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FYI Asset Partner approach is pretty simple…
1. Establish how much equity you have via a “qualification process”
2. (Provided you “qualify for the government entitlements” they “work with” that “allow you to put your tax dollars back into your mortgage”) book you in for a “presentation” in your house where they talk to you about your financial future and hopes and dreams… Basically they “re qualify” your financial standing i.e. How much equity you have available to lend against…
3. Get you in to see “the closer” I.e. kiwi in a pinstripe suit that will convince you the best way to prepare for retirement is to remortgage, take on a massive amount of debt and invest in their properties in QLD
4. The admin handball to the finance lady (picture the least personable finance person you’ve ever met and then make her less personable)
5. Their “expert/most senior accountant in the galaxy” then helps you to decrease your tax…they will say that some clients aren’t paying any tax…but highly likely those clients weren’t paying much tax in the first place…As has been stated there are investment properties that are a little closer to home that can offer a return.
Only see them if you’re very comfortable with taking on a massive amount of debt because “the closer” will make it sound like a brilliant idea but make no mistake all you are to those people is a commission cheque.
