xdrew wrote:
I'm going to sound Freckle'ish on my next statement ..

ROFL.. 

As things stand we're not far off taking a hit here. When interest rates are being forced into the floor then you know things are much worse than they're letting on. The government is about 2 years too late in developing fiscal policy to manage the resource wind…[Read more]

Sorry for the delay Ziv. In the last week of packing and loading a container.

Japan's pathway to economic stability has always been to reduce deficits and get its debt down to manageable levels and eventually reduce to a modest percentage of GDP. Japan worked on the premise that it could outgrow its debt in good times. It failed miserably on that…[Read more]

If a fence is generally in good condition especially the post and rails then straightening a fence is not a difficult solution. Dig around your post until you can realign it and backfill with concrete in a bag. Generally a post hole should be 900 deep. You only have to fix the bottom and top of a post hole to stabilise a post. So concrete in the…[Read more]

Jeff123 wrote:
The numbers look in the normal range, you've done your DD, if you're still having doubts you should probably pull out.  Often your gut is the best test.  Final decision can only be made by you though.

I'd go with Jeff. 

You're at the bottom of the range as far as "does it pass muster". We all have different bench marks but…[Read more]

I'm glad Abe's not a doctor. His medicine is all feel good stuff. Japan is like a patient with a gangrenous leg. You can juice him up and make him feel good but underneath the bandages the rot continues. At some time in the future they'll realise they should have chopped the leg off when they had a chance. Soon they'll be chopping both legs off…[Read more]

ChrisA1 wrote:

Are property investors a dying breed (certainly not from the ever increasing number of members on this site!)???

Nope. You'll see investment tighten everywhere as markets correct. Money generally chases yield and when yields are poor in a sector then other sectors are favored. Property yields decrease as prices rise. While…[Read more]

Gotta luv yor optimism. And the band played on…..

He was in the low 70's. He's goner. Writings on the wall. When you need teen bands, sumo and FB to get by things are definitely looking sad. I doubt if half his followers are old enough to vote.

JacM wrote:
As I said, Richard is most definitely not in that bucket. Not everyone is in it exclusively for the money (or needs the money for that matter). People who genuinely enjoy helping others are not completely extinct yet. I have seen Richard put the brakes on people who are not suited for, or not ready for becoming a landlord, explained…[Read more]

JacM wrote:
Sorry Freckle won't let you put Richard in such a bucket.  Very focused on the best interests of his clients over and above his own interests. 

The industry pros provide good quality advice and technical expertise that addresses a prospect's financial capability or ability to invest and the best way forward to achieve that. What…[Read more]

Looks like Abe's days are numbered. He's on the slippery slope even though his popularity is high the trend seems clear. Reversing that trend would take a small miracle I think.

JacM wrote:
painting, and preparing to paint, takes ages. removing old silicone is not a 2 second job either. 

I could strip and resilicon a shower in about 30 minutes Jacs and If I couldn't prep and repaint 2 bathrooms in a day I'd hang up my brushes.

Telecaster wrote:

Any advice would be greatly greatly appreciated!

Hmmmm… If you couldn't swim would you try and swim Sydney harbor? My guess is no. You would learn to swim and then train so that you had the ability to go the distance. You may even have a support crew.

So you know zip about investing let alone property investing but you…[Read more]

kennykennykenny wrote:

Remove debris covering ensuite ceiling fan and install barrier to protect fan in roof cavity 1.5hrs

Replace broken DIY light shade in hallway 0.25hrs

Repair cracks in the walls and ceiling in the ensuite

Repaint ensuite walls and ceiling to match the existing colour scheme

Repair cracks in the walls of the main…[Read more]

Lefty wrote:
Hey Freckle, some might say you  have been sighting the sun to long

LOL.. heading back to NZ in 2 weeks. Snow and rain everywhere…..brrrr.

It's time to circle the wagons. I don't like what I see coming in the next decade. NZ has a small sparse population that is flexible and adaptable. No matter how bad things get NZ will be…[Read more]

You can regyp over existing board just apply the new board in the opposite direction to the crack and  100% surface to surface bond the board with gyp glue (especially around the cracked area) to create a laminate structure. I would reinforce the existing crack first with some heavy duty joint mesh/paper (double layer) first. No guarantees…[Read more]

The current risk with RE markets at the moment is that they're running on hype and BS. 90% of the population wouldn't  know what's actually going on from one day to the next and rarely does the average Joe consider fundamentals in general discussions.

As I keep saying to people; market hype, political hype and industry hype can drive a market for…[Read more]

Ziv you need to dig a bit deeper. Coutts (AKA Bank of Scotland) is up to its eyeballs in BS. UK governments been bailing their backsides for a while now and they're still a dog of a business if any of Reggie Middleton's exposes on Irish banks and the RBS connection is anything to go on. If memory serves me correctly they're ranked number one…[Read more]

momogadea wrote:
In Nicaragua..
I would like to use a model like REFM, but dont want to pay that much. Any alternative ideas for a model?
Thanks

REFM is simply financial modeling not a feasibility model. Think of feasibility analysis much as you do business planning. The financial aspect is simply one component of the overall analysis…[Read more]

se7en wrote:
 ps any thoughts on Dubai market?

The Syrian conflict is the threat at the moment. If it widens it could engulf most territories in the Persian Gulf. The UAE sits on a strategic peninsular (Strait of Hormuz). 

The problem you have in that region is that it can be all rainbows for some period of time but given the current ME…[Read more]