All Topics / General Property / 11 second solution

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of ROSS88ROSS88
    Member
    @ross88
    Join Date: 2004
    Post Count: 1

    Hi fellow investors,
    What if any differences would there be to the “11 second solution” for investors seeking to buy properties in New Zealand. Considering of course the different taxes or lack thereof when comparing them to the Australian taxation scenario.
    Yours appreciatively,
    Mouse.
    E-mail address: [email protected]

    Profile photo of Kiwi-FullaKiwi-Fulla
    Member
    @kiwi-fulla
    Join Date: 2002
    Post Count: 371

    No difference… as COCR or IRR is not considered when going processing the 11 Second rule…

    Tis merely a guide to short list you with … interesting opportunities… further investigation required though.

    Demographics, economy sustainability, employment, development, transport access and population migration considerations must also be a factor to consider (Non Exhaustive list of course)![baaa]
    Cheers
    Kiwi
    [specool]

    Profile photo of geogeo
    Member
    @geo
    Join Date: 2003
    Post Count: 1,194

    Hey Mouse,

    I find no difference in the 11 sec equation to any property investment in any country. It’s not something that strictly applies to this country. It’s an equation that determines whether a property is +CF no matter where it is. But like I say to all I say to you, don’t let this 11 sec. equation be the benchmark on which you purchase properties.

    Realise I quote that it is an equation – not a solution.

    Kind regards,
    George.

    “If You never never ask, you’ll never never know”

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.