Don. replied to the topic USA MARKET OPPORTUNITIES in the forum Overseas Deals 17 years, 7 months ago
Well done chad. We thought that deal looked interesting when it came across in the email. What type of time frames are you expecting to turn around these types of deals.
Don. replied to the topic Bringing Money From NZ to Australia in the forum Overseas Deals 17 years, 7 months ago
Yes sock is ok too but no more than 10k per person per flight
Don. replied to the topic Is this pretty much the average agent fee when selling in NZ in the forum Overseas Deals 17 years, 7 months ago
Hi Kim,4% is standard across new zealand subject to what you can negotiate and different thresholds for the reduction to 2%. Remember that you get what you pay for. There are a couple of firms doing 1 and 2% and people are getting mixed result. In that price range you could probably sell on trade me for $99 to a young couple of first time investor…[Read more]
Don. replied to the topic Bringing Money From NZ to Australia in the forum Overseas Deals 17 years, 7 months ago
Hi – try ozforex or another service for currency transfer. You book the transfer to the account you want anywhere in the world and then pay for the transfer from a nominated account. Payment is by phone and bpay or straight internet depending on the service. I don't think there are limits on transaction size.Cheers
Don. replied to the topic Is it worth restumping before selling? in the forum Help Needed! 17 years, 7 months ago
Hi Neville,If it were my house I would do it. If you can get the house re stumped for 7k plus fix ups then go for it. Nothing turns people off a home more than a dodgy floor. If your target market is a home owner rather than investor you will be selling on emotion and your house will just be a little harder to love in it's current state.Cheers
Don. replied to the topic INVESTING IN NZ in the forum No Subject 17 years, 8 months ago
kimmbo62 – dlpp has been renamed don. (a change being as good as a holiday – the full stop as someone already has plain don as their forum name – are you out their “Don” do you want to sell it ) Investing in NZ?? Not too many serious discussions on this forum lately about this topic. Sorry I could have missed a few.
I used to post quite a bit…[Read more]
Don. replied to the topic Help Need – place your vote re new company logo in the forum Heads Up! 17 years, 9 months ago
thanks amandabs – no1 got the best response generally and we have gone with that – it also looks good in the magazine ads contrarian – thanks also for the feedback on the site – a new one is in the planning – just need someone to build it – can anyone recommend a good secure bulk email delivery service
Don. replied to the topic Help Need – place your vote re new company logo in the forum No Subject 17 years, 9 months ago
thanks for all the feedback from everyone – it was a big help as they all started to look the same after a while
Don. replied to the topic Cashflow Properties NZ in the forum Creative Investing 17 years, 10 months ago
Thanks for the heads up amandaBS – Krautcan have just sent you a private message-we have been missing some emails lately – if you can go into your email server via the webmail and place our address as an accepted recipient and this should fix the problem.
Don. replied to the topic Help Need – place your vote re new company logo in the forum Heads Up! 17 years, 10 months ago
excellent – thanks guys – we still have not made a decision so if there are any other opinions out there feel free.
cheersDon. replied to the topic This year? in the forum Overseas Deals 17 years, 10 months ago
Nice numbers dohicky – 007 should be a good one – glad to see you are happy with last years purchases!
Don. replied to the topic asbestos in the forum Value Adding 17 years, 10 months ago
might depend on the character of other homes in the area – I am currentl looking at a deal with an asbestos roof -replacement cost is double that of normal.
Don. replied to the topic reno photo’s in the forum Value Adding 17 years, 10 months ago
well done – wish we had reno gallery in this site!
Don. replied to the topic if you had? in the forum Overseas Deals 17 years, 10 months ago
Hi Guys – thanks for the feedback – as you know there were two property mags competing and KPI is no longer. The article is in “new zealand property magazine” if you google kpi you will get redirected to it.
It is a pretty comprehensive spread in the same way that api does its stats. Also has rental yields – if you are canny you will be able to…[Read more]
Don. replied to the topic Positive cashflow properties in the forum Help Needed! 17 years, 10 months ago
hi andrea – if you have a look at the australian property investor there is a list of rental yields in the different states. There are places in qld and sa with rental yields in the 8’s and 9’s. We started a thread in another spot to see if any forum members are investing in these locations.
If the average (was it average or median) yield is 8…[Read more]
Don. replied to the topic Why an ABN ? in the forum Finance 17 years, 10 months ago
hi guys – pays to be in the know – what about if you have been self employed for while – 2 years – but the employment and entity is in NZ as is mine.
What type of lvr, and rate could I expect purely on an income declaration basis for
a) established residential
b) finance to buildjust to clarify I am after AUD to buy/build in Australia in an…[Read more]
Don. replied to the topic Rewind two years in the forum Finance 17 years, 11 months ago
Is that two years already?
Don. replied to the topic Option to buy in the forum Help Needed! 17 years, 11 months ago
The good thing about this is there is no stamp duty in some states on the purchase of an option. What is the stamp duty on buying and selling a $1mil property? = heaps! Other states have stamp duty on options, but you will still save as you would be paying stamp duty on a $20,000 option instead of a $1mil house.
Anyone no which states do and…[Read more]
Don. replied to the topic Sell or not ..need help in the forum Help Needed! 17 years, 11 months ago
Hi Jaineyb,
As an investor what you would hope to do it make the most efficient use of your capital.
You could perhaps achieve higher cashflow by leverageing into a large number higher yield properties.
However, if you could increase the yields on the properties that you are currently holding AND the properties are in growth areas then perhaps…[Read more]
Don. replied to the topic House prices around Christmas in the forum Help Needed! 17 years, 12 months ago
perhaps some motivation around feb/march with the credit binge hang over that comes after the holidays
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