Total Members: 159,205

Don Nicolussi

  • Don. replied to the topic Activity Poll in the forum Forum Frolic 18 years, 1 month ago

    sounds like you are very busy wake!!

    http://www.cashflowproperties.co.nz

  • Don. replied to the topic Activity Poll in the forum Forum Frolic 18 years, 1 month ago

    dr x – nice work can you put the pics on your own site and link back for us to have a look at. cheers

    http://www.cashflowproperties.co.nz

  • Don. replied to the topic New Zealand in the forum Overseas Deals 18 years, 1 month ago

    good luck mate!

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/cashflowproperties_wanganui.htm

  • Don. replied to the topic New Zealand in the forum Overseas Deals 18 years, 1 month ago

    Hi Andrew,

    At the outset investing long distance is completely different to investing in your own back yard. Some people will tell you it is easy and there are no problems. Well that is just rubbish. It’s harder because you are not there to “know” things which puts pressure on how you do things and also on how you perceive things – this can be…[Read more]

  • Don. replied to the topic US interest rates may fall in the forum Overseas Deals 18 years, 1 month ago

    Staff writer Aldo Svaldi can be reached at 303-954-1410 or

    Perhaps call Aldo on the numbers supplied – I have never met him so I can’t comment on his level of general optimism versus pesimism. It is his article and I am pretty sure the title was a by-line from somewhere in the original.

    Sourcing Positive Cashflow Investment…[Read more]

  • Don. replied to the topic Depreciation of overseas property in the forum Legal & Accounting 18 years, 1 month ago

    i will take a guess for you billy – ozzie gov’t wants you to pay tax on your worldwide income – so if you are a resident for tax purposes in oz the ato is interested in all your activities. Where are you are resident for tax purposes? (speak to a good tax lawyer)

    Then i continue guessing — so if you do your income tax return in the uk and…[Read more]

  • Don. replied to the topic What to do if your rent is paying of your PPOR? in the forum Help Needed! 18 years, 1 month ago

    Hi Dom,

    That sounds like a great dilemma to have!

    What I would suggest is keep everything you have as it sounds like they are all doing well for you. Then, find a house as nice as your ppor or even better in your neighbourhood and rent it. Then rent out your ppor. That way, you have an extra IP, AND you can claim your mortgage repayments, rates,…[Read more]

  • Don. replied to the topic Neighbourhood cats invasion ! in the forum Forum Frolic 18 years, 1 month ago

    yes catnapping is highly illegal – or is that something else!

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html

  • Don. replied to the topic is it worth it ? in the forum Help Needed! 18 years, 1 month ago

    would have to agree – there is not much to it but it is a dreadfull job. as a kid i used to crawl around under houses and do this type of work on occassions.

    half a dozen car jacks – lots of bricks and concrete and you will have yourself a straight house – get a pro to do it. But get under and check why it has sunk. Most common is misdirected…[Read more]

  • Don. replied to the topic Replacing Fibro (Asbestos) Roof in the forum Value Adding 18 years, 1 month ago

    there are quite a few homes with asbestos roofs in my area and they do sit on the market for ages. remove the sheets cost about 2.5k and new iron about 6.5k.

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html

  • Don. replied to the topic Based in San Antonio Texas in the forum Overseas Deals 18 years, 2 months ago

    good luck with the new business. be sure to keep us all informed.

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html

  • Don. replied to the topic hypothetical questions in the forum Overseas Deals 18 years, 2 months ago

    Hi MM,

    The guys at lj are fantastic and that is why we recommend hundreds of people there every year without any incentive or reward for doing so may I add.

    We get charged the same as everyone else and I imagine receive the same service. We speak with them usually a couple of times a week and they really do out shine any of the others in town…[Read more]

  • Don. replied to the topic Dressing home for sale/ Home Staging in the forum Value Adding 18 years, 2 months ago

    Hi Leila,

    We have used these services many times in New Zealand and they are worth every penny.

    We are in the process of settling up a similar business on the nsw central coast. I will let you know when it is up and running.

    cheers

    Liz

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html

  • Don. replied to the topic hypothetical questions in the forum Overseas Deals 18 years, 2 months ago

    Hi Katherine,

    Winter is the killer here (so landlords if you house is empty and does not have a heat pump or good mutilfuel burner it is no surprise – both options are between 1500 and 3000 and money well spent) so it is great to have the flexibility to move around.

    We would need to get the right team in place to make the thing work…[Read more]

  • Don. replied to the topic If you had $500k cold hard cash. in the forum Help Needed! 18 years, 2 months ago

    yeah – would stick to the methods i am doing now as doing what works works can’t be a bad thing. The real question is more toward what dr x is saying. You have the 500k how can you make that into something life changing rather than a delema.

    You could by one large property and pull in 75k or so gross income off it but you also need to look a cap…[Read more]

  • Don. replied to the topic Property bust not here yet … worse to come in the forum General Property 18 years, 2 months ago

    gmh454 – now that was a very bad run if I have ever seen one but then again as you said yourself these are purchases based on emotion more than anything else so probably are not investments – just my 2 cents.

    I recently thought I needed a new car a took a few for a test drive – then I realised the only thing that need the car was my ego. I’m…[Read more]

  • Don. replied to the topic Property bust not here yet … worse to come in the forum General Property 18 years, 2 months ago

    I would suspect 20-30 more points by the end of 2007. If this is the case (this is what I hope for) – we will go hunting for our first IP as prises already falling in Wynnum/Manly Brisbane on both houses and Townhouses. Higher interest will make more bargains to be available.

    don’t mean to offend simple – i hear alot of this type of stuff wher…[Read more]

  • Don. replied to the topic tax on overseas rental income in the forum Overseas Deals 18 years, 2 months ago

    Hi Frank,

    There are plenty of ways to go offshore but you really need to work out the cost of set up versus real gain. Tax avoidance is avoidance so anything you do to get out of paying won’t fly. You need a legitimate reason.

    Alot of people do it. I have just done some company searches on a few “motivational type” orgainisations and 2 steps…[Read more]

  • Don. replied to the topic How rich do you have to be to be a guru in the forum Heads Up! 18 years, 2 months ago

    very good questions dr x.

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html

  • Don. replied to the topic hypothetical questions in the forum Overseas Deals 18 years, 2 months ago

    Hi Ozi,

    Yes it would take more than two but i think it could be done.

    Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html
    Experienced spotters wanted Napier & Rotorua!!

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Don Nicolussi

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