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thx Herman
i assume it also covers all the aspects of managing a portfolio
Westan and Alvin helped me get started – i now have a good few in NZ that are all CF +ve – great growth in the last 15 mths – i am looking to go again – fundamentals make the deal – keep it simple – whilst appreciating growth wont always be as strong
Any investors who bought years ago really chaep?thanks fernfurn – will consider that!
yes very good, very good….what about a house of ill repute?
The previous property manager should have actually told me prior to letting – they should be held liable!
Thanks for everyone’s feedback.
If I can throw my two cents in – Vatel – yes the market does sound a bit heated in areas and those absolute bargains are harder to find but that shouldn’t stop you.
I remember when all the talk in Sydney around 1999-2000 was everyone thought they would be able to pick up bargains in Sydney post-Olympics when the market was ‘supposed’ to come right off? Well they were wrong and could have got set then alot cheaper then when they eventually did in 01-02.
Do your due diligence and something will eventually stand out.
My experience in NZ (i am a Sydney sider) has been great due to the fact I did my due diligence (albeit all internet based), used Westan (bird dog) and just went for it.
The combined value (around $150k) of the places I bought have nearly doubled in just 12 mths – all are positively geared.
Good luck.
thx Westan – I actually used you guys to buy the first two ptys – spoke to Alvin mostly – the service you provided was first class!
i viewed those investments as long term anyway so any quick upside will only allow me to use equity to go again sooner than later (hopefully)
your US biz sounds intriguing – do you have any info readily available?thanks v much guys, will follow up
can i ask you what you think of the kiwi market at the moment?
