hi marc!

> How good or bad investment areas are is a matter of opinion not scientific
> fact.
totally, but…increased demand is a fact, when it happens – and one of the investor’s jobs is trying to predict where future demand will happen.
Pretty areas, ‘desirable’ areas – that’s an area close to *something* – be it the ocean, jobs, city,…[Read more]

I would actually use DD as a bird-dog myself for my own purchasing!! And am planning to do it later in the year. He is a legendary investor and I did my own due diligence on the research he has done (another bird dog with money where his mouth is, like me!!) – and although he does it in a different style to me he’s very very worth it and an expert…[Read more]

“Just goes to show how clueless I am.”

geo – !!! hahaha. me too. well, as i would say,

‘we were all born clueless, but haven’t we come a long way?’

joy to the world

thanks richmond, you rock my world

joy to the world

I thought the thing with Japan is that gaijin can’t get FINANCE in japan, but if they come with cash they can buy.
?????

Do you love Japan stormbiz? I think I am going to fully convert. I adore the place. I was there last month for ten days. Actually the only thing I hate there is fake japanese western food, i.e. a japanese italian…[Read more]

the way we do it is that we actually use an assignment document.

We are not really selling ‘the property’ per se, we are selling the contract on the property. we aren’t even selling the ‘obligation’ to purchase the property, because we pass the deal on *before* it has become unconditional, and the new purchaser does their due diligence and goes…[Read more]

I’ve edited this post down as a lot of it didn’t make sense any more in context of nothing!!

Broken Hill is a one-industry town – mining. There has been a significant decline in the mining industry over recent years.

I invest in NZ myself, and have three properties returning 20 percent yields, which have increased in value 60 percent in the last…[Read more]

Celivia,

Kay isn’t hurt. see?

*checks for pulse*

Anyway, CPR has come a long way ….stem cell therapy is showing promise…she’ll be fine, i’m sure….

Kay was just against me being against something.
Huh!

She is probably still smarting from the time I exposed that shameful extortionist posing as ‘guru to the feeble-minded’.

I call it as i…[Read more]

hi monopoly,
I’m from wellington, where you have earthquake drills at school, where you feel tremors where the glasses in the cupboard rattle, and you occasionally stand under a doorway or get under the table! Oh yeah, and ruapehu was puffing last time I skiied on it, too – there was still lots of black ash around from the last eruption…

yep,…[Read more]

‘bird-dog’ is a Steve McKnight word, he says it’s what they call deal-finders in the US. i guess if you are into birds, you use a bird-dog to sniff them out…I don’t like the word ‘spotter’ because it reminds me of the word ‘spotty’ which means pimply, or patchy, or inconsistent…and any fool can ‘spot’ a good deal, but not just anyone can…[Read more]

you could always go and see that heinously expensive structuring guy in melbourne that wrote wealth guardian with Steve. Just make sure y is equal to or greater than x, if
$x is the cost of structure, and y is the tax you save or offset

joy to the world

> a) Whether your first porperty was a PPOR or an IP,

IP

> b) What made you think about buying a first property and

Had 80 k burning a hole in my pocket. Knew term deposit wasn’t the answer. Tried learning shares but a chore, not for me. was already building businesses. Realised property was the best (for me) as far as risk profile, long term,…[Read more]

>I didn’t recommend anything. I referred the >author of the post to a RE in Broken Hill.

don’t split hairs, you know there are some people here who may go and take your ‘referrals’ as advice, whether you meant it or not. Be responsible with your ‘referrals’.

it’s a bit like saying ‘here, have a black jellybean’ knowing the kid is gonna spit it…[Read more]

i’m with kay, I’m going continue to rock until rock won’t have me any more

NZ Bird Dogs. SOLD OUT! More deals coming…
*shhesseh!!!* so overmyself with that stoopid signature…going to delete it right now…never had to advertise before…word of mouth waas enough…and so back to word of mouth it is!!

Biotech may or may not be the next ‘big thing’, but people will always need houses.

“In China there’s no debate about the ‘right to life'”

Well, sounds like you’ll fit in real well then. until your life is under threat, perhaps?

NZ Bird Dogs. SOLD OUT! More deals coming…

heya westan!

I’d have to partner with a Japanese on the ground over there…to get over the language barrier. And then apparently after you buy your Tokyo apartment, you rent it to the niche market, being, whiteys teaching english there, who find it hard to get an apartment with a japanese landlord who don’t really like geijin tenants.

Don’t…[Read more]

“Sure you can look at hundreds of properties quickly online – but who wants to waste time doing that!”

Aceydeucy, perhaps I just cast my net a bit wider than yours. It’s just a research tool with which I retain my kind of….encyclopaedic knowledge of the market. (NZ). Basically I make it my business to look at the entire market on a regular…[Read more]

Kay, I didn’t even think you were really into CF+ve properties to begin with and now you’re recommending Broken Hill.

My, how the worm hath turned!! And I’m being called a negative nay-sayer now, when only a couple of months ago i had to email you pictures of my properties so you could know what I was talking about!!

I am now a bit scared that I…[Read more]

Yeah westan, you’re undercutting us, hehe
No we had to put the prices up because our (cheap) lawyer wasn’t cutting it and we had to use a different more high powered lawyer who is a little more expensive, but gives much better service. plus like i said we include title search. So more security for the purchaser too. Also after costing out the time…[Read more]

“Looking online isn’t necessarily the best way to find deals”

I disagree mainly because you can trawl through hundreds of deals on the net with a fast computer and high speed access like I have and check out many areas in the process. In real life you could maybe inspect about 85 in two weeks, a lot slower

You use the internet as leverage. yes…[Read more]