Don. replied to the topic china and investing there in the forum No Subject 18 years, 6 months ago
hi gross – seems like that is the way to go when heading off into these foreign markets. got to join forces.
10% Yield Deal available NOW!!!
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic real estate agents games in the forum No Subject 18 years, 6 months ago
They got it. My husband thinks that the agent used us to see how low the vendor would go and then call their best mate and say ” come and put an offer on this house you can get it at a great price”.
get and expiry clause in your offer – first ask where the vendors are, local? when could an offer be presented if you made one? the base the expiry…[Read more]
Don. replied to the topic Latest NZ Market News – FYI! in the forum No Subject 18 years, 6 months ago
Fixed interest rates are on the rise in NZ.
Without getting to much into it westan there is alot of information that you are putting out there that is just your opinion which is fine. That’s the point of forums.
You are a long time contributor and people respect your opinion but some of the stuff you are saying is out of date or not true – the…[Read more]
Don. replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 6 months ago
That is what makes the proeprty cycle go round…. those that pull the pin when the other sheep start bleeting”(noise sheep make when they are looking for thier young!)…. and those that know that if they stick to what they know then they will also make great profits out of a market that is going backwards or flattening sideways.
Sage words…[Read more]
Don. replied to the topic but i am only 19! in the forum Help Needed! 18 years, 6 months ago
i think its time to sit down n get a plan together and a guide for the future to get u going in the right direction.
great idea – physically write it down and give a copy to someone you trust who can give you a nudge every once in a while – 19 – there are going to be sooooo many destractions alway the way.
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic but i am only 19! in the forum Help Needed! 18 years, 6 months ago
i think its time to sit down n get a plan together and a guide for the future to get u going in the right direction.
great idea – physically write it down and give a copy to someone you trust who can give you a nudge every once in a while – 19 – there are going to be sooooo many destractions alway the way.
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic Just one tip with negotiating in the forum Help Needed! 18 years, 6 months ago
hi peter – just one thing wanted to add to your comments- very risky and not good practice to tell half truths etc when you made your 5% is the norm comment you could have blown it there in the credibility and integrity stakes. Long term you are going to get more deals/opportunities with ethical negotiating. Hard line can still be taken without…[Read more]
Don. replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 6 months ago
Hi Westan,
Do you want me to tell you that it is a good idea to invest in NZ again?
Are you in or out of NZ – your website says you still do NZ as does your recently changed tag line. It is a curious position given you are so vocally negative about NZ.
Can’t have it both ways my friend.
Regards
Don
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 6 months ago
Westan says
As the economy slides i expect buyers will vanish- after all its all about supply and demand- thats whayt drives up markets.
Local NZ Data (just todays news stories not hard to find the facts if your look)
International monetary fund, new zealand government and world bank say –
Print this page
Unemployment Lowest For 20…[Read more]
Don. replied to the topic Risks with off shore investments in the forum No Subject 18 years, 6 months ago
You must be very familiar with the country you are living in, must know the relevent laws and proceedures – eg. eviction of tenants, tax, lending etc.
For most people, I would say why bother. There are plenty of opportunities here is Australia, so why take the extra risk and/or complicate things.
I agree with terry and would go further and…[Read more]
Don. replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 6 months ago
Hi Flash,
You are on the money there- alot of long term investors are focusing on the south especially invercargill because of the areas economic future.
Just from this weeks press – quantas visited this week and are close to signing a deal to take the slots for weekly international flights. runway upgrade complete already taking 737…[Read more]
Don. replied to the topic Interest Rates Up! in the forum No Subject 18 years, 6 months ago
retail sales data
Australian Treasurer Peter Costello said that softer-than-expected retail sales data for March showed the economy was not growing too fast.
“I think they were a little softer than was expected, but it shows that the economy is still ticking along, but not ticking along in any unsustainable way,” Costello told reporters ahead…[Read more]
Don. replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 6 months ago
thanks for the articles kiwi!!
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic Interest Rates Up! in the forum General Property 18 years, 6 months ago
1. I plan on building my portfolio to at least 15+ properties in the next few years, depending on finances and market forces.
2. I do not intend to sell these in the next 15 years, as selling properties will not build my portfolio (unless of course there are ridiculous capital gains to be made!!)
3. If i am going to buy something I want to be able…[Read more]Don. replied to the topic Interest Rates Up! in the forum General Property 18 years, 6 months ago
DLPP,
I would think coal is a very different proposition from iron ore or oil/gas for example.yes – you a right there would be a big difference.
and you will find that people are unlikely to accept that things are better in say wa right now than sydney,nz,us and many part of the world. I suppose all i am trying to say is that all growth is…[Read more]
Don. replied to the topic Interest Rates Up! in the forum General Property 18 years, 6 months ago
There will be more opportunity for cashed up investors, as the number of properties put up for sale is unlikely to fall, however the number of legitimate buyers will diminish. When supply exceeds demand, price falls and/or buyers are more willing to negotiate.
can’t wait
with a long term view of real estate investing we see flatter…[Read more]
Don. replied to the topic Buying your first property in the forum Heads Up! 18 years, 6 months ago
eve – always good to keep an open mind – there is no one right way to get things done and along the journey you will have to chance, adapt an be flexible – may as well get used to it from the start.
cheers
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic Timber Flooring in the forum Value Adding 18 years, 7 months ago
hi – if you decide to go with timber flooring search out an auction centre. The trading post in your area will help you find the nearest auction. You will save about 50% especially if you don’t need a full bundle.
cheer
I Buy Property http://www.cashflowproperties.co.nz
Don. replied to the topic A Bit of Encouragement in the forum Help Needed! 18 years, 7 months ago
I fervently want to believe that it is possible to succeed- if we keep our eyes open, ears open, and treat investing like we would any other employment opportunity. -ie.If we put nothing in, we get nothing out! Work hard – and get the rewards.
well said – and good to see some positive comment.
I just wanted to add that it does get easier as you…[Read more]
Don. replied to the topic REWARD!!!! For New company name in the forum Help Needed! 18 years, 7 months ago
What’s the Reward DrX?
I Buy Property http://www.cashflowproperties.co.nz
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