Hi Guys
Yep I’d recommend Mailwasher to.I have it on the school computer and it allows me to view incoming emails without actually downloading them. Also you can blacklist addresses and/or bounce unwanted emails.
Mines big enough and I still have some virility left that I don’t need any help.
We’ve actually paid for a registered version. This…[Read more]

Hi Westan
Bookings all made and dinner ordered for later in the month. The Club will be open if you want a drink. Can you tell Diamond please?
Going skiing next week.
See you later.
Oh yes take over my sixth property early next month.

Regards

Hi Guys
Congrats on the new job Richmond.
My TV set is not powerful enough to pick up 9 News here in the middle of the North Island.

We live on a single income of about $NZ60000. It takes me about 2mins to walk to work living as we do at the end of the football field.
However our nearest shop is 18 kms away and our nearest shopping…[Read more]

Hi Kieran

Thanks for your informative comment on the KPI Magazine.

Yes I miss your articles and also those by the 3 Wise Men. The articles in the old mag didn’t appear as long winded as some of the articles are in the new mag appear to be at times.
I’ve noticed that KPI is not very impressed with your clock.
However I do pick up the odd good…[Read more]

Hi Mini

Sorry I didn’t read all your post.It didn’t appear all at once.Each time I looked at it some more had come down the line.
As regards the KPI Magazine there is a wee bit of dissent amongst investors regarding Richmastery dominance of it.

Apparently a new property magazine is due to go on sale soon at about $6.95.

Regards

Hi Mini
This must be one of your shortest replies. It only took me 2 secs to digest the info.

When are you becoming a moderator?

Regards

Hi Alf

If you are really serious either change banks or contact one of the mortgage brokers on this forum.
There more than one way to skin a cat
Regards

Hi Guys

What a b…… The bank insisted I get one of my properties valued and the valuer charged me $337. Still the property (nowhere in sight of the sea) in an average sized NZ provincial city has increased in value by 20% in 12 months.This has pleased the bank anyway.

Regards

Hi Kristine
This subject has already been under discussion.Use your search button at the top and you should find quite a lot of info on this subject.There are a number of web sites listed throughout the postings.
Most houses for sale are listed under http://www.realenz.co.nz.
http://www.century21.co.nz are revamping their site at the moment.

Get yourself a…[Read more]

Hi Guys
Guess what (egg on face) I didn’t read all last posting before mine. I see that Steve didn’t continue with the deal, therefore all my questions are null and void.

Moral: Read all the fine print before committing yourself to signing a deal or to a posting.

Regards

Hi BazzaS

As to your concerns re the 11 sec rule and finding property that will fit it here is a quote by Steve from a posting made last year:
“Don’t get to hung up about the 11 sec solution. This is just a filtering tool and not a law unto itself.”
I gather from this that when you find an IP which comes reasonably close to fitting the rule carry…[Read more]

Hi Steve
Looking back through some old posts I came across this one.

Question? What happened? Did you buy? If so what for? Do you still have it?

Must read some more old posts. They make some interesting reading.
Also alot of those of you who answered in those old posts seem to be missing now.

Regards

Hi Des & Sue

Try ringing a few Property Managers in the area you are looking in. They should have a good feel for the area you are looking in because that is where their clients are.

Regards

Hi Guys

Why not work to get stamp duty abolished.We don’t have that in NZ so we don’t need $14000 grant to start with.

My understanding is that in Victoria and NSW the FHOG doesn’t cover the stamp duty anyway.

Get rid of the stamp duty therefore no need for a FHOG and therefore no worries about NZers getting handouts.

The NZ Govt has steered…[Read more]

Hi Cremin
Congrats on obtaining your second star.
Sleep well.
I’ve just arrived at work and am catching up on all the new postings since I went to bed last night.
Also I’ve already logged onto my bank to check to see if my tenants rent went in last night.
I noticed also that my lawyer has banked my deposit for IP #5.
I hope to hear from my RE this…[Read more]

Hi Crashy
I understand you also deal in shares.
Have you ever seen this sight?
http://www.ldholmes.com/smr32.pdf

Regards

Hi Guys
Thinking in NZ at the moment, about interest rate movements, seems to be based around these points:
1. Interest rates still remain volatile. (don’t they always)
2. Floating rates likely to fall further.
3 2-5 yr fixed rates could rise. (they already have-how high they’ll go is anybodies guess)
4. One year rates caught in the middle.
5.…[Read more]

Hi Amit
On this side of the Tasman Sea, I set up a family trust which owns the properties and within the trust we operate what is commonly called a LAQC. A LAQC is a Loss Attributing Qualifying Company. This allows us to claim immediate tax losses from our residential properties and put it against my normal income.

The process seems to work…[Read more]

Hi Beancounter and others

Mark Withers of Withiers Tsang & Co Limited, Chartered Accountants based in Auckland, NZ has published a book titled “Property Tax in New Zealand.”
To quote “It is designed to shed light on the key areas of the Income Tax Act as they apply in day to day life to property investors.

Of course this book only applies to…[Read more]

Hi Stuart

Well said. As an example from my team, my lawyer is in Auckland this weekend attending the annual conference of the NZ Property Investors Federation. He is also president of the Hawkes Bay PIF. This weekend he will be continuing to make contacts with other like minded people and improving his knowledge of property investors and thus…[Read more]