Hi all,
gee, am overwhelmed, thanks for all props,
as usual your comments have got me thinking.

About this abundance mind-set thing….

> openly revealing where she is buying property BEFORE
> she has set herself up financially

actually,

it was not without being barraged behind the scenes with challenges from well-meaning but loved ones to…[Read more]

very interesting, thanks, will look out for Mr. Navra
cheers-
Mini

http://www.vocalbureau.com

i would say you buy for half the time between now and when you want to be retired (if ever!!!!) and then pay off for the second half. that’s how dave explained it to me. In the buying phase you are just channelling all the surplus cashflow into funding deposits and closing costs and borrowing to buy more properties. So you might see zero cashflow…[Read more]

your sister could always do what i do, which is buy where I can afford (small town rural new zealand) for cashflow and then rent where she wants to live but can’t afford (in my case paddington, which is inner city Sydney- OH MAN! how much money would i be LOSING each week if I had to pay a mortgage on the house we live in???!!!) it gets better,…[Read more]

Hi Westan,
congratulations, I am very happy to hear that some Aussies are thinking of moving to NZ as you hardly hear of that happening – mostly the other way around! *insert twee smiley face*

I’ve got three now, just about, all in regional towns in the North Island. I have to say that about two months ago i felt like I was the only person…[Read more]

……get three quotes?….

http://www.vocalbureau.com

Hi there,

according to the eleven second solution and my brain, the 100 per week from your mother should cover the repayments on a 50k loan with a bit to spare. I’m pretty sure that the 11-sec-solution is a shorthand way to calculate a 10.4 percent return. hence the ‘bit to spare’ for borrowing costs etc.

Dolf de Roos says ‘rarely or never sell…[Read more]

this thread rocks
you guys all rock.
my thoughts on abundance…and what a brilliant concept…
my main thought is…

If everyone lives in service to others instead of service to self, then the world would have no more problems, ever!

………..

another fave saying is…

two men look out a window. one sees mud, and one sees stars.

i think…[Read more]

enjolady, that is so fabulous, congratulations!!!

I had a good feeling also the other day when I spent a day with a friend who after hearing about my deals wanted to get started in the market. I gave her a stack of books/CDs/materials from my vast library (not joking!!!!!) and the property and related web-sites. Within a week she’d found 12 deals…[Read more]

I went to this investing and property show at darling harbour and it was wall-to-wall investment companies. They were some that seemed legit, offering deals such as fixed 10.5 % returns for a minimum investment of $30K for 8 years. Secured etc, some medical centre leasing premises in Queensland. it’s like they wrap a deal to an investor, and they…[Read more]

Hi there,

well… I went to the richmastery one night seminar tonight in Sydney and i thought it was pretty good. Ten thumbs up, in fact. It filled in a lot of gaps for me, surprisingly for a one-nighter which are usually a bit superficial and simple, and was good value, because it started at 6.30 and apart from one short break went until 11pm.…[Read more]

what is a ‘four corners transcript’? I would like to read it.
cheers-
Mini

NZ has a maritime climate, much more changeable than that of a large land-mass or continent.

Anywhere north of Auckland has a fabulous climate – places such as Whangarei, the Bay of Islands (Kerikeri, Russell, Paihia) and also Mangonui, Warkworth, Kaitaia, the whole bit above Auckland, really. The west coast is generally wetter than the east…[Read more]

Yeah – and then let’s split it up into individual strata-titled car parks, sell enough of them off for 45 k each until we’ve recouped what we paid for the building then split the remaining parks up between us! Free parking, just like in Monopoly!

cheers-
Mini

try these dudes

http://www.leveragefinance.co.nz

it is ‘run by investors for investors’.
Brad Sugars uses them for all his NZ property

great web-site.

cheers-
Mini

Hi david U,

>Would you consider adding an additional property to one of >your properties taht has a lot of land.
I wouldn’t personally as I could get another house on more land for less. Without the mucking around let alone time.
> Seems like a great way to get some additional income.
I know, I did like the idea. i think the more the land is…[Read more]

Just bought 2 tickets to the Sydney event on 2nd July at 6pm, novotel darling harbour.
Anyone wanna come with me for 39.95 let me know.

cheers-
Mini

good luck westan – I think you’re onto it.
cheers-
Mini

I’d love to find out the bon-creat mixture recipe. Sounds like a fabulous idea.
Just done a reno and maybe will do another in the next few months….cheers
Mini

I do agree that property investing does seem to be flavour of the month, and not just because I actively read and learn about it – I think it’s a worldwide trend to do with a lot of things – 1) people moving away from the stockmarket at the moment because it’s too fickle 1b) managed funds aren’t getting the returns people expected 2) fear of…[Read more]