Hi Guys

Mini
Napier’s earthquake was in early February 1931. It killed about 251 people. Alot of land rose up and half of Napier is now built on it. I’ve got three properties built on the land.
Prices have gone sky high in Napier. I had one of my properties valued last month at $173000. I found out yesterday that the house across the road from…[Read more]

Hi Pinky

Yeah… well… now a horse, um… who’s going to catch it in the morning if it is at the far end of the paddock, especially if it’s raining or there is a bleeding great frost.

Go the Warriors
Regards

Hi Guys

Grandaughter born last night at about 9pm.
8lb 14oz. I think all are well.
Name is Kahukura meaning red cloak.

Regards

Hi Andrea

As a NZer I put my name/nominee on the Sale and Purchase Agreement. Later I can make up my mind as to how I want to structure the ownership of the property.

When I first started out my wife and I set up a family trust which owns the properties and then an LAQC for tax purposes.

To find out what an LAQC is search through the NZ Suburbs…[Read more]

Hi Guys
Watch out for notices and signs. These were spotted ut and aound.

Spotted in the restroom of an office
Toilet out of order-please use floor below.

In a laundromat.
Automaic washing machines: please remove all your clothes when the light goes out.

In a department store.
Bargain basement upstairs.

In an office.
Will the person who took…[Read more]

Hi Guys

Found a new property web site dealing with property in NZ. It is http://www.propertytalk.co.nz.
One needs to register with a nickname and password etc.
I am sure there will be something of interest to prospective Aussie investors.

Hi Karenh

Rotorua is dependent on tourists and forestry. It is a smelly place of the sulphurous variety being an…[Read more]

Hi Guys

Heard a joke at golf today.

A 9 yr old boy was pestering his parents for his own TV set that he could have in his room.
Eventually dad bought one from the shop and it was set up in the son’s bedroom.

A few days later son came out to the lounge and asked dad what “love juice” was. Mum freaked out and dad said, “well it’s about time I…[Read more]

Hi Painter

Welcome to the forum. Good to have another Kiwi on this side of the Tasman. Makes about four or five that I know of.

I can access realenz about 99% of the time. However I wish Century21 would list their properties on it. Make it easier all round to see everybodies property on one sight.

Hey Junior how old is your computer?

Regards.

Hi Aussierogue

How about Siobahn. It is an old Irish name.

Grand daughter not born yet. Should be this weekend.

Regards

Hi Guys

To quote an earlier posting:
“Educate yourself, believe noone.”

Well I……books, TV, seminars, friends, supposedly educated people, etc, etc ….um, how does one educate yourself if you are to believe noone. Are we all liars?

Regards

Hi Guys
One for Westan:
If the NZ World Cup Netball team is a bunch of scrubbers, what is the Aussie Netball team then?

Here are the Lotto numbers for tomorrow night’s $17,000,000 jackpot… 3,7,11,21,29,35 with the Powerball being 5.

Oh I wish….

Talking about blonde jokes.
There were two blondes walking through the bush one day when they…[Read more]

Hi Karen

The 11 sec rule goes something like this….take the possible weekly rent divide by 2 and then multiply by 1000.
This should be about what you should pay for a property to make it positive cash flow at about a gross yield of 10.4%.
eg
rent of $400 divided by 2 = 200 * 1000 = $200000
rent of $150 divided by 2 = 75 * 1000 = $75000
rent of…[Read more]

Hi Guys

In reply to MichaelR I found this in one of my books-“Property Tax in New Zealand” written by Mark Withers.2002.

He states, “That for the investor, there is a signficant difference with regard to GST for those investing in residential property and those investing in commercial property.

Under the GST Act, residential rental property…[Read more]

Hi Guys

Any room for a NZer? Could be interesting having one of us seeing how many Aussies are investing in NZ.

Could show that the system could work in any country.

Go the All Blacks.

Wow, what about the Worriers… I mean the Warriors.

Regards

Hi Westan

Sorry I’ve taken so long to answer your last post, Westan. I’ve had the kids on Mt Ruapehu, skiing. Weather was scattered sunshine. The top of the mountain was off limits due to a very strong south easterly. However the children aren’t championship skiers so being in Happy Valley was enough for them. Everyone is burnt and tired.

Thank…[Read more]

Hi Brett

It’s called KISS..Keep It Simple Stupid.

Keep the wee one’s name simple, like Ian or Jim or Bill or Bob.

Regards

PS Hey Westan
We lost one about 24 yrs ago does that count?

Hi Guys

Now I remember what the other thing was I had forgotten in an earlier post higher up the list…and Westan it isn’t ants or snakes or cockroaches or great white sharks or what ever…..it is that there is no GST payable on residential property sales in NZ.

Regards

Hi Westan

That Garden Gully Shiraz is tasting sweeter and sweeter.

Instead of posting it how about bringing it with you. Saves on the postage. And you are allowed some wine duty free.

Hi ENJOlady.
I certainly could do with a new glove. I washed the car yesterday and it didn’t come up too well.

I just hope the weather is clear tomorrow. Taking…[Read more]

Hi Rita

You beat me by 19 seconds. We are going skiing on Tuesday weather permitting.

Regards

Hi Guys

Weeeeeell I also have 5 kids and 5 grand children and Oskar the fox terrier and one wife.
However only one child is at home now. The others all left home at 13 (went to boarding school).

Regards