always date of contract – that is by definition when a CGT event occurs

regards

D&L Property Projects Ltd
High yield quality NZ Property Deals.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

if you look up the county clerks office in the area you are buying you can find out the name of the owner.sales/history etc for free online – you might get a ery unpleasant surprise compared to what you have just paid

D&L Property Projects Ltd
High yield quality NZ Property Deals.Email to receive current deals & New Zealand Information…[Read more]

Hi Westan,

There is alot in this discussion that is getting a bit circular and to observers it is probably more obvious than to you and I.

We are talking about different things.

I am talking about long term assest accumulation.

You are talking about property trading ie buying and turning over properties within 3 to 12 months.

The currency…[Read more]

cheap clean up bill for that mess!!!!!!!!!!!!!!!!

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

and existing stock will need to be brought up to scratch with the new stuff or fall way behind in desirability

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

Hi Milly,

I was just about to answer when I decided to just say seek legal advice now about this even if it is just to put your mind at ease. The basic points are that as a defacto spouse or spouse his new partner would have a financial claim in the event of a break up and there are ways to protect these assests. You are on the right track -…[Read more]

I like the CC for a short break, but long term cg is difficult to pinpoint. that’s crazy talk jacque

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

That’s what i always thought about the idea when I caught the small ferry across to palm beach for a coffee. I don’t think it would be viable unless it stopped at palm beach first to pick up that crowd and then went on to the quay from there.

Trouble is that those things are so slow at docking that the added pick up would make it the same time…[Read more]

Update re rates kiwi bank is now doing 7.5% for 3 year fixed

this is exactly why i was telling people over the past 4 months to get as much money out of NZ as possible, either sell or finance out, don’t hold properties in NZ without a mortgage. If the Kiwi drops significantly then those who own a lot of Kiwi $ will loose. I’ve got most on my…[Read more]

looks like noone is gr – i’m using skype which is preety good for phone calls but I keep getting people pop up saying hello – what could they want?

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

Quote:
I personally like the Western suburbs, they are also affordable, the retuns are not as high just straight off the bat, but I like to manufacture cashflow using lease options. [/quote

Hi Xenia – any in particular?

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand…[Read more]

HI Kiwiwduvet,

Yes. very important part of the strategy.

On average ofver the past 20 years the kiwi moves about 15%. So timing cashflows in and out for purchases and expenses is an important part.

What I am finding now is that 75% of all my new clients are either based in NZ or are expats living in oz or the uk. These people are less likely…[Read more]

HI BDM,

This one time, at band camp- no really its a real story.

I once made an offer like that which resulted in the agent getting put out of shape and ignoring the offer. What I then did was focus all my attention I why the offer should be presented etc etc instead of focusing on the deal itself.

Basically while i was busy getting emotional…[Read more]

So the boom is at least 4, more likely 6+ years away. However money can be made in any phase of the cycle, including the recovery phase which is a great time to position yourself for the boom.

good call std

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information…[Read more]

You can’t have it both ways ned. If you are going to invest in anything that has a foreign currency exposure you have to factor that in.

Some people by more of things when they get cheaper in relative terms.

We still don’t have a single currency yet as of the 6th of feb howard and clark said it was of the agenda for the short to medium…[Read more]

That’s a hard one westan! At it’s widest the rates difference between aus and nz was 1.75% and this caused the strongest kiwi against the ozzie in 17 years. Now it looks like there is talk of a rate rise in oz later in the year and us markets a bracing for a round of rate rises. The nz currency and rates should settle down nicely to the long term…[Read more]

was buying ettalong beach 2 years ago not sure what is happening now. When I down there last multiplex had finished that resort thing and there was still plenty of “noise” about the ferry to circular key from ettalong. yields were 3% or something ridiculous. Any locals on the forum?

D&L Property Projects Ltd
Sourcing Quality Investments in…[Read more]

.you can’t buy “the market”. Worry about the individual title that you are considering and focus on that…..you can actually buy and profit from that. Great advice from dazzling.

You are doing okay already and have learnt to diversify which is fantastic. From this point is would take small, measured and regular steps to increasing your…[Read more]

Hi,

Definitely follow that up. What are the sourrounding businesses etc?

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ

So Wylie its a kiwi thing – these comments straight off the back of the launch of his new tv show that promotes profit through property on local tv here in nz.

D&L Property Projects Ltd
Sourcing Quality Investments in New Zealand.Email to receive current deals & New Zealand Information Sheet.
DLPP@XTRA.CO.NZ