kiwiduvet replied to the topic investing in usa in the forum Overseas Deals 18 years, 11 months ago
here it is
http://www.propsmart.com/doh hadnt scrolled to the bottom of the thread sorry gross
when the going gets weird the weird turn pro
kiwiduvet replied to the topic 2006 Property Tour – USA??? in the forum Overseas Deals 18 years, 11 months ago
dont forget these properties in the US are not a certainty for returns. houses in the snow belts are subject to extreme climate changes and there fore yoru maintenance costs can be sky high if youre not careful, and the first aussie s buying here was only about 12 months ago.
however the trip looks extremely well planned even if you will be…[Read more]
kiwiduvet replied to the topic Kiwi Finance in the forum Overseas Deals 18 years, 11 months ago
If you can finance outside of NZ it would be better as NZ now has the highest interst rates in the developed western world
when the going gets weird the weird turn pro
kiwiduvet replied to the topic Moving into share investments – any advice? in the forum No Subject 19 years ago
For advice on share investments I would not recommend people whose main focus is property which is a very illiquid market in total contrast to shares, Forex, commodities and Options/futures just ask the Japanese broker who caused the Tokyo exchange to shut down because of a keyboard mistake in executing a trade this month. I have actually have…[Read more]
kiwiduvet replied to the topic Which Country in the forum No Subject 19 years ago
The Irish have got the Prague market sorted they saw it early and went in and conquered the apartment scene, very shrewd in property in europe and particularly eastern europe are the Irish, they know how to work the Euro and grants very well
when the going gets weird the weird turn pro
kiwiduvet replied to the topic What is your gearing ratio in the forum General Property 19 years ago
6 IPs 29.8%
when the going gets weird the weird turn pro
kiwiduvet replied to the topic What type of vehicle do you have ?? in the forum Opinionated! 19 years ago
2005 VW Touareg 4WD just bought it Friday, great wagon V6 TDI
when the going gets weird the weird turn pro
kiwiduvet replied to the topic US Property in the forum Help Needed! 19 years ago
try using the search function its the fourth item under the Forum boards
when the going gets weird the weird turn pro
kiwiduvet replied to the topic Double Your Money in the forum No Subject 19 years ago
great post F, very important to put it all in persective and see how hard your money is working 9% p.a growth is nota great return on your money, and thus the reason why the super rich do not bother with residential property they demand their money to worka bit harder, unfortunately i am not one of those so have to try and create a faster wealth…[Read more]
kiwiduvet replied to the topic Positive Geared USA Investment Opportunities in the forum No Subject 19 years ago
Buffalo’s positives
• Cashflow yield, compared to NZ/OZ residential rental returns in regional cities you must compare like with like, Yes buffalo is a much larger city than virtually any regional city in NZ /OZ for accurate comparisons you should be comparing it with the likes of industrial cities in NZ/OZ
• Low cost of entry
• La…[Read more]kiwiduvet replied to the topic Positive Geared USA Investment Opportunities in the forum No Subject 19 years ago
House hunter can you sum up how you add value to finding the perfect investment property in the USA when it appears from Genesis website that you can just operate directly through them and they are on the ground in buffalo as you rightly point out,
I invest directly myself and have done in buffalo for the past 10 months, and now have an excellent…[Read more]
kiwiduvet replied to the topic 57% cash on cash return???Commercial deal. in the forum No Subject 19 years ago
just another note of caution steves forte is not commercial property, but residential i know he appear to have done some coomrecial deals just a warning that you need to really pull apart a commerical deal much more so than a residential one, i for one as yet have not done a commercial deal so am not speaking from direct experience
when the going…[Read more]
kiwiduvet replied to the topic USA property in the forum No Subject 19 years ago
yeah its pretty mucha no brainer, depending on thier credit history of course and how much equity they can bank in thier own home..My partner isa kiwi that has lived in the US for 12 years so we are OK up to a point with Finance, i.e. bit liek OZ and NZ the banks will have alimit of the amount of properties they will finance for you.
when the…[Read more]
kiwiduvet replied to the topic Hey Muppet sports score ! in the forum No Subject 19 years ago
Enjoyed the League, superb effort by the kiwis especially to keep the ozzies scoreless, to cap it all i live in Wales and they went and beat the ozzies too. Yahooo as a blue blooded kiwi nothin better than to see our big brothers hurting on the sports field…
when the going gets weird the weird turn pro
kiwiduvet replied to the topic Buying foreclosures in USA in the forum No Subject 19 years ago
Yep Ozi youre right, the other one .com must be a commercial set up to take advantage of HUd homes, it definitely wont be government.
when the going gets weird the weird turn pro
kiwiduvet replied to the topic Buying foreclosures in USA in the forum No Subject 19 years ago
simply Yield and Scale
when the going gets weird the weird turn pro
kiwiduvet replied to the topic Buying foreclosures in USA in the forum No Subject 19 years, 1 month ago
I have also learnt through that, and westan I would agree with you, you have to be on the ground and actively investing, participating because it isnt until you actually see the people walking the walk that you learn who you can keep. from my original team I have only kept the Realtor(mainly because of the time he dedicates to Me) and the Mortgage…[Read more]
kiwiduvet replied to the topic Buying foreclosures in USA in the forum General Property 19 years, 1 month ago
You can definitely buy below value in both NY state, and the other snow states. have done and will continute to do so and its agreat way of creating instant equity on closure with a cash purchase then a refinance, but you have to be prepared to watch and wait and then put in offers that will find a motivated seller. same principles as in NZ,
But…[Read more]
kiwiduvet replied to the topic buying new zealand in the forum Overseas Deals 19 years, 1 month ago
buffalos a touch bigger than toke, and Westan i agree with your words, I as a Kiwi investing in Buff am doing it solely for cashflow, but there are is a lot of outside investment pouring in and i dont mean from just us kiwis and ozzies, the brits and the US out of staters are already begiing to increase thier investments there.
I however am…[Read more]
kiwiduvet replied to the topic Buffalo, N.Y., Housing Market Continues Hot Pace in the forum General Property 19 years, 2 months ago
yes
but perspective i think is required for novice investors, when assessing opportunities, overseas property invesitng is high risk and that risk is not completely mitigated by research( whilst research is essential). experience and actual track record counts for a lot.when the going gets weird the weird turn pro
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