Hi Istreet,

No! I have details of a good local broker who can discuss finance with you. A list actually and you can choose.

cheers

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

there is alot to be said for making a plan and just quietly doing it. I probably agree that there is no real need to earbash the poor girl with the grand plan all the time. You just need to be on the same page.

At 22 I already owned my first ip and had a small car loan. The “gf” at the time had a car loan, student loans + hecs debt, credit card…[Read more]

Dr x has hinted at this.

I think it is very important that we evaluate each investment individually but then also evaluate how it slots into our total portfolio and what the net effect on that portfolio may be.

In order to do that you will have to base your analysis on facts which will be the net result your thourough due dilligence and…[Read more]

hi – just wanted to add to this point made by art Finally, READ, READ, READ. Use other people’s experience to your advantage!

DO, DO, DO! This may not mean actually buying homes but get out there away from the PC and meet people.

cheers

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

How is $179K in Collins St in Melbourne and $300 per week , not bad 4 a blue chip location (outgoings by tenant and residential property). I looked at properties in the Docklands in Melb on Monday , asking price is $340K and tenanted for 3 years at $500/wk , i am sure the savvy investor could pick this up for circa $300K.

I also purchased a 3 bed…[Read more]

us too although have not put that many offers in lately. It sounds like I should get off my but and do a bit more. My last flyer mail out was a flop to be honest. Not one motivated seller in my entire city. I think the direct approach will be a bit more effective and we have a list of properties that suit what I am looking for.

True about the…[Read more]

Does anyone have any specific examples of buying below market? (I know this term causes debabte but lets just take it for what it suggests for the sake of discussion).

Gross has given a few examples of developments where problems are being solved to make a gain.

Has anyone been able to get into that PPOR suburb that they thought was out of…[Read more]

surely a vendor could not be prevented from giving you access to information about deposits in his own bank account if he was that way inclined. That would have nothing to do with the tenant.

Cheers

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

Is it time to buy?

Always!!

Sorry I can’t comment on that particular market.

But I wholeheartedly believe that investors who build portfolios in this part of the market cycle are the ones who will benefit. Doing what everyone else is doing when they are doing it is surely a flawed strategy.

Not sure if i have ever read a book describing how a…[Read more]

Hi,

Hope you don’t mind a bit of extra advice.

So you are looking at incurring a near 60k debt for a degree with an uncertain prospect of employment. All your friends are rushing off to uni and it is going to be great?

If you are looking for a serious alternative I would get/keep your job or find another job in a related field. Work for a year…[Read more]

Option 2 over one every time at your age!!!.

but…. don’t spend less time choosing the investment property just because it is an investment. If I was in your situation I would try and find a mid yield property in an area close to your home that families are moving to. Try and buy somewhere where people actually want to live.

Probably a good…[Read more]

Hi Art,

Unless things have changed alot lately in OZ you SHOULD be able to get IO finance (depending on your circumstances). PM one of the brokers on the forum, get a phone number and make some appointments.

Io finance is a very valuable tool that you can use to keep the level of debt servicing repayments down while you are using the money…[Read more]

PS: I already have someone setting it up for me ($235). This could be part of the answer – maybe go to another firm pay a bit more a get some good advice. If i was to guess I would say can’t see any reason why the charity can’t be one of many of the beneficiaries of the trust. cheers

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

to put a caveat on you must be able to show that you a financial interest in the property so you do need to have physically lent the money to an entity and had it documented( hense I said was the loan documented to the entity and then if it was yes you could have put a caveat but this would have done no use anyway as jv parnters in normal coarse…[Read more]

thanks. yes it is great to finish.

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

Hi niniebear,

Where are these units located. What state. I have many buyers in asia looking for genuine opportunities – me included . Pm the details or email through and I can give you a call.

cheers

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

thanks. The finish and detail are what we are most proud of in this home. cheers

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

Does not really matter if you are not a property investor foundation! Those of us who are actually investing need to take a position. Those who are sitting on the side lines can only commentate and wish they had the guts to do something!

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

NZ Business Confidence Improves In June
30/06/2006 08:38 AM
Reuters
New Zealand business confidence perked up in June as inflation expectations steadied, a survey showed on Friday, pointing to moderate economic growth this year.

The National Bank of New Zealand’s monthly Business Outlook showed a net 16.6 percent of companies expected their own…[Read more]

Well most of the US is a full on buyers market. You can pretty much purchase property at year 2002 prices.

Hi Solomon – I like the sounds of a buyers market in any location which states are we talking buyers market. Is this still the case in properties over 200k USD in better areas. ie where local people buy property.

I Buy Property…[Read more]