into practice like all other strategies, learn, train and apply until succeed.

To get her to teach you further training session from the introduction workshop will cost thousands and the reason I…[Read more]

Appreciate Corey and Terry. Yes Terry I think thats the word ‘service’ to qualify for the loan.

Corey will hit you up tomorrow mate.

I’m off to watch aussie ninja warrior on telly :)

cheers

zen

Thanks heaps Corey and Terry, appreciated.

Happy New Years PI Team!!!

Quick question, can a person who bought an off the plan apartment (2nd investment) via $1000 deposit and needs the remainder 5% next month (feb 2017) and have already signed the contract with the lawyer back in october 2016. Can he cancel/terminate the contract due to change in circumstance to his financial hardship and…[Read more]

Happy New Years PI Team!!!

Quick question, can a person who bought an off the plan apartment (2nd investment) via $1000 deposit and needs the remainder 5% next month (feb 2017) and have already signed the contract with the lawyer back in october 2016. Can he cancel the contract due to change in circumstance to his financial hardship and he wont…[Read more]

Hi Denis, in a nutshell its exactly what Benny said.

I attended their one hour meeting via webcam (skyp) & the presenter wanted to mnow my goals, vision and what service they can bring to meet my needs. Example, property, minimise tax, shares, super etc the usual.

After the meeting they mailed the original agreement document for me to sign so…[Read more]

@Jamie, thanks for your article on IO loan for PPOR intention for my place to be an investment property in future. Good to know these tactics.

@Terry, thanks for your examples, great to know the insights before delving in at the deep end.

@Alistair, good article, learning heaps from you guys.

Cheers

zen

Appreciate Colin your thoughts on the options. My conveyancor got back to me with a letter from developer lawyers and they do not want to reduce to $340k. I ask my broker to proceed with the lender, suppose to settle mid-September, and titled end of September and hoping to get a tenant in there during October. my first investment property and…[Read more]

Hi Team PI

Happy Spring!!!

I’m at the same stage, contract price for my first investment property ‘townhouse’ is $350,000 and my broker came back to me with first valuation from PRP $330,000 and the second valuer was at $340k. My initial deposit was $17,500, if I decide to walk away I think I may lose my deposit!

What are my options?

1) Am…[Read more]

Thanks Benny – thanks for confirming the scenarios!!!! Awsome!!! Yes will see accountant re: to distinguish percentage property purchase/inspection vs holiday (seminars, apprenticeships in property, etc).

Thanks Terryw. Looks like one must treat their investments like a business in order to get the applicable/allowable deductions.

Many…[Read more]

Great question Coogee and thanks Terryw – good to know all these info in advance.

zen

Thanks Terryw. I guess having a business in buying real estate these costs maybe deductible.

zen