“Think Chan will need more than $7K to impress my missus!”

So you are negative gearing your missus?

cheers-
Minimogul

I didn’t watch it.
Sounds all very sob story, poor little battlers even better if they’re ‘low status’ i.e. little old lady battlers, crying, makes great television.

Like with all ‘advertised’ investments, a la property investing expo, darling harbour.

‘We take the guess-work out of investing!”

‘sleep well tonight, knowing your money is in safe…[Read more]

I am now just repeating things I have heard because I have never been to Inala or Logan. But from what I hear Logan is quite the hot spot these days. I remember talking to the mother of a friend. She wanted to buy in Logan a year or more back, you could buy for 50K then. people warned her away because – well it sounds like what you were saying…[Read more]

There is some saying, to the effect that people will only change when they think the pain of changing will be less than the pain of staying in current situation.

facts – you wanted to buy – something stopped you, fear of ????? (being wrong, losing money, etc etc) and now you regret it. They say only a fool repeats the same not-working behaviour…[Read more]

Hi there,

I have sympathy but I really really suspect it is priced too high for the market.

I think that is the ONLY reason why properties don’t sell and the ONLY reason why people have vacancies – priced too high for what it is compared to what’s available. i.e. the market!

i would be interested to know what you paid for it and how long…[Read more]

It’s just all FEAR headlines. i am getting so bored with that, in general

“Is there an edit button for these posts???”

yes! but you have to log in to see it!
cheers-
Mini

Maybe the reason they earn so much is that they have a lot of +ve CF property rather than just a ‘high paid job’??

oops kay, in my post above, I didn’t mean to agree to ‘no pics’. I’m with you, you need pictures for sure.

Yeah, I just remembered that a year before I actually bought a property I was learning, reading, thinking, looking, but too scared to make a move – too scared to make a mistake. it took a seminar to teach me the final bits and propel me into the market with a good kick up the bum. And off I went and bought three properties in about 6 months and…[Read more]

yack,

“Is there anyone NOT buying now?”

If there are a lot of replies to the affirmative, will you feel a certain safety in numbers, kinda like, I may be missing out, but at least I will have company?

“I remember when there were ve+ properties in Frankston.”

so do you wish you’d bought then? And why? Because it is painless to hold a CF+ve…[Read more]

yack,

> I cannot believe people buy properties sight unseen and purely based on the
> numbers….

OK, when you say sight unseen, let’s say you have pictures, because you usually do get those when a property is marketed. and let’s say the pictures look OK, but you haven’t actually inspected in person. And you make your phone calls about the area,…[Read more]

elves, I’ve got it written in my diary…

hey tank,

yeah, we’ve just finished a boom in Aus with most places going up humungously. But then another cycle will start. They say a property cycle is 7 or 8 years. So my logic tells me in 4 years time everything will start to go up like mad, again. but in the meantime, you have a few years to look fo bargains.

there might be growth still in…[Read more]

Might be different for off the plan in Queenstown. wanaka.
?????

vindication for what I have been bleating on about for the last year:

“Provincial centres and rural areas outperformed the major centres.” Reuters News, 17. March 2004, ‘NZ property market picks up in February – REINZ’

It’s not too late, certainly not, however I am of the opinion that there *are* certain areas that are over-valued Now compared…[Read more]

KiwiZena,

i disagree, as 3/4 of the population of NZ live in the NI, I believe the NI has much more potential for CG (even the small high yield towns) than the south, despite qtown and nelson, just in general. and the CF yields are certianly as good or superior. I have not heard any problem with vacancies in towns I look in, other than that there…[Read more]

I have a shell map for driving/touring, and a book with maps of regional towns excluding auckland and wellington, for investing.

redwing,

sis who?

then again, there are less buyers around in that price-range, surely?

And while capital gain is a wonderful thing, easy come easy go, really – 10 or more percent less that you would have got “5 minutes ago”, on a 1.8 mill property, that’s a lot of money down.

elves –
yeah –

“and yeah maybe it was overpriced”

yep I’d agree with you there – I…[Read more]