that’s brilliant crazy!
yeh people thought I was a bit mad too but i’ve convinced them all over time…you should be able to get a few in the wellie area with that. good luck!

oh yeah

lyall bay
building a supermarket huge doodah complex, it’ll be huge. Bit more to get in there, but it’s gonna be the new desirable 7 k from the city beachside and…[Read more]

hi there, what does very tight mean? In short supply?
cheers-
Mini

heya crazy, I’m a wellingtonian from way back, too

for CF+ve try
naenae
hutt valley
wainuiomata
if not then try the wairarapa…

or you could go the other coast….

porirua
titahi bay

kinda areas perhaps still have opportunities, certainly CG is strong in porirua, I remember reading

guys- if you are quoting Steve –
it’s the 11 second “SoLUTION” not “RULE”.
Big difference. It’s a way of calculation quickly if the property is going to give you a more than 10.4 percent return.
That’s all.However you say that ‘as a rule if a property fulfills the eleven second solution it is most likely to be cashflow positive.’
As in, likely.!…[Read more]

congrats!-

btw i emailed you.

peter- coober pedy??

*gets excited*

*has always wanted to go there!!!*

“waiting till the property bubble bursts”-

I live in Sydney and I don’t think any bubbles have burst for a very long time, or will be bursting.

Sure, there have been years which saw a ‘softening’ of prices – but of the median – and that’s the average of all house prices. i think you’d find that it’s the top of the market that suffers. Bottom 1/4…[Read more]

If I was a spotter, I would ask my prospective buyer a bunch of questions.

What’s your priority?
(some might say ‘cheap’ and ‘yield!’! others might want the security of a larger town and be prepared to pay more for a higher quality house.)
Price range and desired yield? Do you want me to look for house which are tenanted already or vacant…[Read more]

done! feel free to now delete your email address!
cheers-
mini

hi there,
another couple of options –

a) flip it

b) ask vendor if they can leave 20 percent in the deal.

c) get the vendor to wrap it to you

d) charge a finder’s fee to pass deal on to someone else a few times as a way of earning capital to start

hi there,
another couple of options –

a) flip it

b) ask vendor if they can leave 20 percent in the deal.

c) get the vendor to wrap it to you

sans souci in Sydney did really well last year and I have a huge vibe for it and that whole coast line just on the other side of the airport.

probably wouldn’t be CF+ve though, hehe

if you had the capital you could make a fortune doing a cathy jayne style makeover on a whole block.

“Cathy Jayne Developments recently transformed
an ugly,…[Read more]

hi phil,
‘from the email’?
Someone emailed it to you?
better to ‘save attachment’ to your hard drive. then open with acrobat. (Also then you don’t have to have your email client open to access the chapter. )

if that doesn’t work then try downloading file again direct from this website. trash the old one first.

or drop your email address and i…[Read more]

>it doesnt fit the 11 second rule….but its making just enough to >cover repayments and and a little left over for maintenance.

how much maintenance will you be up for? Have you had a builder’s report? If not, what will you do when you find out you have white ants/sinking stumps/plumbing problems/need new wiring/etc etc etc??

(just painting…[Read more]

16,000 + 9000 reno/maintenance rented 95 per week
27,300 rented 110 per week
19,000 + 7000 reno/maintenance rented 115 per week

all purchased since April this year

“Steve’s book is really the only one which talks about ONLY investing in positively geared properties. Are these other books a waste of time? I’m getting information overload trying to figure out what is best, although the idea of positive gearing makes the most sense to me”

I think the answer to the first question is the reason why Steve was…[Read more]

hi Rod – yeah that’s what i thought.

I was vibing Ron Stoneman. But when I rang up to speak to Ron, I got my young dude (“Junior”) that’s done my insurance broking.
When I said I wanted to talk to Ron, he said Ron only does the ‘front end’ – talks to people at first – and then passes on to Junior for all the actual mortgage finding for people.…[Read more]

susie!!!
I am SOOOO gonna be calling you!!
Yay! good luck!!!!!

cheers-
Mini

thanks! Never mind that i can’t add and 390 plus 200 is 590,
but it’s still good at a 44 percent return!

sooshie is the doll of dolls