Hi there,

Live in Darwin, have since 94. Darwin property prices grew by 3.4% in the last 12 months, the lowest in the country. Gross rental yields are roughly 8-9%. The newspaper up here was trumpeting massive growth, and on the same page removalists ( Carter Bros. I believe ) were saying that they couldnt keep up with the demand for people…[Read more]

hi

Dont know about that. Doesnt appear to be in her nature.

Merry Christmas

Thanks for that,

Will be a busy boy the next week or so, at work anyway, the PC at home freezes constantly, so will have to do most there!!!

Regards,

Brent1

quote:
Hi Brent

Yeah no trouble.

Try bobabraham11atnzoomail.com

Also join http://www.propertytalk.co.nz
It is starting to build up a good list of postings.

There is also http://www.housemouse.co.nz…

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Hello NZ!!!

I have been looking through the current posts, still have to go through the Treasure chest, regarding areas to/not invest in NZ. After I have been through the lot, can I please email you with any questions.

Regards,

Brent1 []

quote:
Hi Guys

I agree with Mel. I sometimes answer posts because I might be able to offer something…

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Sorry,

Didnt go to the auction, heard it from A Real Estate Agent, he was really shocked at the prices.

Regards,

Brent []

quote:
Hi Brent,

Are you talking about the auctions that happened in the last few weeks (2nd and 3rd week of Oct)? Did you notice who the buyers were of the majority of the properties, and what property group they belong…

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Gday,

I think that PRD are currently doing all the auctions of ex housing stuff. Beware, though huge demand now for these, every single one sold in the last batch, and two of them went for the riduculous price of $200000. 12-15 months ago $130000 tops, and they couldnt sell the ones in Mouldy old Moulden, not even they are being bought.

Good…[Read more]

quote:
(-0_0-)

Couple of things to bear in mind with that strategy.

1) You are unable to purchase a property in your Super Fund from a related party – You.
2) If if it was not you but a 3rd party stamp duty would be payable.
3) Your Super Fund is not able to borrow to fund the purchase so you need to have sufficient monies in the fund to pay…

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quote:
Hi to all[],

I agree with everyone here. I’ve read all of RK’s books. At first I was looking for a lot of “how to” but realised that the journey is different for each of us. Eventually, I saw it as a way of thinking differently and that I would have to develop my own “how to”. Still doing this but a couple of years on am further along the…

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Quote:
Hi Erika, 90-94/5 with the science dept. Erika do you think Cullen Bay has been a successful project overall?

Brent1, A Transient population at it’s best, the highest in OZ. I hope Darwin does take off as I have IP’s there, but I’m a little more confident into the long term growth than the next 18 months. So is a US military base going…[Read more]

Thanks for your reply,

What do you make of all the stuff that RK wrote in his book which is either illegal ( ie INSIDER TRADING) or just plain wrong. You may have seen the points where the author quoted RK in the book, and then gave specific IRC? clauses that showed that no he couldnt do that, or yes there would be taxes on it, when Rk said it…[Read more]

IMHO,

i THINK that this place will take off. The RE agents are doing there best, they are advertising places at higher prices, even if they havent sold after 6 months!!!! Un-bloody-believable.

Also when the Southerners see the cheaper prices up here they may buy up here, but remember if you do TRANSIENT population

Our super fund bought one up…[Read more]

Quote:
God i hope you’re wrong about the Uni!
here is a web page (whereis.com.au)
which shows houston St (where i bought)

http://www.whereis.com.au/search/result.jhtml;$sessionid$HKVFDBCMALAA3S0Z2WKSDSY?_DARGS=%2Fsearch%2Fsearch.jhtml.2

as for area’s i’d not go near, i agree with erika.
though i would add ludmilla to the list as there is an…[Read more]

Hi there,

Looking at a property in Wyong at the moment. Other than looking at websites etc,which we are doing at the moment, how do you find out about the industry and future prospects for Wyong.We are in Darwin, so bit hard to find out anything from up here, but will fly down to take a look before we commit.

Thanks again[|)]

Hi there,

Where can I find the thread for this ?

Regards,

Brent[|)]

Hi there,

Looks ( website ) alright. We have our own super fund, currently not much cash as we have just purchased property with it. Can you start this off with just a few Grand, looking at your examples, I would say not

Thanks in advance

Brent

Hi there, only new here but heres my two cents worth.

Are people aware that the Reserve Bank of Australia is 49% owned by J.D? Rockefeller, and it is up to him when the rates go up? Or so I have been told anyway. And it is not only “Australia’s” Bank that is privately owned, it is 80% of the worlds reserve Banks.

Can anyone confirm/ reject…[Read more]

Hi there and thanks for your reply.

Not sure that I am doing this right but here goes.
We have enough cash to buy two of the cheaper type I units up here, however I have heard stories, no doubt true, about how people just buy one after another pos geared property. These people must be getting the deposit from somewhere. I must admit, the…[Read more]