MiniMogul replied to the topic Letter to RE to make an offer of Purchase in the forum The Treasure Chest 21 years, 3 months ago
Hi there,
good on you,
in my experience RE agents don’t always get back to their emails and letters quickly enough especially if they have bona-fide cashed up buyers ringing. The phone gets faster results, though scarier the first time. Don’t forget that they can’t see you, though! Which can be a plus!If you are not feeling that confident, why…[Read more]
MiniMogul replied to the topic Young & Inexperienced, Need Your Wisdom in the forum The Treasure Chest 21 years, 3 months ago
Hi Young Gun
>I hope to be actively involved in your community!!
I salute you!>Is that up to 80% of the Purchase Price of the IP with 30-40% >deposit?
no that means you only have to have 20 percent deposit.
Although it can be good to have a higher amount of equity in a house for lots of reasons, also consider that 40 percent deposit on a house…[Read more]MiniMogul replied to the topic Brisbane Mania- let me out in the forum No Subject 21 years, 3 months ago
Indeed, however as supply (small country of 3 -4 – million people) is outstripped by demand (savvy Aussie investors now, as well as all the Kiwi ones) things will change there too.
There are still opportunities, though…cheers-
MiniMiniMogul replied to the topic Mine’s bigger than yours !!! in the forum The Treasure Chest 21 years, 3 months ago
Hi Benson, thanks for asking, one just got a new tenant (the one where the sharemilkers moved out) – and only a week vacancy, phew,
one isn’t yet, still (*hmmmmmmmm*)
and the third one only just settled last week and my BF is going over to NZ next week to fix it up, paint, etc, hang curtains, (your neck of the woods Muppet – from Thursday he’ll be…[Read more]MiniMogul replied to the topic NZ suburbs in the forum No Subject 21 years, 3 months ago
Hello lovelies
>Yes Mini i knew you ARE working for tourism NZ
huhuh!!!!
OK to explain, I’ve done loads of tours in NZ with bands (accom ranging from Quality Inns kinda medium to luxury)
and been pretty much everywhere from the Catlins to Cape Reings.
then I moved here, but my BF is Swedish and when we got together I took him skiing in Queenstown…[Read more]MiniMogul replied to the topic Mine’s bigger than yours !!! in the forum No Subject 21 years, 3 months ago
my debt is zero
yippeeee
i lose!I intend to get into some nice debt soon though and buy some more of those nice income-producing assets
cheers-
MiniMiniMogul replied to the topic The book.. it’s now available! in the forum No Subject 21 years, 3 months ago
Hey Steve,
the book is brilliant, I am only a little way through but it is so much different to what I expected – so personal and so readable!! So much so that I decided to start from the beginning and read it out loud to our resident 12 year old after dinner tonight (!!!!!) then I asked him ‘so whaddya think, me reading you out loud an adult book…[Read more]MiniMogul replied to the topic NZ suburbs in the forum No Subject 21 years, 3 months ago
oooh I’m good at accom in NZ . Just tell me the rough itinerary and the budget, I’ve stayed at zillions of places all through NZ.
cheers-
MiniMiniMogul replied to the topic Favourite Motivational Sayings… in the forum The Treasure Chest 21 years, 3 months ago
the harder i work, the luckier I get
MiniMogul replied to the topic Not one success story! Thats encouraging. in the forum The Treasure Chest 21 years, 3 months ago
>i think at the moment the ‘ideal’ of cashflow is a great hedge >against where the real money is. ie capital gains!!
Hi rogue, yes i agree with you that you can make megabucks in capital gain. I intend to’go there’ just as soon as i have got enough cashflow coming in from properties 1,2, and 3 to support a possibly negatively geared one for…[Read more]
MiniMogul replied to the topic Buying sight unseen in the forum The Treasure Chest 21 years, 3 months ago
hehe,
yeah, the internet, a blindfold, a calculator, the telephone (lots) a building inspector (!!!!!!!!!!!!!!!!!!!!!!!!!!!!) research, (prices? area? vacancy rates? demand? rental assessment from competing REagent? prices for management? etc etc etc ) a fax machine, local knowledge (see ‘telephone’), statistics, a lawyer, a chequebook, fellow…[Read more]
MiniMogul replied to the topic Not one success story! Thats encouraging. in the forum The Treasure Chest 21 years, 3 months ago
It feels weird to say ‘Oh listen to me, I’m such a success story’ especially when a lot of us feel we’re on the journey still rather than ‘arrived’ – but here goes, *beats chest*
“From 0-3 properties in 1 year!!”
