Forum Replies Created
Kattan,
That is not a book!
Redwing was showing you what to type in the site. A book was not suggested in his thread – you read it wrong…
kind regards,
Geo.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Originally posted by Derek:just make sure the accountant knows what they are talking about too.
I totally agree…start simple though – just purchse one in ur own name – then get complex later on. You can always transfer title into the Trust later on…
kind regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
you’ll need shares – in fact, you’ll need other investments aswell – it called,
“Multiple Streams of Income”
Kind regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi TS,
9.4% return on Commercial is good – its hard these days to find that kind of return on a commercial investment although you can still find ones with returns of 14% and greater.
There is no minimum CoCR – be craetive in your deals and anything is possible. It all deoends on what you wnat. You can find somethig with 20% return but with much risk involved – do you want the risk for a greater return? You can get something with a 8 or 9% return with very minimal risk – do you want less risk? – evaluate your options!
Also, depends on the area and future plans, capital growth and otehr surrounding factors…
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi Brad and Rayna,
I’ve had building reports done in NZ – not many but my advice would be:
– either get another report from another builder
– check with the builder whether these repairs are urgent or can be done in 2 years time.
– show the building report to the vendor, telling them that with these kind of repairs, its unlikely that they’ll get a purchaser (a roof restoration is a major repair) and that you’ll be happy to purchase the property if they’ll leave some money in the deal. Either they vendor finance part of it, or they drop the price by $10k – you can negotiate this.Make sure you do everything before your du-diligence time-frame is up.
I don’t find this to be an attractive deal – not very +CF in my opinion but be creative in your deals and anything is possible. Don’t worry if it falls through – there are better deals around.
Hope this helps…
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
I don’t know HHH but an answer to your question.
PM or email Westan, Minmogul or Castledreamer – they are excellent buyers agents or bird dogs or whatever you want to call them – there just excellent!
Kind regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Welcome to the show Marty – I can see your new to the forum.
How are you with investments? Where are you from?
Kind regards,
Geo.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi Mr_D,
You have to limit your risks. One option you can try is having the loan on fixed-terms so that if Interest rates increased, it wouldn’t affect you.
Another option is to calculate the CoCR of your investmenst on an extra 2-4% Interest rate than what your being offered – that way, if it does go up by 2%, you’re still safe.
Don’t forget that the rental should increase every year or two by a few dollars a week, thus covering the risk of an interest rate rise.
You could also make the rental agreement, ‘subject to increase according to the increase of interest rate rise’.
Hope this helps
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi Regan,
what Westan didn’t mention – is that he travels to Invercargill alot – He lives in the South and he’s probably the best person to help you out considering you can even meet with the legend – unlike us Melburnians [glum]- oh well, life goes on…
Go on and Invest first
Kind regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
I agree with SIS – Kiyosaki’s one is very handy.
if you don’t have one, call POW WOW events in Sydney and they may be able to send you one.
Kind Regards,
Geo.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi pumpkin,
There are some great ones on this site. PM or email Westan, Minimogul or Castledreamer.
Im sure they’ll be able to help you if you intend to purchase in NZ some-day.
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
What your asking is good.
Ask him about his experience but don’t ask in the tone as though you were conducting an interview!
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Yorker – your a good person.
Thanks for the tip but I’ll have to pass – low on deposits at the moment…and will be for a while.
cheers anyway and best of luck with the purchases.
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Trish,
Im going but according to my diary its on the 14th – have I got my dates wrong?[confused2]
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Yes and I would love to get into it myself.
Anyone know of any good areas in Melbourne where there are cheap properties that can be renovated and turned over?
kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
yes but be careful – he is a bit over expensive…
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Try, its your choice – there are alot of negativity around about the person Im going to mention – so its your choice. Im not saying its a good job or not, ethical or not – its just a job im suggesting…
Lewis Realty – something like that. It belongs to Niel jenman and they employ ordinary ppl who want to become agents and pay them $50k+ – hard work but good money…your choice.
alternatively, you can just walk into Real Estate offices and tell them that you’d love to work for them as an agent – Im sure some will train you up so as to receive your license.
kind regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
the list is endless
but i do love
“The greatest salesman in the world” by Og Mandino
and
“How to win friends and influence people” – not an investing book.
“The richest Man in Babylon” by George Clason
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
got to love that third one[biggrin] hillarious
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
hehehe – Hey helen,
Im not much of a fan of all those hi-tech games. Im still livin in the past and love my Tetris, Bricks, Chess – games that use the mind and require accuracy and skill.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
