peter,

yes good point,

however as you can imagine the RE agents have to give the keys to the BR people so basically they know them all. they have to be accredited or whatever the term is, they are actually liable for the info they give you, so I think you’re pretty safe actually. i mean, the RE agents weren’t recommending me retired builders…[Read more]

Hi there,

just ask the RE agent who they use for builder’s reports locally? that’s how i found mine! Even a retired builder could be OK. Seems unusual to have to get one from 4 hours away. However i did have to get one from 30K away for one of my properties…have done that for all my properties and they were under 30K or under 20K. In fact the…[Read more]

you guys!
Don’t you know about babelfish?

you just go to the website, type in the text, and it translates it for you.

So it said…
“This is an interesting thread. I am surprised, which answer I receives, if I express myself simply waste in the thread in another language set?”
(sic)

http://babelfish.altavista.com/babelfish/tr

unfortunately it…[Read more]

you don’t have to. However depends on your level of due diligence. It can give you a reason to pull out of the deal if there’s something you don’t like in the LIM. I.e. no building planning permission for structure or fireplace (important insurance issue) – land used to be a dump, strip of land set for road widening, etc etc.

In a back issue of…[Read more]

hey look at these stylee ones

http://www.bachkit.co.nz

http://www.eon.co.nz/pages/104500407213642232.html?showproject=T&project_id=104553596219020000

the second link is if you can’t deal with the fancy flash website
No wait – there’s more!!!

*screams with excitement*

not just prefabs, but ART!!!

I am so excited i can’t see straight…[Read more]

Hi redwing,
the first three are hugely important. You learn everything you need to know about buying, and it becomes rather than this huge time consuming all-encompassing totally scary thing (I’m buying a HOUSE!!!!) to something normal, that you feel confident about, almost everyday.
‘oh yeah, I just bought another house’.
Also your finances…[Read more]

yeah rapper, imagine if everyone in the world lived as Service to Others instead of Service to Self? it would be heaven on earth!

yeah muppet,
thanks heaps!! good idea, I think I might get an map book! i just got the latest KPI mag in the mail and i am looking forward to reading how much the mag reckons my properties have gone up since i bought…[Read more]

OK no more for now. i sent it to everyone up till here.
cheers-
Mini

PS
it was a bummer that the RE agent didn’t put her number at the bottom of the email, but you could do what i do and look it up on the net or use directory. no I can’t give you the number for a builder’s report, accountant, or lawyer, whether you should buy in a trust, how long…[Read more]

just do your measurements! at your IP and also at IKEA. I’m sure IKEA would have a good style for dollar ratio, I mean i practically live there, and maybe it’s the kind of thing you can get a builder/handyman for a couple of hours, to do the whizzbang schmicko assisting to stick the new one in and get rid of the old one so it looks professionally…[Read more]

hi guys,

i have this feeling that the NZ boom will carry on a bit longer than Aus. Look if you are really interested in studying the market over there and you want capital gain as well (as in not just buy and hold for cashflow) – then do your research for areas that are gaining in population. A lot of that kind of statistical info is on the web…[Read more]

westan, nooooooooo

*runs screaming*

aaaaarghhh!! make it stop! this is crazy!!
i had no idea! OK, no more emails for now.
wait till I check with the agent to see how she’s coping.

This is very very interesting how many people wanted to look at the deal. I guess finding the deal is the hardest part of investing. Could all this interest cause a boom in that area? Hmm, the boom is a…[Read more]

true, – yeah! and also cause we kiwis can only afford properties up to about 26K….

hahahahaheheheheeeeeeeeeeee

hi fatboy,

“Just to play Devils’ Advocate – I’m just wondering if any of the people so keen to do a deal on Mini’s kind advice actually do their own “due diligence” and investigating ??”

kind information sharing rather than kind advice! and due diligence, yeah, I would hope so! I don’t think these deals are on the net yet, and therefore these 20…[Read more]

*grin*

not exactly sick of it, but wouldn’t do it every day! but it’s been interesting, to judge the interest – I think I should get the RE agents to join up the forum and start posting!

cheers-
Mini

OK I sent it to everybody!
I heard back from the agent on my voicemail after asking her if she was coping Ok with me sending a bunch of people her way??

she left a message back, something like’so far I haven’t been inundated with emails and calls from the investors who are supposedly going to be contacting me’..

*hehe – thinking – ‘just you…[Read more]

wow, so much interest!

I don’t have any problem telling people NZ is a goood place to buy RE right now. I’m into abundance. Of course if the entire population of Australia wanted to buy properties in NZ there wouldn”t be enough to go around. That’s just maths. But right now, there are still more opportunities than i can take up personally and…[Read more]

interesting topic. Here in Australia we have the same bell-curve in the population, too. When Australia was settled there was like 16 working age people for every old person. Now there are only 7, or something. That is why taxes are high and pensions will be scrapped. the country just can’t afford it. It has been suggested that immigration will…[Read more]

thanks!!!!

!!!!!!!!

house 1

1) When you purchased your investment?
may
2) How much you paid for it?
27,300
3) What structure is the investment
buy and hold
4) What is the weekly gross rent
110
5) What your net Cash Flow is
115 per week minus $11 per week management and
$1300 per annum rates and insurance.

house 2

1) When you purchased your investment?
june
2) How…[Read more]