Forum Replies Created
Hard question on the home of positive cashflow investing.
Would I? Yes!!
Why?
I goes like this. IMO only of course.
Growth: (of the capital kind) is how we get wealthier over time. That is pretty straight forward.
Gearing: Use debt to get into more investments and multiple potential growth streams.
Cashflow: How we pay for investments with strong fundamentals.
DO the sums like Dazzling has. Work out what the investment costs you and how much capital growth pa you need to make the investment decision.
What is the EXIT strategy? What are your goals? What is the purpose of the investment? Who will want it when you are finished with it? How can you add value? How can you increase yield? What is happening in your town? Your Street? Next door? How will you structure the investment? What is the holding cost? Cost of finance alone? and on and on? The cash flow component of an investment is significant but it is not the be all and end all.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!HI Pete,
They say you can tile straight over gib or gyprock aqualine sheets after just sealing the surface. I would feel more comfortable tiling over the fibre cement products. The sealing compounds have a success that is dependant on curing times and temperature etc.
cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Yes!! I am a convert to this stuff. It is super durable for tenants and it fairly low cost and still looks great.
Great for shower baths and if installed well would look pretty good in the kitchen too.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Will Do!
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Thanks for the update!!
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!Hi Mei,
I just wanted to say I know nothing at all about investing in Singapore. So keep talking!!!
This forum is fantastic in that we get people with diverse investing experience willing to post info about their experiences and activities.
You probably know more about investing in singapore than most on the forum. Who knows what we all will be doing or where we will be living in 5 years time.
Keep the information coming.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 investors side of things as well as the available capital to make things happen.
You really need to know where you strenghts and weaknesses are and how much time you can devote to making sure that the investments perform to their full potential.
Research, planning and management are probably the key initial considerations to look at.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 is expand all the time with massive equity gains from each property.
In 2006 we will be expanding the property spotting service that we have started. The business has been registered and all the structures are set up.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 situation you speak of probably relates more to being part of a “tactic” than the lawyers being unnecessarily involved without a reason.
Usually solicitors will act on the instructions of their client and not contrary to them. This is the hope anyway.
Again without knowing the details after all this smoke and mirrors and techniques used you were happy to sign the documents and ready to cellebrate.
These tactics create presure where there is none and urgency where there is none usually in order to motivate a party in the negotiation.
You know all this I suppose but when you are “in” the situation it could be harder to see.
What you may also get is a bit of good cop bad cop. The new tennant knows that he will have a long term relationship with your organisation. He may also think that at the 11th hour there is a chance that he can gain some advantage by the caveat etc.
He does not want to go in hard against you and risk you spitting the dummy and booting him or walking away from the table. He does not want to sour any future potential relationship.
So it is possible that as a shrewd business man he can see an opportunity and sends in the “boys”to see what he can get out of it. These advocates have nothing to loose. It matters not to them if you hate them.
However, your relationship with your tenant is very important. Sending in the advocates asking for more allows the tenant to walk back to the table all smiles and confused and take the original position without loosing face or making any consessions to you for the “experience”of the negotiation.
He may even apologise for their behaviour but this is a hollow type of statement and really serves to increase his position of authority with you. ie you now place him in higher steed because he is a civilised man and not like these hounds that were falsely representing his wishes.
Of course it may not be like this at all but it is possible. If lawyers consistently acted against the wishes of their clients in this way it would not take long before they had none.
If it was that the solicitors were acting against the tenants wishes as soon as he found out about it then the position would change. If he is made aware and the position stays the same for some time you would have to thinks that the tenants is aware of a potential gain and is “having a go”or trying to gain a commercial advantage using the solicitors as the “bad cops”.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 Sundays – very boring. I remember studying economic history as a naive 20 yr old thinking we are making the same mistakes now as before and that thought made me a bit anxious. Now the same thought is comforting but I am not sure why.
Anyway a bit off track ramble blah blah Blah.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!No probs. Will Do!!
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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!!
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 are speculators, worse than that speculators without an exit strategy who are reacting rather than taking action.
Here’s the hopig that something positive can be found “right now” for everyone.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!“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 for say the UN, armed forces etc etc etc and move around all the time. Any interesting purchases out there?
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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?
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!How about the millionaire next door and millionaire mind. They explode a few myths about the deca millionaire
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 taken a poll and 100% of those surveyed would not take the bath out. That’s right, both poll participants would keep the bath.
What about one of those cool showers with two heads and a chair thingy bolted to the wall to sit on. That would be pretty indulgent.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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.
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!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 management is available is the first thing we do before deciding to flip. The other thing is everyone has different standards. Some people have low expectations and don’t mind what happens as long as the rent gets paid.
I still freak out if property managers try to slip as dodgy tenant by me!!
Dr X might agree. You can check references but alot of these character judgements are gut feelings. My property manager is OZ says things like “everything checks out but I have a bad feeling”. She is mostly right.
Anyway, enough about NZ.
Lets hear more about cool places like Estonia!!
[email protected]
NZ Investors & Property Spotters
Renovations & Project Management
Email now to receive info on the lastest deals!
