Don. replied to the topic Australian real estate the worlds most expensive in the forum No Subject 19 years, 3 months ago
How are the figures “adjusted”? Is it for average earnings or GDP or something else?
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs! Email us to receive details of upcoming deals.
Project management also available – finding solutions for problem properties! We can manage your…[Read more]Don. replied to the topic Do I have to pay CGT in the forum No Subject 19 years, 3 months ago
Hi,
Agree with Dr X. You can only nominate one PROR at a time.
Looks like you will to pay tax but remember you may be entitle to the CGT discount if you have owned it for twelve months and the dates start on the date you exchange contracts and not settlement date.
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who…[Read more]
Don. replied to the topic Landlord Insurance in the forum Help Needed! 19 years, 3 months ago
Thanks Dr X,
Have made a mental note. Just wanted to add one thing to the discussion about my personal experience with insurance companies.
It really really depends on the individuals you deal with when making your claims and the way that you submit your information. You need to be 100% truthful but you need to give the insurance company the…[Read more]
Don. replied to the topic BUYING vs RENTING in the forum Help Needed! 19 years, 3 months ago
Hi
It is very common for investors to rent. It becomes a lifestyle choice in the end.
I am currently renting and it seems every time this issue comes up more and more investors admit to living in rentala.
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs! Email us to receive details of…[Read more]
Don. replied to the topic Christchurch in the forum Overseas Deals 19 years, 3 months ago
Hi Djmetz,
I would have to agree with the others on the southern city. If you have not been there for a while grab one of the crazy $38 Flights and spend a few days having a look around.
Castledreamer lives up that way. What you really want is someone who has the local connections not only to find a deal but make things happen for once the deal…[Read more]
Don. replied to the topic 19 year old, whats my next step? in the forum Help Needed! 19 years, 3 months ago
Hi Dammit,
I bought my first IP at 20 and you are right, the equity will/should help you buy a PROP at a later stage.
When your other friends are just starting to save for deposits you should be well on your way.
At 19 the most important thing I can think of for you is to have an investing plan that is flexible enough to fit in with your…[Read more]
Don. replied to the topic property viewing in NZ in the forum Overseas Deals 19 years, 3 months ago
Hi Guys,
But anyone wanting to buy form a buyers agent would be better to use someone who is either on the ground – like Don and Liz, or has a team on the ground.
Thanks for the vote of confidence.
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs! Email us to receive details of…[Read more]
Don. replied to the topic Calling all Bird Dogs! in the forum Overseas Deals 19 years, 3 months ago
Hi Kay,
I read that articile in API and thought it was contrary to what I was seeing here on the ground in Invercargill. Well I was right! Latest stats show that mediam prices have increased 10K in the last quarter.
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs! Email us to receive details…[Read more]
Don. replied to the topic Landlord Insurance in the forum Help Needed! 19 years, 3 months ago
Hi DrX,
Can you name the company that sent out a PI for a 5k car. I will be staying away from them. You are right that is a big time hassel for a work ute.
cheers,
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs! Email us to receive details of upcoming deals.
Project management…[Read more]
Don. replied to the topic Landlord Insurance in the forum Help Needed! 19 years, 3 months ago
Hi Wild One,
Thanks for the feedback!
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available – finding solutions for problem properties!Don. replied to the topic Have I got deal for you !! in the forum Help Needed! 19 years, 3 months ago
Sorry if I sounded vague on my criteria. I live in Sydney but are open to looking at interstate and NZ properties that are CF positive of course.
Richo – send us a pm or email if you want to get put on the distribution list for deals that are coming up shortly.
Did you have any pointers about small space design and the student…[Read more]
Don. replied to the topic Conversations that Add Value in the forum Opinionated! 19 years, 3 months ago
When you haven’t seen failure and have had some success, you can start to believe you are a genius. That is fatal in the share market.
Probably applies to more than just the share market!
Cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available -…[Read more]
Don. replied to the topic Landlord Insurance in the forum Help Needed! 19 years, 3 months ago
I reckon if you sat down and did a cost benefit analysis w.r.t. insuring your IP’s, the only event worth insuring is the full on fire scenario, and even then they’ll try their utmost to wriggle out of it.
Have to just caution this. I can think of many events where insurance will be worthwhile..
Last year: Minor fire in kitchen. Owned house two…[Read more]
Don. replied to the topic Property Inspections by RE Agents in NZ in the forum Overseas Deals 19 years, 3 months ago
Pavlina,
Just one more thing. Don’t be afraid to get involved in the tenant selection process. You can head off many “potential” problems by being actively involved.
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available – finding solutions for problem properties!
Don. replied to the topic “bad streets” in Tokoroa in the forum Overseas Deals 19 years, 3 months ago
Hi Dohicky,
Have you considered going back for an up to date DD trip. Doing it that way you could pick your streets and wait for a property in your preferred location.
Try a pm to Muppet on this forum. Local knowledge is invaluable.
cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your…[Read more]
Don. replied to the topic News Story from NZ in the forum Overseas Deals 19 years, 3 months ago
https://www.propertyinvesting.com/forum/topic/17587.html?SearchTerms=kiwi,saver
Election time at the moment so there are alot of new policy ideas.
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available – finding solutions for problem properties!
Don. replied to the topic Have I got deal for you !! in the forum Help Needed! 19 years, 3 months ago
Richo,
Great to get someone from design and architecture on the forum.
At the moment I am trying to research design and furnishing of small spaces eg student accomodation and short stay accomodation.
Have you got any good sites or reading you could put me and the other forum members onto.
Do you have specific investing criteria in mind for…[Read more]
Don. replied to the topic Landlord Insurance in the forum Help Needed! 19 years, 3 months ago
Hi Wild One ,
Have you had any experience with claims under the barclay plan?
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available – finding solutions for problem properties!
Don. replied to the topic News Story from NZ in the forum Overseas Deals 19 years, 3 months ago
Hi Westan,
Is this the one that is specific to state housing clients or is it another deal altogether.
cheers
donandliz@xtra.co.nz – Experienced investors living in NZ who can find properties to meet your needs!
Project management also available – finding solutions for problem properties!
Don. replied to the topic Conversations that Add Value in the forum Opinionated! 19 years, 3 months ago
Hi Wes,
It is not in someone’s interests to get hyped and carried away being “positive” if they are setting themselves up for disappointment. I love this forum because you get many different viewpoints, but you must always search for truth, rather than the hype.
I agree with your comment about searching for the truth…well I don’t realy…[Read more]
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