Forum Replies Created
Just in reply to this comment:
Telegraphic transfers are of course good for large sums but you have to go into the bank and do that, and it takes a few days. you wouldn’t want to be doing that every day, it’s a bit of a pain!
I haven’t yet found an internet way of doing international funds transfers apart from PayPal credit card kind of things.I have done a T/T with my bank in N.Z, there is a fee of around 25$ to transfer money, and I did it through there secure mail, on the banks site.
My bank is B.N.Z, but I believe it can be done with ANZ also, the sum I transfered hope this helps.
PS Not to sure if they are going to mind how much you transfer as they are making a mint,you just need to get the swift address of the bank.
I have just done a mortgage course, our company does %100 lend:-
Must haves:-
Been employed in the same job for 2 years
Have 3% genuine savings (savings pattern)Only up to 300k
if you would like to know more here is my emial address [email protected] , it is my personal one so I will be happy to return any questions you have.
James
Im 21, no IPs as yet but next year I will have my first one.
quote:
You all seem extremely young (my husband and I are on the wrong side of 50). We’ve bought and sold houses over the years (usually because of transfers) and have only really gone into property investment this year. We’ve probably reached our limit with 4 units, a duplex, a house, a small mango farm, a 5 acre block plus our PPOR – all in regional Qld. We own our PPOR plus the 5 acre block and we’ve borrowed for the rest. We both have full-time jobs – I’d be bored if I didn’t work.I wish we’d read some of the great investment books when we were in our 20s – we’d be in a far better position!
My advice is to get started as soon as you can and hold on to property for as long as you can.
just a quick question, so if you use the money that you remortage from in any other way other than to rienvest, you pay tax on it?
Because a guy I used to know pulled out some money and would go on holidays with it and things can you buy do-dads without paying tax on the money ?[?]
cheers
I am only new to the investing fourm, but I have been looking at property in palmerston north as my brother lives down there and I Have been there myself.
the property’s down there still cost around the 100k plus region and are nice enough to be positivley geared(?) I think the rent that way is about 200 a week..?
I am only new to this game but I am very interested in finding out anthying I can about investing. Are wrap deals legal in NZ i have heard that they are not … appraicate any comments
cheers [?]
