Personally, I think Invercargill….hmmm…may not get cap gain there, decreasing population…although it’s a great town, reminds me a bit of Gisborne, but colder.

OK, Tim Shadbolt is great mayor (so great that even people who have never been to the town have heard of it, and Tim!!) -he’s a rock-star major, if you know what I mean –

who has…[Read more]

say wha….

I think it’s probably happening to the men that live in Sweden. All that lack of sunlight affects them and they have the highest use of anti-depressants in the world. A lot of them go to ‘sunlight therapy’ in winter. (dark almost the whole day.) I’m sure the statistics don’t apply to the ones who break out and move to Aussie.

i think…[Read more]

I’m with Telstra Bigpond Broadband because at this point they have a monopoly in the street I live in!
Apparently Optus is a better service. Telstra is pretty hopeless and drops out a fair bit. I pay about $90 a month. More if I go over 1 gig, or whatever I’m allowed.

We have three Macs running OS9 and I’m going to upgrade one of them to OSX…[Read more]

markpatric,

“It`s understandable he is a little annoyed and looking out for the sellers best interest.”

Yes but the agent and you are both pre-judging what the seller’s best interest is without giving them the chance to consider the offer themselves. The way I see it, if the vendor doesn’t like the offer, then it’s either ‘reject’, ‘counter’ (or…[Read more]

I use a conveyancing lawyer close to where I am buying. Local knowledge, the more the better, is what you want when buying away from where you live, and that’s one more person on your side with the stuff. not to mention, the prices are very reasonable – quarter of the price of my Sydney lawyer.

you could swap PPOR’s with a friend and rent eachothers’ for a while, then your PPOR becomes a negatively geared IP with all the tax benefits. but you don’t get to live in your own house. Hm. Unless you then house-mind eachother’s houses for extended periods…hmmm…getting into dodgy territory here. But the first part, i know people who have done that.

hey chan. why don’t you say who it is. I’m sure the person would appreciate positive public feedback.

……
*i’m not hinting honest cause I know who it is and I agree this person is incredibly nice, generous with his time, knowledgeable and legendary, and it’s not even me* heehee

In my opinion any ‘company’ that is getting a commission between you and the property is potentially taking some of your investing ‘cut’, whether that be a developer, a marketer, RE agent, syndicate organiser, bird dog, or other!!
Not that they are all necessarily sinister.

I think the average ‘company’ is more likely to be marketing _ve gearing…[Read more]

OK, James, I geddit. What i got from the seminar that was not just Steve talking like in the tapes and which was not in the book (bearing in mind it was a 2 day seminar) was not only the experiential part and a tape of it to go over later, but MUCH more in depth than the book. A humungous folder of notes. The notes were equivalent of a book for…[Read more]

Swedes are a fine looking race of people. Great bone structure. Warriorlike and sturdy with great genes. They are amazing lovers. (Well, as anecdotal evidence based on one example, OK, take with a grain of salt. but my friend married to Swede says so too.) Very modern society and very egalitarian. All my partner’s sisters look like Julia Roberts,…[Read more]

James, explain what you mean by rah-rah merchant.
Then maybe I can get my head around what you are against exactly. I went to Steve’s seminar (twice – like I said, I wanted to take my Dad-) and I wouldn’t call him a rah-rah merchant. But I want to see what your definition is.

Swedes are the best

“This also means Mini that you will have a large supply of such males to offer.”

Good point, Pisces. In fact the NZ Govt don’t want to be saddled with the burden of – ahm, ‘second rate citizens’ for want of a better term returning home to bludge there instead, so they have outsourced it to the private sector, to businesses such as Leigh and my…[Read more]

I don’t think everyone needs a seminar. But I did.
Although I had bought many books (and read them!) and gone to a few one-nighter seminars such as Dolf de Roos and Kiyosaki which give a general overview, I was in an industry of….*looks for an analogy*

ah yes….

let’s call them ‘feral fruit-pickers’ and we’d be in the ballpark – so I was in…[Read more]

It just depends on whether your time is worth more or less than a tradesman’s. If it’s more, then you would be silly to not hire someone, unless you thought it was fun or something.

cheers-
Mini

It’s fun throwing paint around for about 5 minutes in my opinion and then you feel sick (fumes – especially the paving paint, which btw is so brilliant…[Read more]

indeed mel, due diligence on potential victims (oops, I meant partners) is not only costly but time -consuming, as time is money….

Leigh and I are therefore not intending to provide a bird-dogging service for Australian men at this time as we believe them to be overpriced at this time and therefore not cashflow positive.

Anecdotal evidence…[Read more]

ronulas,

this is so interesting because you are doing what I am doing now (except you did it a few years ago) and you are getting the exact same negativity from everyone that I get. Oh, *yAWN* already!

So, just can I ask you some questions, because here’s a fabulous example we can all analyse, if you are into it,
what was the price you paid? in…[Read more]

I agree. I mean, yeah, it’s more expensive than the movies, but then it’s all relative – if you can’t afford 1200 bucks you can’t afford property anyway.

cheers-
Mini

PS I wouldn’t be here now if I hadn’t gone to Steve live. I liked it so much I shouted my Dad to go with me the following year. And now we both have IPs.

Hi Leigh K,

how are you!

what I was trying to say was that there are always deals that are better than average and those are the sort I go for.

As far as the fee goes, I think it’s about right compared to other independent bird-dogs and for the price-range of properties. If we add up our costs and time and find it’s not enough, or we have too…[Read more]

hehe!!

i’m working on it!!!
Very interesting dealios going on behind the scenes, ‘lots of lovely problems to solve’

“+15% return in a town of say 25,000+”

the higher yields are usually

*but not always*

in smaller towns, with the larger towns generally having

*but not always*

lower yields (i.e. 12 percent, town of 40-50,000).

I am of course…[Read more]