Hiya Dave U,

>I already know you have your system down pat

it’s really funny because I wouldn’t have thought that i did,
however the process of writing it down does clarify it, even if only to me! hehe

cheers-
Mini

http://www.vocalbureau.com

oh bb, you’re incorrigible,
I can just imagine you sitting in your cab, listening to people ringing up talk-back radio all day complaining about this, that, and the other in the world and how unjust and terrible it is.
it’s not uplifting stuff, most of it, ditto oprah, ricki lake, nd the like.

>Sitting in GODs waiting room waiting to be…[Read more]

Hi David

>Just a note of caution about using GV as a proxy for the >market (real) value.

nononononono

what i said was

“I absolutely do this, but I do it on GV versus actual sales price, rather than list price, calculating a GV-to-sales price for that area. My areas have been selling for 80-90 percent of GV.
you use it to work out the GV to-…[Read more]

hi little bee,
the RE agent either advertises the GV openly or will tell you if you ask. The only reason they won’t put it on the ad is if they think it will make people (like me!!!) ask – ‘look, the listing is for 35 but the value is only 29. How can they justify the asking price if most of the other houses in this price range have asking prices…[Read more]

i’m going for buy and holds, and fixing them up accordingly
so they should last a long time. I’m starting with super-cheap rentals in NZ regional as i’ve said elsewhere, and even though they are still so new that one doesn’t have it’s first tenant yet, I am expecting that i will still get quite high returns for my relatively small capital outlay,…[Read more]

hi there everyone,

rod –
>Did you inspect your properties prior to purchase or buy sight >unseen?
I SOOO had a builder’s report. the building inspector became my new best friend, especially as he also acted as project manager to carry a lot of the stuff out.

>I’m gessing it was easy for you to open a NZ bank account, >being a kiwi.

Yes, I…[Read more]

– maybe, people pulling money out of other sorts of investments not performing at the moment, and into property?

and what about rumours that the FHOG might be being phased out making FH buyers rush to take advatage of it? Could be one of the reasons for the fewer entry-level (meaning, cheap!) properties out there these days?

having heard that…[Read more]

MUPPET~! guess what, they got back to me already, like, within 5 minutes of me sending the email and pics of house, and are gonna call the agent tomorrow!

will keep you posted – talk about direct marketing -thanks so much, this is incredible!

http://www.vocalbureau.com

wow, this has really been fantastic reading everyone’s response, thank you to all who replied.

thanks maximus –
*sips at half-full glass delicately and savours the vintage wine, in order to get maximum enjoyment from the heady bouquet and the nice weighty feel of the crystal*
cheers!

enjo – i will know when it’s not ‘greedy’ when i get a…[Read more]

Hi Diamond!

>Do you know of a website or mag or real estate agent where >i can get the vacancy rates for rentals in any particular town >that i am interested in?

not really, just ask the RE agents where you are buying.
or pretend to be a renter!

however this site is useful as it shows market rent info for…[Read more]

hiya bb, i wondered where you’d got to.

>MiniMogul,
>Your post is amazing, how do you answer that post?

you’re doing great!

>Being a city investor, the thought of buying in Broken Hill >really does make you brave( I think). My logic is never buy in >mining towns.When the mine runs dry and closes, the town >dies. Just like B.H. The people of…[Read more]

hiya davo!!!!

>Ok I will make you deal
cool!
> I am now pondering what you said and I have looked at what >others are saying and I have decided I run the same risks >whether I buy here in Brissy or in Tasmania or Victoria or NZ.
I’d say different only because you might get cap gain in both brissie and tasmania more quickly than NZ rural.

>So if…[Read more]

westan –

>let us know if you are in Vic before Jan and i would be more >than happy to travel to meet you.
i will be at least three times if not more. Playing with two of the artists I play with etc etc.
>i’ll even buy you sux dollars of fush and chups.
Your accent needs a bit of tweaking, i can help you with that….’with thet’….
here’s a good…[Read more]

Hi Enjo,

I dithered too long, and now it’s sold out.
Dithering – because my reasons for wanting to go were pretty much purely social -as I don’t think I want to do wraps. (however it would be great to know how, anyway…!)

I just wanted to go to hang out with everyone!!!

AD….yeah I’ve been waiting…..your turn to tell us something….
seeing…[Read more]

GV is government value.

http://www.vocalbureau.com

as far as books go ‘real estate riches’ is great , by Dolf de Roos. it’s in the rich-dad series. His other book ‘101 ways to increase the value of your property’ is worth a look too.!

Steve’s Property Secrets Revealed is a great starting point too,
available on this site, and you get a ringbinder of notes as well as the CDs.

Hi Gav,
I did a year of research, reading, seminars, and I don’t regret any single bit of it. I personally was so super-clueless and didn’t have a single friend with investment properties (unlike now – I have all you guys!!! yay!!!) – and my parents are so not investors – that i really needed that time and education.
let alone being self-employed…[Read more]

hey westan, next time I am in the south Island i will look you up, once you are there, that is!

Anecdotal story – an ex-Auckland friend of a friend bought a whole ex-school in Oamaru, (!!!!!!!!!!!!!) complete with classrooms and swimming pool, tennis courts, etc for the price of his house in Auckland! He just lives there with his family and loves…[Read more]

Sooshie baby!!
re new piles –
that was no typo – and i didn’t mean the sort you get up yer bum – it’s the NZ word for ‘stumps’!!!

love Mini

http://www.vocalbureau.com

hi there,
brownwombat, if you are buying in the gold coast you are probably paying 10 times more for one property than I am.
but you will have cap gain there..
so it’s a different situation for a different person…
Like I said…I am starting out…I am at the bottom of the bottome of the market…where I found little baby cheap deals that work…[Read more]