Hey Jay!! Good of you to drop buy.

Pretty much agree with what you say. It meshes with much of what I read.

Steve's fund per se is OK by me. That's not the issue I see as problematic. Their economic and FX assumptions just don't gel with reality for me. The CRE report is up there with the worst I've seen. It was simply a restatement of…[Read more]

Both countries have a Double Tax Agreement. You are taxed by the country you live or reside in.

http://www.ird.govt.nz/international/residency/dta/

SteveMcKnight wrote:
Freckle,

Thank you for the chance to flesh out a beneficial conversation.

I think it is important that you disclose your name, your qualifications, and your investing experience as these are important considerations for those reading your posts.

Names are unimportant and my personal privacy policy is to protect my…[Read more]

I've seen all of your presentation videos and read your Disclosures page on your site prior to previous comments. I've since compared those to your PDS and they cover something close to 90% of the PDS but in less detail.

I don't see that the PDS is materially important to this discussion at this point but may do so in future posts.

Problems I have with this proposal.

It's international,

requires a more complex investment vehicle to apply funds,

other than the principle the team is largely unkown and as far as I can tell has either no or limited commercial experience,

no experience or track record in managing REIT fund investments (that I'm aware of)

the US REIT side is…[Read more]

Problems I have with this proposal.

It's international,

requires a more complex investment vehicle to apply funds,

other than the principle the team is largely unkown and as far as I can tell has either no or limited commercial experience,

no experience or track record in managing REIT fund investments (that I'm aware of)

the US REIT side is…[Read more]

Dubstep wrote:

DD is a difficult task for all investors with GFC and GFC v2 continuing to hamper the world economies, DD becomes more than what is just listed in the definitions above, an investor now needs to look at what is happening in other markets to see how it may effect towns here in Australia, as we could end up holding property lemon's…[Read more]

American Winter

AMERICAN WINTER is a documentary feature film that shines a light on the dramatic personal stories behind the country's worst economic crisis since the Great Depression.

Watch the trailer

Six notable nontraded REITs on the slide

Behringer Harvard Opportunity REIT I -58.80%
      
Behringer Harvard REIT 00 $4.64 -53.60%
      
Behringer Harvard Short-Term Opportunity Fund  -96%
      
Cornerstone Core Properties REIT  –71.88%
      
Inland Western Retail Real Estate Trust Inc.  -30.50%
      
KBS Real Estate Investment Trust Inc. 6…[Read more]

Something broke back in Jun/Jul and I think it was the Chinese economy. Electricity consumption simply fell off a cliff. A strong indicator of economic activity. At first I thought it may be just a statistical glitch and things would rebound back again fairly quickly. When I didn't see this happen I said to a friend to put off any big equipment…[Read more]

A  high risk 5- 10 year REIT play in a collapsed(ing) market with an imploding economy based on assumptions like;  the FX rate will likely go down because it's historically high and the US economy will somehow save itself even though if everyone paid 100% taxes they still couldn't produce a surplus budget.

If you talk to any very successful…[Read more]

The problem with Hughenden is that the area is predominantly thermal coal. Thermal is the type most under pressure from LNG and a global recession. India was one of the big buyers of thermal coal for power generation but is struggling to keep generation plants open even with extremely low coal prices currently. 

Many expansion projects were…[Read more]

The pressure on interest rates is likely to be down for the foreseeable future. The global situation is a mess and deteriorating on a daily basis. My guess is that over the next 24 months there is probably a better than 50% chance the RBA will drop rates by at least 1% over that time. If things go south faster and further than expected you could…[Read more]

newbie

+

on market a long time

= fatal (financial) combination.

What a load of rubbish. Typical MSM misinformation. You cannot raise rent during a lease period unless it's by mutual agreement. People break leases because their circumstances change, transferred, unemployment, sickness/injury, purchased, change of living location etc. 

It's what this forum does every day. 

Go thru the process and figure out all the angles good and bad. Then use the experience here as a sounding board to educate yourself. You need to progressively up your knowledge base as to how, why etc a deal is good or not good. It also teaches you how you might structure your own deals in the future.

When buying a place that's going to be relocated you buy in a ready to move condition. IE, there is access to the property and all services are terminated. Not your problem. 

Depending on delivery location the transport co will price accordingly. That includes all prep work (splitting house etc). You need to cost site prep at the delivery end.…[Read more]

When buying a place that's going to be relocated you buy in a ready to move condition. IE, there is access to the property and all services are terminated. Not your problem. 

Depending on delivery location the transport co will price accordingly. That includes all prep work (splitting house etc). You need to cost site prep at the delivery end.…[Read more]

Posted from my HTC android but definitely not user friendly yet for mobiles. Tablets may get by alright though.