Since 2001 | Total Members: 161,331

Richard Taylor

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Terry no I that is not the case.

    Many lenders (AMP are a good example) get you to confirm that you either have not given any advice in relation to an offset product or you are licensed to provide the advice.

    Rather ridiculous in my opinion.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Terry no I that is not the case.

    Many lenders (AMP are a good example) get you to confirm that you either have not given any advice in relation to an offset product or you are licensed to provide the advice.

    Rather ridiculous in my opion.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Yep they certainly are.

    Be surprised how many brokers don’t realise they are unable to give advise on offset accounts without breaking the law.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

  • Don’t worry when we open in Adelaide next year will buy you lunch and say g’day.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask Me how.

  • Richard Taylor replied to the topic Advice on broker in Central Coast / Gosford in the forum Finance 10 years ago

    Hi Bill

    A Corporate Trustee structure is a fairly standard structure so the Broker won’t need to be a genius to understand it.

    Do you need a face to face sit down as this day and age most things are done by email, phone etc.

    Saw a forum client today for a coffee but that is a rarity as most prefer the electronic method of communication due time…[Read more]

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Hi Dboyle

    Would all depend on how you define strategy advice but from what you have stated i would think it would be a Financial Planning License & Credit License.

    Then you have compliance issues as you are required to produce a Statement of Advice on each matter etc.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Hi Dboyle

    Would all depend on how you define strategy advice but from what you have stated i would think it would be a Financial Planning License & Credit License.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Help with potential business idea in the forum Help Needed! 10 years ago

    Hi Dboyle

    Well done on achieving what you have.

    Hate to say any form of advice will require some form of licensing whether it it be strategy, credit or otherwise.

    This day and age their is a license for everything and the cost of compliance mounts daily.

    You can probably answer the odd question on the forum with a general statement but need to…[Read more]

  • Richard Taylor replied to the topic Newby Questions (Sorry) in the forum Help Needed! 10 years ago

    Hi Mitch

    Firstly welcome to the forum and hope you enjoy your time with us.

    Promise there is no such thing as a stupid question and most of us old timers don’t bite so feel free to ask away.

    Ok here goes:

    1) Certainly an Accountant and a Financial Planner could have a place in your team however certainly for the average investor just starting…[Read more]

  • Richard Taylor replied to the topic Crazy tenant demands in the forum General Property 10 years ago

    Fantastic Xenia.

    I have a guess you won’t be adding that tenant to your Xmas card list.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Beinvested.com.au in the forum General Property 10 years ago

    Hi monte

    I think if you do a search you will find plenty of reviews.

    If in doubt have a look at the Property Chat Forum.

    Unfortunately as there be maybe young adults viewing this forum I can’t repeat some of the written comments about their service others have posted. Certainly makes for colourful language.

    Cheers

    Yours in Finance
    0-40…[Read more]

  • You have to ask yourself why would he not provide such information.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Agree with Terry I think a 18th December Settlement is very optimistic this time of year.

    Gives you less than 24 days from start to finish. If it is a mortgage insured loan or slightly out of the ordinary I think you will be pushing it.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

  • Agree with Terry I think a 18th December is very optimistic this time of year,

    Gives you less than 24 days from start to finish. If it is a mortgage insured loan or slightly out of the ordinary I think you will be pushing it.

    Cheers

    Yours in Finance
    0-40 properties in a decade. Ask me how.

  • Xenia We have been Licensed agents since 2002 and incorporated a National Buyers Agency service into the Company in 2011 which Jacqui heads up.

    We have about 420 properties under Management thru another entity and looking at expanding that interstate next year.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Yes we have used TICA for years not only for our personally owner properties but for our agency stuff.

    It is a National Data base and as we are expanding the BA service nationally next year it helps keep track of Tenants Australia wide.

    There are a few legal options if the Rent Default on your Landlords insurance doesn’t cover you but would only…[Read more]

  • Richard Taylor‘s profile was updated 10 years, 1 month ago

  • Richard Taylor replied to the topic First Time Invester – Where to Invest? in the forum Help Needed! 10 years, 1 month ago

    Hi Nick

    For 700K in Brisbane you could buy something in a really top suburb with good long term growth but not sure you would get the return you need.

    If you are looking for rental income you need to manufacture the return over time.

    There are many areas that might meet the need without breaking the Bank.

    Personally unless it is a Torrens…[Read more]

  • Richard Taylor replied to the topic Willing to listen and learn from you all in the forum Help Needed! 10 years, 1 month ago

    Barlow there are a few things you could do without having to refinance.

    Setting up an equity loan with the existing lender would get you going depending on who it is.

    Cheers

    Yours in Finance
    0-40 Properties in a decade. Ask me how.

  • Richard Taylor replied to the topic Best option to buy investment property after divorce in the forum Help Needed! 10 years, 1 month ago

    Of course as I mentioned you don’t have to wait until Pension age.

    Within a year you could commence a TRIP and you could then salary sacrifice an amount and draw from the TRIP the same amount with the 15% pension offset. The earnings in the TRIP part of the Super Fund will be exempt from Tax from day 1.

    Cheers

    Yours in Finance
    0-40 properties…[Read more]

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Richard Taylor

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