Wa-hey!!
cheers-
MiniMiniMogul replied to the topic Property Investors to blame??? in the forum The Treasure Chest 21 years, 3 months ago
Hi guys,
>I guess my question though is what is defined as a property >investor ?
>Anyone who owns a house …… you need to own five >houses……what and who defines property investor.According to Australian data from 1994 I found on the web, out of all people that own properties in australia, 94 percent of them only own one principal place…[Read more]
MiniMogul replied to the topic help – what business can I build? in the forum The Treasure Chest 21 years, 3 months ago
oh and re vitamins,
My mum started on some 2 months ago (in liquid form, and along with a *colloidal* mineral supplement, very important difference ) – ) – she is in her 60s and was grey – her hair is growing back dark again. As well as lots of other things. you can actually see the 2 cm stripe where it started, coinciding with taking the…[Read more]MiniMogul replied to the topic help – what business can I build? in the forum The Treasure Chest 21 years, 3 months ago
Hi everybody
>And I listened to one of his audio tapes and he talks down to >people like they are 2 year olds.
I guess his target market is not someone like yourself who has a degree and knows lots of detailed stuff. The target market is middle America, and people like me – ordinary people not in finance who want to take control of their lives…[Read more]
MiniMogul replied to the topic NZ suburbs in the forum No Subject 21 years, 3 months ago
Hey Westan,
>Hey Mini are you on commission with the NZ tourist dept?
no way!!!
>You can’t help telling us how Beautiful you Home is.
I was just really filling in people here about what Wanaka is and why it’s a place that costs big bucks to buy now
(like Queenstown.)>No arguments from me, and i hear they aren’t bad at that >rubgy thing.
I’m…[Read more]
MiniMogul replied to the topic cashflow 101 board game?? in the forum The Treasure Chest 21 years, 3 months ago
Hi there Giddyap,
I live in Sydney and I have *both* the games, Cashflow 101 and 202.
I would be prepared to lend it to you for a few weeks, or you could buy it off me if you want your own one. Leave your email if you want.
I’ve played it lots of times and if you have any kids around over about 8 they can play it too, and I tell ya, it’s so…[Read more]
MiniMogul replied to the topic 60k – Single mum – dreamer ?!?!? in the forum The Treasure Chest 21 years, 3 months ago
Hi there single mum
I am in a kind of similar situation as you – I can’t afford to buy where i want to live (inner city Sydney) and as a freelance self-employed muso I’m probably the average bank’s worst nightmare, hehe,
but like you I had a lump sum to start with, and after discussing it with Steve he suggested I buy with cash to buy a…[Read more]
MiniMogul replied to the topic Purchasing without Viewing!!! in the forum The Treasure Chest 21 years, 3 months ago
Hi Westan
> looking is fun,
Hmmmm… I guess….but I found the novelty wears off a bit after about 10 or 20…Last summer I looked physically at houses over several weeks in NZ – found one – but I made so many mistakes – from getting emotionally involved/falling in love with the house, ‘wanting it’ too badly, then getting intimidated by real…[Read more]
MiniMogul replied to the topic What to do with $130000 cash ??? in the forum The Treasure Chest 21 years, 4 months ago
My advice would be what Robert Kiyosaki says – only get advice from rich people!!!!!!!!!!!!!!!!
That are sucessfull investors themselves!!!
(i.e. not me!!! I am not rich —- yet!!!!)
Steve and Dave, Robert Kiyosaki, Dolf De Roos, are all people that have basically made the contents of their minds available to all.
There may be some people in…[Read more]
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