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From: Paul Hendriks
Hi All,
Here's food for thought for you out of the square thinkers & investors...
In my long term financial & family plan, my ideal property is at least 30+ acres in the Southern Highlands of NSW, with a Old time quality house on it, with lake, views, etc, etc, etc.
That's my problem! my dream property is very expensive, anything from about $750k - $1,500k & I'm trying to devise a plan to actually achieve this within 5yrs.
Sound impossible, maybe!!! but hear me out!!!if I was to make that a part of our investment portfolio, & buy it thru a company trust (of which I'm the company Trustee ) for our family trust to hold it may be possible?
If we focused on buying a prop which is income producing in some way shape or form, then couldn't the company employ managers or caretakers, ( that being myself & family ) to look after the prop & business it runs, so if fact, actually pay me & my family to work, manage & look after the prop.
Being paid to live on, enjoy, & work your own Dream home, is really stretching sideways thinking I know, it would also save me renting from that time on, whilst building my Business & Property portfolio!
Anyway, I would be VERY interested to hear some views on this or other situations similar if anyone has any views, good or bad.
Regards
Paul
Hi All,
Here's food for thought for you out of the square thinkers & investors...
In my long term financial & family plan, my ideal property is at least 30+ acres in the Southern Highlands of NSW, with a Old time quality house on it, with lake, views, etc, etc, etc.
That's my problem! my dream property is very expensive, anything from about $750k - $1,500k & I'm trying to devise a plan to actually achieve this within 5yrs.
Sound impossible, maybe!!! but hear me out!!!if I was to make that a part of our investment portfolio, & buy it thru a company trust (of which I'm the company Trustee ) for our family trust to hold it may be possible?
If we focused on buying a prop which is income producing in some way shape or form, then couldn't the company employ managers or caretakers, ( that being myself & family ) to look after the prop & business it runs, so if fact, actually pay me & my family to work, manage & look after the prop.
Being paid to live on, enjoy, & work your own Dream home, is really stretching sideways thinking I know, it would also save me renting from that time on, whilst building my Business & Property portfolio!
Anyway, I would be VERY interested to hear some views on this or other situations similar if anyone has any views, good or bad.
Regards
Paul
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