[phill666Member@phill666Join Date: 2012Post Count: 10]

November 28, 2012 - 7:20 am

Yes your right my wording is out of whack,

What im trying to say is can we use our super as some form of equity to borrow money from a lender?

And it was advertised on the tv about sun super getting an award. not sure how on the stats though. Iv been out of the country for 3 years and only just returned a few months ago.

[phill666Member@phill666Join Date: 2012Post Count: 10]

November 20, 2012 - 9:26 am

pretty much dead wood with this one

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November 20, 2012 - 9:10 am

sup bro.. im a kiwi in sydney and im a builder.. what you can do is 'employ' someone like myself but the thing you do is apply for an owner builders licence.. so basicly you are the one building your home or doing renos.. the trick is, 'for example' i do the work but youd have to pay 'me' out of your account as cash and lable it as another expense from your account… that way you avoid all the builders fees, goverment charges and GST

you would have to purchase all the materials, plans, drawings.. etc etc or what ever it takes to do the job has your name all over it

 

to apply for the owner builder license is pretty cheap and done through the council

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November 20, 2012 - 9:03 am

what i would do is purchase a ticket to the isle on man off the uk or isle of White..or even some other islands over in europe that arent under the European union laws… go open a bank account. you might want to set up an overseas address where your 'residential address' will be.. this is merely a middle man as these addresses are set up for you in order to open an account. if you want to draw on your account your respected institution will send you a letter containing a check labled 'gift' as you cant tax gifts.. clearly its your own money coming back into the country. makes sense? if yourv heard of this before its because everyone with half a brain was doing it in the UK to avoid paying tax..  the banking institution still made money as they charged a higher fee than the mainland banks but a lot less than getting taxed..

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November 19, 2012 - 7:32 am

i wouldnt do it.. any income provided by a defacto partner that is used to assist your asset will become divided up in a court if you split up.. dont do it.. rent out your property and go like somewhere else with him that way you are protected from him taking half your assets

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November 18, 2012 - 5:29 am

you dont to be a real estate agent to learn the game bro.. if i was you id study at home the real estate market.. if you become an agent youll have a very low base wage and work on commision which may take months before you make a sale depending on where you live. given your situation with a young family i doubt you could afford to be on a base wage for a few months before making a sale at which youd only get a % of as the principal at the agency you work for also gets a cut of your sale also.

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November 18, 2012 - 5:11 am

i think those people are the ones that probably are too stubourn to learn new tricks.. and given the markets constantly changing, its not always the way of the wise that sometimes catches the early worm so to speak.  Im 30 and have sustained 2 investment properties and I barely know the ropes yet. the people i listen to the most are my Dad and people such as yourself that are easy to talk to.. everyone else has to earn my respect and if  they talk to you like that then i suggest finding other people to talk to. 

Dont hurry into anything, take your time, do your research and study the market or area your willing to buy.. that way you want have to listen to anyone esle but your mortgage broker

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November 18, 2012 - 5:06 am

hi mate.. im a builder and reno's on your bathroom is a good way to add value easily. Id recommend looking on websites and finding out what sort of materials youd like to replace your existing bathroom. EG ikea and bunnings can give you cheaper but fashionable items. all you need is the dimensions of your reqiurements. This is not something Id do as a DIY job but you can do a lot of the work yourself if you needed to but ordering kitset stuff from ikea or bunnings

regards

Phil