Originally posted by pleong:
the std alarm with only 3 sensors
How many sensors in total is every room?

GP

Jeff,

Originally posted by Ibuycashflow:
Is this man the reknowned “Dolf de Roos” who has never had to work for wages in his life?
Yes, that’s him.

Although I’m not entirely sure about his claim. While back then the government paid for pretty much your whole university education, most students worked during the holidays or part time during the…[Read more]

JetDollars,

Originally posted by JetDollars:
I am planning to get a line of credit for share trading in the near future.
You’re going to start trading on margin? You must be confident [].

Cheers,
GP

Pleong,

Personally I have both on my PPoR in Sydney. As the others have mentioned, bars can be a personal safety hazard in the event of a fire, as can deadlocks if they’re locked while at home (there was a news item about this recently where some deaths during a fire were blamed on deadlocks being locked).

When we had the bars installed, we had…[Read more]

SPT,

As we are relatively new to property investing (10 months)
Well you’re 10 months ahead of me at the moment!

Looks like you’ve thought about your goals and got yourself a plan, which is good.

Good luck with it!

GP

Muppet,

I wonder if this means there might be some renovator’s delights on the market soon? []

GP

Yack,

Thanks for your comments.

GP

Yack,

Originally posted by yack:
am waiting for future opportunities that will arise over the next 2-3 years.
So when these opportunities arise, do you think you’ll increase your gearing or stay at about the same as now?

GP

Jo,

I have recently purchased 2 new IPs
So you bought them outright too (ie. no finance)?

I have 5 degrees in total (2 undergrads), an Honours, Masters and the PhD
If bachelors, honours, and masters count separately, then I have three [].

Couldn’t handle a PhD though. One friend I was at university with started a PhD then dropped out and…[Read more]

Jo,

So are you still buying at the moment (I vaguely remember a thread not so long ago where you said you’d just bought a couple more)?

If so, what percentage equity are you using with current purchases?

GP

PS: What’s your Ph.D in, if you don’t mind my asking?

WallFlower,

Earthquakes are common, but huge ones are not (although still far more common than in Australia).

Floods are relatively common in some areas too. The lower North Island had big floods earlier this year and now the BOP’s having them.

GP

I’m not an accountant, but from my understanding…

Your basic choices are your own name, a partnership, a company, and a trust. Generally speaking, trusts are recommended for a combination of reasons including asset protection, flexibility, and tax advantages.

You can get some information about these things from the following…[Read more]

Originally posted by JetDollars:
You will do better if you ignore all the politician…just don’w vote for any of them
I never do [baaa].

GP

Originally posted by muppet:
Didn’t know that there were 130 houses in Tokoroa.
That was my first thought on reading your message.

Perhaps they were bought site unseen and some avid entrepreneur sold him or her the same 10 houses 13 times [biggrin].

GP

I don’t know if there’s any medical agreement between Australia and NZ or not. You could probably find out from a travel agent.

GP

Craig,

Assuming your friends are not family members, you could perhaps look at some type of unit trust, where the rights of each person are fixed by the units they buy.

As well as searching this forum, search the Somersoft forum at http://www.somersoft.com.

And for an overview of trusts in general, a couple of good books are Dale…[Read more]

Originally posted by kay henry:
I am pretty disorganised
I think of disorganised as being like one of the senior guys at work. He’d travel overseas for a few months on business and when he returned and the company accountant asked for an expense report, he’d just dump a shopping bag full of receipts on his desk.

The accountant was not amused of…[Read more]

There are heaps of good movies, but to list a few favourites:

Of more recent times I’d say Shrek, Pulp Fiction, Kill Bill, Chicago, Moulin Rouge (I love good musicals), and Eternal Sunshine of the Spotless Mind.

For older movies the list is pretty big, but say Butch Cassidy & Sundance, The Sting, The Good/Bad/Ugly, 2001 Space odyssey, Clockwork…[Read more]

There’s also http://www.sharesguru.com.

GP

Originally posted by Brisbane 04:
What is the current interest rate for the major institutions in New Zealand?
If you follow Muppet’s link to the PropertyTalk forum, you’ll see them all listed there.

And for areas in Auckland, consider buying this book:

http://www.goodreturns.co.nz/books/product_info.php?products_id=194

I think it’s about a…[Read more]