hi Kristine,

what agency are you using. Huge demand for properties renting in the 300 to 450 bracket.

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

how’s it in the uk Dohicky – what property opportunities have you found??

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

good on you juls. would you believe that even here in southland they are having water and power problems. not enough water in the dams to power the hydro. heaps of gas but apparently that is more expensive to pass on the consumers as household power. the water up the rd in queenstown might be the best I have come across.

Sourcing Positive…[Read more]

hi drx,

reading the thread makes me ponder how different all the property managers we have are. some probably are not cutting it which means we have some work to do to fix a few things.

I have a serious question. how much would a property manager in a hypothetical franchise suburban re office get paid? and what size rental role would they be…[Read more]

hi Juls,

I always thought the plan did not make sense unless they secheduled a stop at home and away bay on the other side of the barenjoey. Probably alot of far northern beaches people could jump on there – would be alot quicker than driving from say newport into the city. What’s wrong with the water – are we running out?

Sourcing Positive…[Read more]

Is it still possible – yes!

But – there is a show on tv here tonight with Robert Kiyosaki being interviewed. in the sound bite he states that 9 out of 10 people fail.

I will probably watch the final of “rock star” instead – Those guys crap on any “idol” show from any country i have ever seen. off topic. maybe if it has been on tv in oz…[Read more]

anyone know if the ferry plan has grown legs yet.

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

Hi Guys,

I don’t have any property in the Us but I will say that management in genreal is one of the most overlooked issues IMHO in realtion to property management.

I don’t envy the job that the managers have but there are certainly huge differences in the type of service that you can get from agency to agency and person to person within…[Read more]

or try these people – its about the same in prce I have made one claim with them and they were okay as insurance companies go.

Home

cheers

Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz
Cash Flow Property

No probs warren [biggrin][biggrin][biggrin]

Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz
Cash Flow Property

not for a while ? what area on the coast are attracting interest atm.

Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz
Cash Flow Property

P.S. Is their any advantages in buying in NZ just out of interest? Do they still have stamp duty and all other fees?

Hi Paul,

No. There is no stamp duty or capital gains tax in nz. Entry and exist costs are very low and will amount to lawyers fees and bank fees.

But some investors forget that if you are a oz tax resident the ato still wants to…[Read more]

Hi,

Your idea sounds similar to something I have heard before on a tape set. Note sure whose – it could even be something of steves but it was more of a reward program for on time payment than a penanlty for late payment.

I have note used it but perhaps someone on the forum has – i think it was free dvd’s or something like that.

Maybe you…[Read more]

Is paying rent every week to a landlord for your PPOR a sound concept, especially if you do also own some investment properties as part of your portfolio? Is it silly to own homes but not live in them?

Yes! It is a very sound concept and if the world was full of people renting that treated their home well “as if” their own then their would be…[Read more]

Okay! Who is this investor who brought the property at such a discount and is now getting around 5% yield on a brick and tile property in sydney.

Anyone on the forum want to own up?

Come on.

Or do we just sit on our hands and watch other people get properties at huge discounts.

This guy will be writting a book in a few years and have his…[Read more]

What do I invest in? Mostly residential property with something extra to add, ie a “potential” that I have assigned a value to and factored into the price of the deal.

So working backwards from an end value to me I can determine the correct purchase price for me! It’s not really rocket science.

I love property!! How can you not get excited and…[Read more]

I can’t remember exactly but I think my first nz bank wanted to see my oz credit history – I have not heard of anyone asking for one for a while though. Sounds reasonable enough – but as mentioned there are alternatives.

cheers

I Buy Property http://www.cashflowproperties.co.nz
Cash Flow Property

also – one more thing. If you have access to the subfloor get under the house and remove any rubbish and nasty surprises that may have been left for you.

I Buy Property http://www.cashflowproperties.co.nz
Cash Flow Property

Hi Mike,

I have never had this problem as bad as you but part of the solution is knowing that not all of the smell will be in the floors.

Everything in the house will be absorbing to odour over time. Walls and ceilings may also have to be done as well. Cats and dogs will spray well above the floor coverings.

Burn some coffee in there while you…[Read more]

cheers Ozi – i will be out of contact for a week or so but when I get back I will post a few more things that have been sitting on my desk for a few weeks. I was surprised by the wellington number.

I Buy Property http://www.cashflowproperties.co.nz
Cash Flow Property