Over the years I have used both licensed and non-licensed Property Management companies. And I must say overall my experiences have been positive all round pretty much. And some of my portfolio wouldn't be that easy to manage either (Blocks of units in lower socio-economic areas etc)I think it would certainly be a positive move to have them all…[Read more]

Hey Belinda, Good to hear that you and your husband have been doing well with property – Thats what i really like about property, that ordinary people like you and I can move forward and improve our positions reasonably quickly (a few years) by building up an asset base and rental roll that increases over time, whilist our mortgages stay the same…[Read more]

QM wrote:
Thanks Clint for your feedback.I also would never manage a property with tenants myself; on majority of the cases, it can it interfere too much with privacy on both parties as well as matters/complications, which are better handled through a third party such as a property manager.Bets regards.

Yeah I agree totally

neety wrote:
Hi Clint,As a fellow Kiwi, very interesting.  I live in Brisbane and purchased a 2bd villa in Cairns last year,  1 month ago a unit in Shailor Park, and hopefully tomorow find out if finance has been approved for a small apmt in Surfers.  A little scary at the moment with job security, but I say 'Make Hay while the sun shines'.I wo…[Read more]

QM wrote:
Hi Clint,Just read your post – very inspiring and wonderful to hear as I myself have always considered that there is much more to life – the hardest bit isn't "waht" it is but knowing "how" to make it work!I myself have been researching the NZ market noting the great affordability of housing with no stamp duty (and capital gains if…[Read more]

god_of_money wrote:
It is a bit unrealistic to buy property in sydney with CASH

Yes I fully agree, it pretty much is any where. When we use the term 'CASH buyer' in property, it means that finance is already arranged (preapproved) Not Cash as in we will pay with cash (without the need for a mortgage)It simply says to the vendor that we already…[Read more]

PosEnterprises wrote:
Same here if you want to put in an offer and you verbally say I will offer X and it is to low the Agent will say – No I have been instructed not to present anything less than Y".  So you are wasting your time if you want to present a real low offer unless you have cash and can pay now.

Or at least make it appear that you…[Read more]

keiko wrote:
kiwi property guy well said. Ive made plenty of offers and i no lots have not been presented to the vendor's but to me the agent is a fowl not to present the offer because you just dont no what the vendor will really take in today's market and my offer is proberly lower than most which if the agent took the offer to the vendor and e…[Read more]

Hey guys,To get some ideas about affiliate marketing have a look at http://www.Wealth3Ways.com Which is a affiliate site I set up a couple of years back when i first started to learn about all this internet stuff.Have a look at the business page http://www.wealth3ways.com/business.html which talks about joining up as an affiliate to sell other peoples o…[Read more]

SHales wrote:
Interesting.  We haven't deliberately changed our friends, but we have noticed that success has changed our friends.  I've noticed that we are closest with those friends who also have their own businesses, and who are pretty savvy financially.  And friends who have not had their own success (with one notable exception), have dis…[Read more]

If you go and get a part time job, why not try and get a part time job in some sort of Real Estate Company, so you may be able to learn something more about property at the same time as making a bit of cash Here in NZ most banks will accept 85% of rental income, and only 30-40% of personal (job income) to put towards servicing  mortgages.So as…[Read more]

daniellee wrote:
I think keep on putting in offers and when you meet a good agent, you stand a really good chance of securing a deal. That was how we got our PPOR back in Aug 07.

Thats the key, finding those agents that just treat it as a numbers game. Some of the best deals i have done have been thru the agents that def dont work for the…[Read more]

Thanks for the comments guys.Yes it certainly was a turning point, with no looking back.Basically when you get to the stage where you REALLY want something, you need to do what you have to to move towards it.So for me that meant  making some short term sacrifices, and fully focusing on that one thing – Learning as much about Property Investing as…[Read more]

kaiseriqbal wrote:
Thanks for the advice, Im quite sure I wont get a loan from CBA. So based on my situation, what is the most cost effective thing to do, considering the break fee for the loan is $700.00 and interest rate I pay is 5.06% and would you have any lenders or loan products in mind. Thanks and Cheers, Mohammad

When I first started…[Read more]

41419155 wrote:
okay i'm in pretty much the same position as "anythings possible". i tried to get a standard loan from one of the big 4 and i kinda felt a bit ridiculed when they turned me down. now i know that i'm risky. so conventional ways of borrowing arent the way yet. so how, what shoudl i do, to find people that would be willing one to…[Read more]

Scott No Mates wrote:

Linar wrote:
Contrary to popular belief that the agent MUST present ALL offers to the vendor, if the vendors have said that they don't want to be presented with offers under $XXX then the agent does not need to present offers under $XXX. 

The agent may not have mentioned that the vendor has already knocked  back offers a…[Read more]

41419155 wrote:
okay i'm in pretty much the same position as "anythings possible". i tried to get a standard loan from one of the big 4 and i kinda felt a bit ridiculed when they turned me down. now i know that i'm risky. so conventional ways of borrowing arent the way yet. so how, what shoudl i do, to find people that would be willing one to…[Read more]

Hi there Tim,Great to read your post and see your passion for property investment at such a young age Go and have a read of my 'New Member Intro' post here https://www.propertyinvesting.com/forums/property-investing/overseas-deals/4327385If i could give you any advice at this stage, it would be get as well educated about PI as quickly as possible…[Read more]