TerryHaving properties both in trusts and out of trusts my answers would be…….1. depends you need good advice and use the right trust for your situation2. no – in perspective they are not expensive and as per many things in life you get what you pay for – work with a specialist in the area and not just any old accountant whose practice is not…[Read more]

Hi Islandgirl

I have read 20 or so books on property investing (including Steve and Margaret) and attended many seminars. Both Steve and Margaret come across to me as single approach prescriptive “religious zealots” to me.

My suggestion would be to keep absorbing information, keep reading and realise that no-one is “right”.

There are many…[Read more]

I set up a company AND a unit trust in the last 10 days through an accountant for $1200 total. You shouldn’t be paying any more than that.

Intriguing thread for a Property Investor site!

A couple of years ago I would have been feeling guilty telling you I recently bought a brand new Subaru Outback with EVERYTHING, leather, cd, sunroof etc.

I LOVE it.

But I realised only recently I have been working my butt off for more than 30 years and the time left to enjoy the nicer things in…[Read more]

Hi Nats12

When I wanted to develop in SA, made an appointment with one of council planners and asked what they would like to see on the land, what the council wanted to happen in the suburb. Got fantastic support, gave me dev plan for council area, told me minimum size for dwelling before they got nervous. Got the direct phone number and email…[Read more]

Hey! this is my first post. Loved reading all these responses.

Whats wrong with the opening line – “I am doing every thing I can to ensure I don’t have to rely on little Johnny and the pension to survive”.[biggrin]