fpl replied to the topic Homework from Auckland Seminar on July 9 in the forum Overseas Deals 19 years, 5 months ago
Hi Sinead,
Me and my wife wer there too. Steve’s seminar hit the mark just right for us. It changed my paradigm’s and reinforced having our strategy written down and clearer. That way I know where we currently are, and what outcome we want. Buying the profit is definitely harder now, even in the provincial centres, so you have to put on your…[Read more]fpl replied to the topic What are some abbrev used on Forum mean? in the forum General Property 19 years, 5 months ago
Thanks!!
fpl replied to the topic Depreciation Recovered – NZ property in the forum Overseas Deals 19 years, 5 months ago
Hi, I’m not overly experienced but have had some direct experience with this.
Not sure how you have depreciation recovered and capital gains tied in. As I understand it, capital gain in NZ are taxed only if you are a trader and the original intention was to buy and sell the property for a gain as opposed to buying to realise income (rent). If you…[Read more]
fpl replied to the topic New investors in the forum Overseas Deals 19 years, 5 months ago
Hi Rob & Jo,
we were at the same MasterClass yesterday. We are NZers and cuurently have 6 properties in NZ, including 4 in Auckland but have stagnated. For us, we found Steve’s seminar hit the mark when he talked about having your strategy and plan in place before you move ahead. It’s easy just to apply a ‘scatter gun’ approach without a plan.…[Read more]
fpl replied to the topic Smoke Detectors in the forum Help Needed! 19 years, 5 months ago
$20 is a no brainer. Your tenants would appreciate it, and if they are good ones will retain them for longer.
Cheers,
FPLfpl replied to the topic Oliver Hume’s Investment Property Strategy in the forum Help Needed! 19 years, 5 months ago
You’re sitting on a website that has provided proven strategies to lots of Australian and NZ investors. I suggest you find out when Steve and Dave run their next Masterclass or similar. They provide great info to get your investing thinking and strategy heading in the right direction.
I’ve just come out of their Masterclass in NZ. I ask you, why…[Read more]
fpl replied to the topic help….!!! in the forum Help Needed! 19 years, 5 months ago
Hi just joined this forum (from NZ).
Have you considered a basic cosmetic reno and quickly selling the underperforming property, and start again afresh?
Sorry if I have not understoood all the subtlties of your situation but hope this helps.