Total Members: 158,326

Jojo

  • Jojo replied to the topic Trusts? in the forum Help Needed! 8 years, 2 months ago

    Thank you Terry. That helps me make better sense of things.

    Jo

  • Jojo replied to the topic Trusts? in the forum Help Needed! 8 years, 2 months ago

    Thank you Terry. That helps me make better sense of things.

    Jo

  • Jojo replied to the topic Trusts? in the forum Help Needed! 8 years, 2 months ago

    Hi Ivan,
    I hear you. Its a fair bit to wrap your head around.

  • Jojo replied to the topic Trusts? in the forum Help Needed! 8 years, 2 months ago

    Hi Terry,
    Thank you for answering. I was a bit worried it was a silly question. I have a lot more to learn about trusts and the decision to start investing through the use of a trust or in one or more of our names. I finished reading my copy of ‘O to 130 Properties today and have been doing further online research into the topic of ‘trusts’. We…[Read more]

  • Jojo started the topic Trusts? in the forum Help Needed! 8 years, 2 months ago

    Can your accountant set up a discretionary trust for you or do you need to involve a lawyer? If you do need to involve a lawyer can anyone recommend one in Wagga Wagga who is accomplished at what they do and upfront about their fees and charges or am I better off dealing with one from Sydney through phone calls and online correspondence.
    Thanks
    Jojo

  • Thank you all for your responses. Sorry about the delay. I am not going through with the units..it does not seem to be worth our while….especially after reading on to the next few chapters of Steves book. I also received a bill from the lawyer today who invited a colleague to come and speak to us about trusts for the last ten minutes of an…[Read more]

  • Hi Benny,
    Thank you. Very interesting. It sounds like something that may work for us. I will talk to the Real Estate Agent about this. I predict one maybe two may stay and one will definitely leave. Which will work perfectly given that we want to live in one and it should not be too difficult to find a tenant for the other. In what ways will this…[Read more]

  • Hi AB,

    Thank you. This is my first investment property and I just joined the forum today!! I appreciate your reply and will be doing some number crunching over the next few days.

  • I am interested in a block of four units, all on separate titles in a good area. However, the owners have just changed real estate agents. The new agents informed me the previous real estate did not increase the rent over a period of 3-5years. One new tenant is paying $200 per week (about right), with the other three tenants paying $130,$160 and…[Read more]

  • I am interested in a block of four units, all on separate titles in a good area. However, the owners have just changed real estate agents. The new agents informed me the previous real estate did not increase the rent over a period of 3-5years. One new tenant is paying $200 per week (about right), with the other three tenants paying $130,$160 and…[Read more]

  • Jojo became a registered member 8 years, 2 months ago

Jojo

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