I would like to help you not make costly mistakes.
A big city firm doesn’t always know what’s best for you.
Recently I helped a lovely couple buy into a retirement village.Big Cirt
A big city law firm, acting for the retirement home, sent them an invoice for nearly $2,000 for preparation of contracts.
I challenged their invoice as the Regulations state that:
“the maximum amount payable by a resident for legal and other expenses incurred by the operator in connection with the preparation of a village contract is $200.”
The big city law firm argued that this invoice didn’t come under the regulations as the contracts were “non village contracts” and told me that’s what we’ve always charged and we know the law! It seemed like they had been getting away with overcharging and bullying retirement residents for years.
I am happy to say they didn’t get away with it with my clients.
I can make sure you know what you are entitled to.
If you are considering going into a retirement village ask me to review the contract and disclosure documents.
If you are like me you’ve been worried about this for years. Well, what can you do about it?
For less than the price of those piano lessons per week you could buy a rental property.
Use negative gearing to pay for most of your holding costs. You can put the property in your name or in a company name holding a trust so there’s minimal transfer costs if you want to give it to your children or allow them to benefit while not putting it in their name.
The secret is to start early and let the market benefit you by holding for as long as possible and selling when the market is in your favour.
It’s simpler than you think. If you bought a rental property before your child turns 5, by the time they’re 21 you should have accumulated a large amount of equity. What a great 21st present. Better than champagne…. some might say better than private school. Be in a position to give them a sizeable deposit on their first home. Give your child a step up in life.
With our help you can do it.
I have worked in large city firms. I have worked for a small suburban firm. And I have worked for a property developer.
I started this business because I wanted to work with integrity and transparency. I want to set fair rules not follow unfair ones.
I like talking to people and I want my clients to be happy.
I work to live not live to work. I hope you feel the same.
Let me help you with your conveyancing, business sale or purchase, lease, litigation or estate planning.
My clinets need to benefit and be happy from each transaction. I will always do my best to get you what you want.