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You can insure it You can insure the house even if it isn't in your name. I have insurance on a house that is in someone else's name. In your case you have good reason and it isn't hard at all. You need to go beyond NRMA though.

Thanks for all of your comments - of course I do agree with them all. We have just spent two hours at the police station and the only tiny bit of assistance the "Senior Constable" would offer was to go around there and do "something" although he would not say what that was. He said he was...

Hi Wylie, Unfortunately the police will not act without an order to evict and as I said we couldn't get that order at the tribunal. I don't know if they pay their power bills but if they do I am not entitled to have it turned off. We are trying very hard to go by the letter of the law and...

My brother owns a home. He invited a guy to come and live with him a few months back. Then he had to go overseas to work and has asked me to look after the property, giving me full power of attorney to act for him. He didn't get any rent from the "friend" and they didn't have any lease...

I had a look at your website but I could not get any previous newsletters bar 1, they all seemed to be emails advertising seminars that were held in the past. The only .ppt I could download was the borrowing from a bank one, the rest weren't there.

SMSF and a Vendor Financed Property IMO if you can get vendor finance go on your own without the SMSF because the income tax benefits are higher outside super. Hi Bill and thanks for your reply. Actually we don't have a high income, and we can't salary sacrifice, so we were thinking...

Vendor Finance and SMSF I am excited about this thread as there is so much good information here guys, thanks so much. I have been thinking about buying property with my SMSF (which is very small) using vendor finance. The way I see it, it means that I can get into a property with a very...

Interesting that you would pick that little bit out of such a good post to repeat! What about the bit where there are so many people out there wanting home ownership and there are not enough of us doing this to help them all. There are also lots of people with investment properties that owe them...

If you are still looking for Cashflow for kids I have one I was about to list on ebay. Yes its legit and not a bootleg copy!!! If your kids are younger go for the kids one as IMHO the 101 is a bit too slow and complicated for their attention span. My two have grown out of it otherwise wouldn't...

Hi Glucose, IMHO the expert in this field is Rick Otton.You can buy his rent to own or wrap packs at rickotton.com sometimes you can find the odd copy on ebay I do this as a business as do others so what you're asking is like asking an accountant to tell you all the rules and regulations they...

If its a wrap the buyer contributes to the outgoings. If its a rent to own is a rental so the owner does. Di

Technically, its not a wrap but has a lot of similarities. There are differences but the goal of both is to assist people who are genuine about becoming home owners and at the same time make your investment positive cashflow. Its been great for us to convert two negatively geared properties in...

Hi JO, The trouble is that they change all the time and that's why you really need a good mortgage broker. I was searching before Xmas and Citibank was the one I was going to go with but for other reasons I didn't proceed. In this climate its difficult to get the lenders to keep a product in...

What you have outlined is one way to go and there are other ways as well. Any scenarios depend largely on your income and credit rating. There are vendor finance experts out there that can help you if you are interested. The vendor finance association would put you in touch with someone in...

Wow ozperp what a great story! Maybe there's a lesson on tolerance there... Names are like anything else, some people find them defining and others are pretty easy going about it. I know someone who had some horrific defining moments who changed their christian name. This was like drawing a...

Hey Marc, thanks a lot that would be great! I'll send you a message cheers

I think you'll find that banks do actually change their tune...I recently had a friend selling his property because he fixed his rate for 4 years at 6.5% and twelve months later one nasty little bank which shall remain nameless raised the rate and used a loophole to demand 9.49% which the friend...

thanks guys, yes I know it seems odd to be planning a holiday in this environment... Lump sum is payout on departure from full time employment (roughly $100K)...to concentrate on business. Just thought knowing the depth of members knowledge it might be worth asking. Responses are much...

Yes thanks Marg I have condsidered that but thought there might be a better way. cheers

anyone out there know how to access 10K in a few days? we have three IP's (2x positively geared) plus PPOR. Need cash fast for os trip payment. Credit cards full. Will be getting lump sum Feb09 and will pay back then. Tried three times since July to refinance property twice lo doc and once...