FatBelly replied to the topic Pros and Cons in the forum Help Needed! 18 years, 6 months ago
Heres another suggestion to ponder to those others already suggested, why dont you buy an investment property first, ideally something run down that you can negotiate well on and spend some money to get it up to scratch. Then refinance based on the improved valuation after your reno and pull equity to move on to the next one and do the same…[Read more]
FatBelly replied to the topic Who’s Buying ? in the forum Help Needed! 18 years, 6 months ago
Have any of you guys looked at whats around in NZ lately? Yes we’ve been thru a massive property boom, but there are still property deals at 10+ plus yield, some even on the asking price!
Agree that you need to negotiate all your prices a lot in this market and making assumptions on asking prices is going to scare anyone away. Im regularly…[Read more]
FatBelly replied to the topic Motivation in the forum Help Needed! 18 years, 6 months ago
What motivates me is the opportunity to not have to work for someone else ever again, not by chance, but by choice.
Everyone knows someone who has achieved in a way to allow this choice, which is great because it allows us to see that normal people can achieve this. I think its a matter of constantly believing and telling yourself that you can…[Read more]
FatBelly replied to the topic Negotiating with an agent when selling in the forum Help Needed! 18 years, 7 months ago
In my experience selling your property is all about great marketing. If you can negotiate a lower commission rate but maybe agree to pay for some of the marketing, then this might be a solution.
In any case, if you think your property will sell easily in the current market, make sure you only sign up to the agency for a short time frame rather…[Read more]
FatBelly replied to the topic What would you do with 7k? in the forum Help Needed! 18 years, 7 months ago
Personally I wouldnt recommend investing in shares unless you know the sharemarket or know the company you are investing in. Would you put your money in a company you knew very little about and had no control whatsover over the strategy or future direction? I wouldn’t. Just like you wouldnt be advised to put this money into investing in a…[Read more]