Thanks C2 – rates could go a long way down yet. I heard something about 4.5% cash rate in general media yesterday. I am sure many of us are doing the sums at what point you can build a new dwelling and hold at a cash neutral position.There is alot of stock siting on the market in some areas so you would imagine this would get taken up first.

What the?

Make that a triple of the first home buyers grant!!!

The US is already half way through it's recession which is forcast to last 16 months or a bit longer.Back in January their recession was not news as we were more worried about the price of a tank of petrol and that whale over in pittwater.Boy is it news now.We have turned the corner into a low interest rate low growth environment.Finance will be…[Read more]

WEALTH 4 LIFE – Image the cashflow – finance at 1% and rental returns at 6+%

"Thats easy because you and I like so many other people here are in the business and derive an income from finance, real estate sales, construction, renovation or coaching so we need to keep pepping up or future clients."Yeah, but I don't reckon anyone will invest in anything because of what anyone posts in here. People think about investing l…[Read more]

Okay then – why do we believe the good news and not the bad out of the same speech from the imf. All/most of the media comes from these source documents.

so where is the hope today for the majority verses the minority??Why should we not believe the IMF prediction that australia will do better and grow at over 2% next year?

Crashy – you are probably a bit ahead of the curve. There is usually not much hoopla about property until it is too late or at least until most of the gains have been made. There will be a dozen reno shows on tv this time next year and we will all be back on these forums discussing how smart we are and how much money we have made. Or will we?By…[Read more]

Not 1% rates yet but a 1% cut.  The Australia Market soars and property trust track upward.More rate cuts to come!!! Watch this space.

18 months more pain before the gainPerhaps but I predict/no guarantee that in 18months there will be a host of seminars and books about how you can make a killing in Real Estate.The catch will be it will be all strories about what investors are doing right now in this market and how they profited.

Employers set to lure skilled workers to Southland 4:00AM Sunday Aug 31, 2008Andrea MilnerTim Shadbolt says Southland's economy is comparable to that of top OECD nations. Photo / Getty ImagesSouthland employers are set to launch a raiding party to lure Auckland's skilled workers to the region led by the Mayor of Invercargill, Tim Shadbolt.Shadbolt…[Read more]

Miners generally aren't buyers in the area that they work (they are itenerate). How long is the boom going to last (until China & India run out of money). Will the mines pack up and go? Yes, eventually. You will need to find out the life of the mine, its viability and whether there are any other industries which will survive without the money from…[Read more]

probably safe to invest locally at the moment. Even select areas in NZ offer some very high yields at the moment.http://www.cashflowproperties.co.nz

It is a very interesting question indeed. Given the high levels of volatility it does make the mind tick over at the possibilities. If I lived there then it may be a different story. It would be hard to see any light at the end of the tunnel with the constant barage of negative media coming at you. A good time to have some cash in the bank and buy…[Read more]

Yes nigel 8% is a very good yield for a residential property at the moment down south. I always stick up for my adopted home town as there are bigger things on the horizon which is why I am still buying there. I admit that it would probably be hard for an outsider to find good value but we are working on a deal (residential) right now that would…[Read more]

most banks in nz have fixed rates under 9%  at the moment. The catch is you would have to fix for 5 years to get those. If you have a good broker you would get at least .5% (probably more) off that as well as the bank paying for your legal fees, zero application fees, waive valuation fees, lends of 90% lvr to aussies (85% plus for self employed w…[Read more]

we purchased a house six weeks ago in invercargill with yield of over 8% on a subdividable section in a very well regarded part of town which is now fully tenanted on fixed term leases. Granted they don't grow on trees these days so some say they don't exist – they do! 

Kieran Trass has a site called subrubwatch.co.nz . There is a link to it on my site purely because it is a great resource. He was very recently quoted in the New Zealand herald sighting invercargill as a 2008 hotspot – there is a free list of some other areas that are areas to watch for this year as well.  Basically anywhere with serious economic…[Read more]

hi – we are buying in that market so may be interested in them myself if you care to forward the details to http://www.cashflowproperties.co.nz If not and you are selling without an agent I would speculate that trademe.co.nz would get the most traffic and infact most agents list there along with there own sites.