Don. replied to the topic Hypothetical Question in the forum Overseas Deals 19 years, 1 month ago
Hi,
This is a hard one as it really depends on where you are starting from and what you are trying to achieve.
There is no agrument that some level of gearing will allow you to increase your wealth faster all other things being equal.
What sort of property??? Will just say that each form of investment requires different skills from the…[Read more]
Don. replied to the topic plan for next year? in the forum General Property 19 years, 1 month ago
Hi Dr X,
We are still buying residential properties in New Zealands South Island. We have our feelers out for good properties in OZ as well.
We are also investing full time now and have just found a lender who is supporting us even without proper jobs. This is a huge boost and means 2006 will be a bumper year. This also means that our portfolio…[Read more]
Don. replied to the topic It’s only advice…. in the forum Legal & Accounting 19 years, 1 month ago
Hi Dazzling,
Well done on reaching a conclusion that seems to have made everyone happy.
It sounds to me that you are learning that negotiation is a team sport. Each team sends in different members to perform certain roles and achieve certain ends. I don’t know the details of your situation so it may not apply to you.
My gut tells me that the…[Read more]
Don. replied to the topic Ever Lost Your Cool in the forum No Subject 19 years, 1 month ago
That’s right! The waxing – ouch!
The enron things sounds cool. Maybe I might understand some of it. Seems like a million years ago now but I actually studied economics at uni – even if it was newcastle uni. I wasn’t a real student because I did not stay drunk from wednesday to monday morning. Reserved my drinking to once a week after work on…[Read more]
Don. replied to the topic Success in the forum Overseas Deals 19 years, 1 month ago
No probs. Will Do!!
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Don. replied to the topic Which Country in the forum Overseas Deals 19 years, 1 month ago
last time the jap comm property market one of the guys threw up a link for a listed local fund that buys into that market. Probably a good way to start if you are after that type of exposure. This is an area of investing I find myself doing a bit of reading on at the moment so find peoples opinions very interesting!!
Don. replied to the topic Ever Lost Your Cool in the forum No Subject 19 years, 1 month ago
Gatsby, hopefully you will get to see the film in a crowded cinema like we did. Everyone got right into it and a girl just up the back had a real strange laugh but got the jokes just a little slower than most so waiting for her to burst out laughing was worth the 13 NZD entry alone. Oh and also choc top and pepsi. $8.
Don. replied to the topic Investors flee property in the forum Opinionated! 19 years, 1 month ago
Come on clones! If you can’t find a good deal in a growing area that’s fine.
Perhaps you need to expand your view a bit. I don’t mean to be condesending but as one of the others said there is not alot of info relavent to the headline in this story.
The term “investor” is thrown around in the media. Seems that some of the people acting this way…[Read more]
Don. replied to the topic Which Country in the forum Overseas Deals 19 years, 1 month ago
“Look around the table, if you cannot immediately identify the sucker then it is you”
Agree, but I reckon it will still be cool to hear from people that are investing further afield.
Australia is such a (dare is use the word) multicultural place that the must be people investing in their homelands so to speak.
What about people who have jobs…[Read more]
Don. replied to the topic Which Country in the forum Overseas Deals 19 years, 1 month ago
Okay Mike,
Say you had some cash what sort of returns would be on offer. We have all read alot of negative press about the Japanese property market.
I just read an article in the economist about Japan finally turning the corner. What the local vibe?
donandliz@xtra.co.nz
NZ Investors & Property Spotters
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Email…[Read more]Don. replied to the topic good books in the forum Heads Up! 19 years, 1 month ago
How about the millionaire next door and millionaire mind. They explode a few myths about the deca millionaire
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Don. replied to the topic Bathroom renovations in the forum Help Needed! 19 years, 1 month ago
Most people would agree that a bathroom can make or break a sale. I personally hate those shower baths but they are literally everywhere in NZ.
The problem is that you have to stand funny in them or sideways or something. What is with those baths that are so short you can’t lie down or don’t hold enough water to cover you. What the!!
I have just…[Read more]
Don. replied to the topic Ever Lost Your Cool in the forum Forum Frolic 19 years, 1 month ago
Yeah, where do all these old words come from?
Has anyone every hung up and had them ring back and say “I’m sorry but I think we were cut off”. I have heard this story a few times but I’m not sure if its just an urban ledgend.
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on…[Read more]Don. replied to the topic Which Country in the forum Overseas Deals 19 years, 1 month ago
Hi P&J,
Cool but how would you go about investing in a country that you don’t speak the language. As Dr X points out. Remote management is definitely one of the things you have to sort before you invest.
I would go as far as saying that establishing management is more important than finding the IP’s in the first place.
Making sure that good…[Read more]
Don. replied to the topic Nth Island Hot Spots! in the forum Overseas Deals 19 years, 1 month ago
Hi Luke,
So did you buy IP’s on the lastest trip. If you decide to fly freedom for the next trip lets hope they get the new air buses up and running on the sydney dunedin route. Those 737 400’s are very squeezy!
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Don. replied to the topic NZ Property Site in the forum Overseas Deals 19 years, 1 month ago
Well Done Mike. Keep up the good work.
I was just reading your comment in another post about management being different in NZ. It’s funny because I have just had some people from the UK make the same comment.
Are you still living abroad or are you back in OZ?
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project…[Read more]Don. replied to the topic NZ market info in the forum Overseas Deals 19 years, 1 month ago
PS Dr X,
Just missed out on a commercial deal down here that would have been right up your alley. Tenant just re signed for 3 years with ROR.
Only Returning 11% but under 200k.
Your little complex is looking good!
Cheers
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project ManagementDon. replied to the topic NZ market info in the forum Overseas Deals 19 years, 1 month ago
Oh, and they left Invercargill out of the article. The southern city did 10% as well.
donandliz@xtra.co.nz
NZ Investors & Property Spotters
Renovations & Project ManagementDon. replied to the topic What would you do with $250K?? in the forum Help Needed! 19 years, 1 month ago
Hi Chevy,
My advice is to put it in a six month fixed term account and spend the time learning, learning, learning. Discuss the options with experts in their respective fields and then sort oout what you want.
I also agree with derek. This is very sound advice.
Another thing you might want to do is think of the money a seperate smaller…[Read more]
Don. replied to the topic Valuations NZ in the forum Help Needed! 19 years, 1 month ago
Hi The Saint,
The valuation will be a very valuabe tool when planing your reno. Even more valuable if the same mob come back to do the second one.
Cheers
donandliz@xtra.co.nz
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