This is so true

donandliz@xtra.co.nz
Property Finders living in NZ .
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Hi Dohicky,

Make sure you give us a ring if they start giving away waterfront properties in Ettalong beach, Daleys Point or St Huberts. Maybe even booker bay or terrigal.

donandliz@xtra.co.nz
Property Finders living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now for…[Read more]

Hi KiwiFella,

It all boils down to what you buy. If you buy $#*$ then it won’t matter who you have in your team. There is alot of it on the market at the moment.

Good tenants make the difference. Good house= good tenant. Simple. Crap house=crap tenant.

I did over a dozen open homes today and viewed about 25 homes during the week. This is the…[Read more]

self management is really a trap for young players. Just spend a day at a tenancy tribunal in your relevant state and see how the magistrates treat the owner managers. They just get crucified.

Go into the agency (get a new one first) and tell them that you would like to be released as you had expected more. I would be surprised if they don’t…[Read more]

no you are being silly

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

Hi Vyvyen,

what is so unique about this particular property – why is it your dream will your dream be the same in 2 years time Is your dream really worth eating baked beans for 2 years

Get a valuation done by a reputable firm with experience in that end of the market – gaurd this information with your life get finance pre approved in…[Read more]

and

Commercial Property with multiple use potential – technically zoned commercial but this ex thrift store/op shop is 5 km from cbd and has no parking

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

or

secure investment – rental gaurantee for 1st year

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

Close to transport – rail line in your living room

family neighbourhood – in the housing commission estate area

investor special – no one but a welfare recipient would ever consider living in it and even then would never pay you a cent in rent

Investors take note – come on suckers stick this one in your spreadsheet.

Motivated vendor – whoops…[Read more]

very nice work!

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

Hi Palmer,

In order to make a good investment it is my opinion that you need to not only know what you are doing but why you are doing it. Even then there are no gaurantees in life.

So good luck on starting the process but whooo there matey.

The knowledge in steves books will teach you the important linkage between cashflow and building a…[Read more]

Hi all,

Nice job richard. Who says long term investing is a bad strategy. Keep us posted nigel.

Cheers

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

Hi Guys,

We are also full time investors now. It is often awkward when people ask what we do. Usually we reply that we are on holidays or something like that.

Most people just don’t understand that you can still buy houses without a job. Got sick of trying to explain it to people. Especially real estate agents who seem to know less about…[Read more]

lmoa

donandliz@xtra.co.nz
Property Spotters living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now to receive info on the lastest deals.

Hi Guys,

Westan – i take the point about your reasons for leaving the NZ market. That is a strategy that you have chosen and many are taking your advice and investing with you.

I wanted to make the point that when you change your focus everything changes. The way you see the market changes.

I guess what I am saying is that if you stop looking…[Read more]

1) Finance – learn how to get money and learn exactly how to use it. Learn the real cost of money. Learn about the different products and sources of money and then have someone like a broker or banker do the detail work. ALWAYS have your legal people read your finance contracts. Know you exit costs and use real numbers in your calculations. Get it…[Read more]

Hi Nazzy,

I don’t really know. It would be nice though if investors could say between today and the “boom” slowly and diligently acquire “quality properties”.

A mixed diverse portfolio with enough cash flow to ward off interest rate pressures and a low enough gearing rate to take full advantage of the up market.

Read “Peter Spans” books. He…[Read more]

Hi Dohicky,

That makes two! Those guys are a week behind the times.[biggrin] Too be fair the other one was done is September right when that was biggish news in the paper and was supplied by the vendor.

cheers

donandliz@xtra.co.nz
Property Spotters living in NZ
Renovation & Project Management
Email now to receive info on the lastest deals!

Hi Westan,

I had only heard the uni idea mentioned in passing so I think it is one of those things that gets thrown out there. It reminds me a bit of the “fast ferry” to sydney from the central coast.

Just my opinion that the SIT is offering education to a niche market and they currently have to flexibity to change structure according to what…[Read more]

Hi Redwing,

Lino has its own underlay! Comes in sheets that are like wallboard or masonite etc and layed (if done properly) with packers to address any levl problems.

The underlay is glued and srewed to the floor and the lino clues straight over.

Cheers

donandliz@xtra.co.nz
Property Spotters living in NZ
Renovation & Project…[Read more]