got this fabulous email today from my property manager

“I have a young couple interested in (my house – the up til now unrentable one, despite fabulous renovation and having been rented no prob before in dump-like state when i bought it). They had a look some time ago but didn’t like the area. I convinced them to have another look as they also…[Read more]

hi there-
I think Paraparaumu and Kapiti are going to be huge, and in fact have been going up heaps lately I hear. Coastal, commuting distance from Wellington, on the trainline, cute cafes, new apts going up at Kapiti, blah blah

There are still +ve cashflow properties in the Wellington suburbs such as Naenae (there was an apartment block of 8…[Read more]

brilliant reply Steve.
I was actually so mad at that little twerp for saying what he did that I stayed up until 3am last night writing this mad rebuttal which i was gonna email him as well as post here. now I don’t need to because you’ve done it so eloquently not to mention elegantly and with the higest possible ‘vibration’.
So I am glad i saved…[Read more]

He’s just been to town on Richmastery, too.

I wonder who he’s going to turn on next?

I’m working on the best debating-team slamming come-back of all time, which i’m not only going to email the author but post here. Watch this space.

http://www.vocalbureau.com

Hi BB
my old nemesis

how’s your taxi driving going??/
you know what they say about never taking investing advice from taxi drivers?

>Haven’t you leant your lesson yet?

I will never stop learning lessons (i hope!) I have sooo much so far.

>You bought crap

Hmmmmmm – define crap? (I am assuming that in the sentence above you were using the word…[Read more]

Yeah – do it yourself. Take a friend or get a local yokel or backpacker and pay them 15 per hour cash. Make sure you do a LOT of prep – hole filling and sanding, and undercoating those bits so it doesn’t shine through. Good prep is the key to a good result and paint that doesn’t come off again!!! BTW You definitely need an electric sander.!!!! If…[Read more]

take the family member and their cheque book with you!!!

http://www.vocalbureau.com

Hi teacher,
wow, yeah, great to hear your stories!

” buy at the lower end of the market (if not the lowest) and then when all the cheapies are gone you hav increased the value of your place to around the next cheapest place available… ”

if that is true i’m gonna be a happy camper, having just bought 3 this year at what I call the ‘bottom of…[Read more]

hey westan
I like your 36,500 bargain, congrats!!
Will you have to do much to it? Did you offer that unconditional? Did you get a builder’s report etc etc,
did it have a tenant, how much, sorry for asking so many questions – don’t answer if they’re too personal etc etc

cheers-
Mini

http://www.vocalbureau.com

billabong,
if you’d be interested in lending, renting, or selling the books and tapes I’d be most interested to check ’em out.
cheers-
Mini

http://www.vocalbureau.com

Main money saving tip especially if you love shopping as a sport is to leave your wallet at home – meaning all credit and eftpos cards. Just have enough cash on you for what you for what you went out for in the first place and no more!!

Another money saving tip is if you are going grocery shopping – eat first before you go!! – as well as make a…[Read more]

westan, around $300 per property per year with NZI.

Am insuring for up to a specified dollar value per property, rather than ‘full replacement’ insurance.
The way I calculate what that figure should be is purchase price plus what I spent plus 25 percent.

cheers-
Mini

http://www.vocalbureau.com

yeh we have done this topic

my main feeling is that whenever anyone makes a great burst of energy to slag a competitor it’s usually because they have an agenda of their own- In Treed’s case he ‘s trying to be a famous educator too….and none of us have ever heard of him, apart from that he disses Kiyosaki – so in a way he’s leveraging off…[Read more]

Hi Rita
I think you mean rates???

It’s paid quarterly and the real estate agent will tell you what it is per annum. Maybe around 800 -1000 per year for places I have bought. Depends on size of land and rates in that area.

cheers-
Mini

http://www.vocalbureau.com

hi insider,

does that mean joint ventures or maybe flips? you were vendor financed? Or some kind of non-traditional lender? Can you be more specific or don’t you want to give too much away?

I guess that without equity or a regular income and you’ve bought four houses, you would have had to get fairly creative…..

http://www.vocalbureau.com

navy, slim has a wrap secrets for sale, which I have – I think it is the next best thing to going to a wrap seminar live, as you get the CDs which is Steve and co speaking, as well as a hefty folder of notes.

I read a bunch of books and after loving ‘real estate riches’ by dolf de roos I really wanted to go to his seminar which was thousands.…[Read more]

Hi Richmond, slim, insider, and all,

“When I started investing I didn’t have a job & could not get finance from lenders. Somehow I have still managed to buy 4 properties in the last 2 months”

wow, well you’re the best qualified person to answer housesitter’s question? I would love to know more about the ‘somehow’ – if you’re prepared to share…[Read more]

hi there

stick around, read lots, ask lots of questions, jump in the discussions, look for deals, read lots etc

as you feel more confident and know how to ‘do the numbers’ on a deal and tell a good deal from a bad one your confidence will grow. the test will be when you tell your loved ones what you want to do and they shoot you in flames saying…[Read more]

Hi Sach

Find yourself an accountant, a good one, a recommended one, who specialises in your industry (if entertainment is your main thing still) and invests in property too- (so can undertand where you wanna go!!!) and make an appointment~! I know a great one in Melbourne.

Ask all those questions you need to know, like ABN, GST or not?…[Read more]

Hmmm Unemployed people….

Yes in theory, a formerly unemployed person could become a millionaire property investor, however unemployed people with cash or equity in a home would be most likely, and as far as long term unemployed people with no savings or equity – possibly even debt – still not impossible, but I think that there would have to be…[Read more]