derek,

i was at the conference too, ed chan is a brilliant man I enjoyed his talk a lot (the food was good too). I just made the connection of who you are, congrats on your success so far, I’m interested that your on this forum of mostly cf+ investors, have you changed your strategy?

Dohicky

hi celevia,

that does sound like a good idea, I have photos if you want to see, just PM me.

i’m going to masterclass in sydney on oct 23rd

definitely get someone in nz, they understand the market, something it would be hard for an oz broker to do. its better to get finance in nz for an nz property and its actually quite easy too.

my original 1966 bathroom was completely renovated before i moved in. I got rid of the horrid bricked up bath (what is comfortable about sitting in a square tiled bath???) not to mention the horrid yucky tiny tiles that looked like they had never been cleaned and the grout was coming away. I still shudder at the thought of those tiles. I replaced…[Read more]

Sounds fantastic, one thing, would you be able to work while recieving annual leave payments from your previous employer? My contract has a clause about that saying I can’t. I supposed worse case scenario is they would pay you out all entitlements (nice little package).

I feel a bit sorry for Simon as it seems very clear to me (although surprising I might add)

I will tomorrow have reached the 6 month anniversary of purchasing my PPOR, of which I used the FHOG and stamp duty excemption in NSW to buy. Very soon I will be renting out the property and it will be my first IP. I found it the only way for me to afford…[Read more]

allen bell drive is a long street, not too bad from what I remember, a lot of friends from school lived in that street and I’m almost certain most of their families were renting. the streets behind allen bell drive i remember being quite nice. Thats quite a way from the hospital (in kaitaia terms, all of four mins drive I bet) So good to see a…[Read more]

hi mitzu,

great to hear that things ended up ok in the end!! now the tough question, do you have a tenant? and if you do, how much are they paying?

Dohicky

PS – Ahipara isnt expensive if you want to live by the sea! much cheaper than Sydney. [laughing]

I used first home owners grant and charge rent to the other inhabbitent while i am also living here. no problems.

Hi I’m a member of the investors club and have been for about a year. The support and info you get from them is excellent and I went to one of their seminars earlier in the year which I found really valuable. The only downside is that they only look for negative geared properties and I’m looking for cf+ so I havent bought anything through them. My…[Read more]

I just recently splashed out and got myself a little star. I thought it would be a great investment and I’ve heard the capital gains are good in this forum location. Unfortunately I could not afford the four star one down the road, it was overpriced and negatively geared.

This is my first SI (star investment) and I hope it does well, in a few…[Read more]

any accountants able to advise on this? i’m planning a trip to nz and would love to claim it.

HI guys!

Grossrealisation a wallflower? my goodness I must have been in a different room.

I really enjoyed the meeting and I’m ready to book my flight to NZ to check things out like I was told to.

The next meeting will be great I’m sure, I like Louise’s suggestion to have one topic for each meeting, eg cf+, neg gearing, trusts etc. I went to a…[Read more]

have they actually started investing in the airport? no offence but they have been talking about it for at least 10 years so far… things happen slowly…

Queenstown is now the most expensive place in NZ to buy property, so it has certainly had a lot of growth there, all the celebs are buying up farms and having a holiday home in the area. Are…[Read more]

today is the day… cant wait for those tim tams. Its a miserable rainy day, good thing we have somewhere inside to meet. see y’all there!

I use Reviq, very good software and i think you can try it for a couple of weeks as trial software from their website. it projects next 10 years of returns.

I’m not sure about Oz, better to ring and ask bunnings and mitre 10 etc. In NZ at Mitre 10 anyone can get a 10% discount card (like a rewards membership) I would imagine they have something similar in Australia.

yes i think if we can bring something to eat/drink along would be good, I’ll see what I can russle up – with a chocolate theme of course!

I would also like to know other peoples opinions/experiences on investing in NZ, can this please be added to the topic list.

Cant wait, I love tim tams [blush2]

hi

people ask me questions like this all the time, and are never in a position to be able to do it.

btw – you can borrow over 100%, usually 105% to cover costs – as long as you have enough equity to satisfy the lender.

If you are in the position to borrow $3mill from the bank, you will make your personal banker a very happy chappy! There will…[Read more]