MiniMogul replied to the topic Another NZ question! in the forum The Treasure Chest 21 years, 4 months ago
muppet – hi!!!
> 40kms from Taumarunui(pop 3000)
I am madly in love with Taumarunui, that whole area actually, I adore it. I wanna have t-shirts made up and start wearing ’em!!!!
Went there to do an emergency renovation on the worst house on the worst street! hahahah!!! (yes, learned, overspent, made mistakes, who cares, even the mistakes were…[Read more]MiniMogul replied to the topic Another NZ question! in the forum No Subject 21 years, 4 months ago
http://www.world-gazetteer.com/c/c_nz.htm#pl_244
here are population stats of most towns in NZ.
hi muppet – are you here or there? if you are here, did you see the NZ Herald article on-line?
Yeah – is your town Tokoroa? it sounds like it, give or take a couple of thousand. I put an offer in on a house in Tokoroa, didn’t get it, probably was too…[Read more]MiniMogul replied to the topic Responsible Investing! in the forum No Subject 21 years, 4 months ago
hi rogue,
>hi mini. youre friend whose a grain trader. i probably know >him/her!!! gotta name??
no way! *looks around nervously*
*quickly goes and edits previous post*
it’s not my life to share -, though i still think anonymous anecdotal stories are OK though….>im a trader also hence i know a little about markets and the >way they work. im…[Read more]
MiniMogul replied to the topic Another NZ question! in the forum The Treasure Chest 21 years, 4 months ago
>MiniMogi
i like it…
>It is starting to look like you are our resident NZ expert
oh, shhhhhow super embarassing, more like, I’m an expert at
sitting up later writing long waffling posts on a forum late at night and that’s about IT (did i mention, i really enjoy it!!!???)enjoy, enjolady!!
MiniMogul replied to the topic The virtues of Negative Gearing in the forum The Treasure Chest 21 years, 4 months ago
>DG and Wally, the tax advantages are not the reason to gear >a property.
Although you can legally minimise tax, if avoiding tax is the only reason you bought an IP doesn’t that even make it illegal?
cheers-
MiniMiniMogul replied to the topic Cross lease in the forum The Treasure Chest 21 years, 4 months ago
do you mean pull it out from within the bowels of this site?
no, it’s weird, i tried searching for the words subdivide, sub-divide, minimogul, and couldn’t get the search engine to find it. Manually looked through a few threads but can’t remember what the thread was about and there are so many pages of posts these days….will let you know if i…[Read more]MiniMogul replied to the topic The book… it’s nearly here! in the forum No Subject 21 years, 4 months ago
oooh, a signed first edition, should be cashflow positive!!!!!!!
Congratulations Steve, i can’t wait to read it, and then read it a couple more times!!!
cheers-
MiniMiniMogul replied to the topic Cross lease in the forum No Subject 21 years, 4 months ago
Hi Sooshie,
me too only heard the term re: NZ although I know not that much about Aus properties so doesn’t mean you don’t have it here.I was looking for a post I am sure I posted a while ago here, this really long thing I paraphrased from the KPI magazine about what is involved in subdividing a section in NZ. But doing the search function i…[Read more]
MiniMogul replied to the topic Responsible Investing! in the forum No Subject 21 years, 4 months ago
Responsible investing – do the numbers. Do the numbers. Do the numbers *yourself*. Do the due diligence. If you don’t then you don’t know what your risk is. If you know what your risk is in a worst case scenario and you’re Ok with it, then do it.
If you are investing on behalf of other people i.e. breadwinner investing on behalf of a family, then…[Read more]MiniMogul replied to the topic Ask a question, get more than you bargained for! in the forum The Treasure Chest 21 years, 4 months ago
i don’t think there is anything wrong with ‘the herd’ realising that if they want to be comfortable when they retire, the government is not going to be able to afford to
keep them in the style in which they have become accustomed. huge bell curve of aging population, combined with less in the workforce than ever before, coming up when the baby…[Read more]MiniMogul replied to the topic Another NZ question! in the forum The Treasure Chest 21 years, 4 months ago
hey john boy
i have numbers of both mortgage brokers and insurance brokers plus my lawyer, all used to dealing with Aussie investors. Even the small town rural real-estate agents are almost blase about o’seas investors buying properties they’ve seen on the net, as it’s happening more and more these days.For banking, I re-opened a local bank…[Read more]
MiniMogul replied to the topic Novices dilema!! in the forum No Subject 21 years, 4 months ago
one of the first things i learned at the Property Masters (hope it is Ok to be telling this) is that you can’t fit one single strategy to every property. like let’s say if you want cashflow positive with high returns and you are looking locally and you live in paddington you probably won’t find them very easily. however renovation, flips, might…[Read more]
MiniMogul replied to the topic Positive cashflow in Sydney – Equity Lease?? in the forum The Treasure Chest 21 years, 4 months ago
pineapplelumps
what a totally brilliant nameMiniMogul replied to the topic bogus offers? in the forum No Subject 21 years, 4 months ago
secret email to secret investors:
the code: reverse the order of the letters, and then reverse the order of the letters
*end of secret transmission*
MiniMogul replied to the topic bogus offers? in the forum The Treasure Chest 21 years, 4 months ago
just a late follow up to this post.
been chatting offline with a fellow investor who had the exact story about a (possibly bogus) offer coming in at the last minute with the exact same real estate agent, code name *rosie*
so if you ever deal with a real-estate agent called (code-name) *rosie* and she hits you with some supposed counter-offer, call…[Read more]MiniMogul replied to the topic Run, It’s A Herd stampede !! in the forum No Subject 21 years, 4 months ago
hi bb,
>zzzzzzzzzz there’s a few extra for you.
thanks. I need a sleep in.>Mini your post, I read with interest,you say that you’ve >invested in towns of three thousand populations >yourself.
thanks….actually one of them is only 1500 but i didn’t want to shock you. However it is in NZ and the difference there is that
the next town is not so…[Read more]MiniMogul replied to the topic Run, It’s A Herd stampede !! in the forum No Subject 21 years, 4 months ago
hello all,
>My wife calls me an angry old man.Barks all the time.Should >buy her a mussel
just one? you need a dozen each, and make ’em smoked mussels….yum….or oysters….yummmmmmm> The only trouble with small towns is that if the number one >industry closes down the whole town is stuffed.
that is, if it has a number one industry. a lot of…[Read more]MiniMogul replied to the topic Where Oh where can I invest in SA in the forum No Subject 21 years, 4 months ago
This legendary property-mogul is a doing just that, and in SA, to boot.
Run-down apartments in Glenelg last time I looked….she buys a block, does 20K worth of renovating on each and sells them for a LOT more on individual titles, often selling before they are even completed.take a look at some of her projects and…[Read more]
MiniMogul replied to the topic hotel/motel accomodation in Sydney in the forum No Subject 21 years, 4 months ago
I was going to suggest wotif but wilandel beat me to it.
Yeah – you can’t believe the deals they have going.
Medina on Crown is nice if you want apartment rather than hotel room. Pleasant 10-15 minute walk along groovy crown st
across hyde park and you’re nearly there.
cheers-
MiniMiniMogul replied to the topic Congratulations Papa Bear! in the forum No Subject 21 years, 4 months ago
i’m working on an album, (‘the mAmARiTaS”) – target market 0-5, as we speak….
congrats!
cheers-
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