“sooty pooh”, scuse the personal question, but what *have* you been eating?

thanks maria, muppet, recovery, westan and anyone I forgot,
I am gonna go with Stoneman in Wanganui (near both properties, at least has a good feel for the area, and has been my insurance broker so far too.) and had a good chat to the dude there today who says there should be no problem.
However…only 70 percent lend because of the towns I’m…[Read more]

Hi aaron

having missed TT i don’t know what you mean but it sounds fascinating.

So what was the story?? Was it a tenants from hell or ‘poor tenants’?? Which “======” are we trying to find?
We could get stung – ‘we’ being landlords???— oh, it’s a tenant from hell story…..
???

I calculated it on the higher of the two amounts. 85 per week x 6 ( = $510) x 52 weeks = $26, 520 per year.

Questions to ask are 1) here’s the list price, what can I get it for – re-do your figures on the new price. Maybe you can furnish all 6 fairly cheaply. I heard of people getting stuff for free off the side of the road on throw out day, by…[Read more]

lucky phil –

http://www.adobe.com/support/downloads/product.jsp?product=10&platform=Windows

acrobat for windows

http://www.adobe.com/support/downloads/product.jsp?product=10&platform=Macintosh

acrobat for mac

This is all very interesting. I always thought I was too small-fry to bother with a structure yet, and that I was immune from CGT by being a Kiwi. WRONG!! Not that I am planning on paying CGT anyway because of never planning to sell, but anyway..~!! I might have to look into this structure business!!

NZ-ers look out for a new programme called ‘Marae DIY’ featuring the builder i’ve used on two of my houses! A real cutie!!!

Don’t forget you have to pay capital gains tax on the profit you made. Unfair really!!! What is it, 50 percent???
I think you make the most profit from ‘hot’ areas. i.e. the kinds that have auctions a la the tellie. Brissie, Sydney. Those kind of houses are usually a lot more expensive though.
Reno kings say spend a dollar to make 5. I think if…[Read more]

“These seminars and courses are obviously a large part of the income stream for these people and without that income, id like to see how many properties they would actually have just by investing alone. ”

I dunno. I think they have to have had success first to have the authority to teach it. I mean, i wouldn’t read a book about property investing…[Read more]

So bummed I missed it. didn’t get in till just now!
For those of us who didn’t get in to the MAP, hey we should do our own ‘shadow’ millionaire programme! Whaddya reckon!!! And all mentor eachother!!!

ummmmhmmm come to think of it that’s pretty much what we’re already doing! so let’s keep doing it!

*overuse of exclamation marks! Sorry!*

quite good

meets 11 sec solution….with a bit to spare!!
You might need 30 percent deposit though (????)
good for you!!

Someone should take this deal!!

it was actually Terry Ryder.

Make sure you also read Steve’s response, here

http://www.jenman.com/NewsArticles1.php?id=40

PS we’ve already done this whole article in a thread – just don’t remember what the thread was called.

hi Keymaker!!

Which books from Dolf De Roos as there are so many others by him?

‘real estate riches’ is fantastic. Quite simple, quite a good ‘first book’.

>About Henry Kaye I’ll keep monitoring him and see what >happens (not gonna pay for any investment services and try >to do everything for free e.g library)

cool! Did you find the thead…[Read more]

sleepy in sydney

*mwa mwa*

ok one more go round the block

” Followers of fundamental analysis seek to buy the right shares at the right price.”……

“a few people have said that shares are boring!?”

yeah it was me – it’s the fundamental analysis part that i think is boring. Reading annual reports, and such.Having to have an encyclopaedic knowledge of the economy and…[Read more]

Hi Nelson,

>Hey you fellows sure know how to pick the rotten places to >invest. what is the point of buying in a town that is almost >dead.

what rotten/dead town are you talking about???

>there is absolutely no point in buying in a place that has no >capital gain.

Yes there is – cashflow! (even if that were true – and even towns like T****…[Read more]

I know someone who has (with some kind of syndicate) just purchased 10 brand new beachfront apartments for equivalent of about 96K NZD each. Negatively geared of course because there are no tourists or renters there at the moment! But hoping for huge cap gain in ten years (intended time of holding, at least.)

Then I heard from a friend whose Dad…[Read more]

good on ya crashy
always nice discussing things with you

cheers-
Mini

thanks insider – very interesting

retire by 40,
“In this instance, especially related to this boring Shares Vs Properties agrument, rather than wasting time to shot down the opponent position, why don’t each side do a favour to themselve to see the possibility to learn more on the other asset class and have it integrated into your overall…[Read more]

I have been fortunate enough to have never come across Henry Kaye but I have certainly read a lot of posts that say he is a scammer. do a search on this forum. He’s even been exposed on telly I hear. Why don’t you spend 30 bucks and get Steve’s book. Or Dolf De Roos’s, to show I’m not just being sycophantic!!. It will give you the know-how to do…[Read more]