Total Members: 159,080

jusmcf

  • jusmcf replied to the topic Investing in NZ in the forum Help Needed! 20 years, 3 months ago

    Hi stewarj – i am currently using Alvin Johnson (not sure of his user name) and his brother Westan (westan). They have been great so far – highly recommendable. Good luck!

  • jusmcf replied to the topic First home buyer getting finance in the forum Help Needed! 20 years, 3 months ago

    stamp duty on LMI? – you have got to love the state govt

  • jusmcf replied to the topic Best Vehicle in the forum Help Needed! 20 years, 3 months ago

    thx muchly Greatpig – might have a look for one of those books – i already have bought property thru a family trust – seems like it’s the way to go then – thx again

  • jusmcf replied to the topic Best Vehicle in the forum No Subject 20 years, 3 months ago

    yes i agree – any tax benefits are great – wasn’t sure if some structures allowed personal tax benefits e.g. coys. Apart from using discretionary family trusts does anyone have a view on other vehicles to use?

  • jusmcf replied to the topic Sydney Car Parks in the forum General Property 20 years, 4 months ago

    jerry123 – i have bought two – all the details are on main active forum
    Terryw is wrong again – you can borrow against them – Westpac will do 50% , so too will ANZ

  • jusmcf replied to the topic WealthGuardian in the forum Help Needed! 20 years, 4 months ago

    so would i

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    Baloo – i have put up the details before

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    car spaces have doubled in price in the last 5 yrs around the cbd, i’m not saying that this will happen over the next 5 yrs however – even if you took a conservative 5% p.a. growth plus the 3% yield you will still outperform cash – unless you put in Terryw’s bank

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    add 10-20% capital growth p.a. to the net rental yield – that’s attractive

  • jusmcf replied to the topic NZ BUYERS – HELP PLS in the forum Finance 20 years, 4 months ago

    thx NZ Mortgage Broker and Ibuycashflow – will check out.

  • jusmcf replied to the topic Where to buy? in the forum Help Needed! 20 years, 4 months ago

    I am new myself and would also appreciate any NZ feedback.
    patricklynch74 – check out houses in Mt Isa.

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    Shane g/Yorker – the spaces are managed by Securepark on a 5 by 5 yr lease with g’teed net rental of 3% (CPI increased annually). After 5yrs you can do what you want i.e. renew lease at whatever they are offering, use it yourself, rent it yourself privately. They are individually strata titled and can be sold at any time. 10% down now with…[Read more]

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    thx for feedback gmh454

  • jusmcf replied to the topic Sydney Car Parks – Shrinking or Myth in the forum Help Needed! 20 years, 4 months ago

    thx Yorker – I have recently bought two for $56k a pop, settle in 18mths – as a guide I used the fact the car space on my Sydney unit was worth $25k 5 years ago when I bought it.

jusmcf

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