Oh Pinky what have you done???????
What are the half naked guys going to do now?
If you had used the old man’s name he would have had over 400 postings.

The spice has now gone from the forum. What are we going to do now?

Regards

Hi Arty

Don’t give up yet.
The big wigs from the forum found hundreds of +ive cashflow deals in NZ in the last couple of weeks. You’ll have to be quick to grab any of these deals though.

Damn the Warriors lost. Wait for next year. Roll on the Rugby World Cup.

Regards

Hi Crazy Cat

Firstly have you looked at http://www.realenz.co.nz and have a look at what is available?
Secondly ring some Property Managers and sound them out as to where the best/easiest areas to rent are. And also conversely not to buy.
Thirdly ring around some mortgage brokers.
Try http://www.interest.co.nz which updates everyday. Financial institutions can also be accessed from this site.

And yes prices are white hot.
Regards

Hi Guys

Ahhhh yes but what music was he listening to?

At this rate I could get thousands of postings.
What’s the betting that Arty is the first to a 1000 postings.

Regards

Hi Zanis

Actually I haven’t used any of them but they seem to be very proactive advertising their products.

I have used two brokers.
The main one is based in Napier and now works through Mike Pero. email address is paulatmikepero.co.nz
He has organised about four loans for us.

The other broker I used was Sue Tierney in Auckland. http://www.mortgagesbydesign.co.nz
She was the Broker of the Year in 2002.
Ifound her very approachable.[]

I would recommend the two brokers I have used.

Regards

Hi Guys

Talking of -ively geared property and worrying whether the interest rates will rise as I am sure they are at some stage, don’t forget thet rents may/will drop as well. This combination will cause all sorts of heartache.

Heard today about the inner Sydney market has so many apartments and a lack of availble tenants which means that rents are coming down – from $350 per week to $300 per week. Plus a large number of new apartments will be coming on stream in the next few months. Sounds this may be a big concern for some investors late on the scene.

Regards

Hey Arty does your boss know you spend so much time on this forum site instead of doing something more constructive?

Our last two properties cost $75000 and rent $155 and $55000 and will rent for $140.

Two flats in Napier on leasehold land cost $65000 each and are rented for $160 per week each.

Keep up the bedtime discussions. You have a riveted audience waiting for the next instalment.

Regards

Hi Andrew

Perhaps your posting might have been better in NZ Suburbs.

Fortunately not all areas are having their property sold as fast as the newspaper made out.
In some areas which have a slower turnover, the vendors appear to be holding out for a higher price while waiting for the big centre bubble to reach them.

If +ive cashflow properties are still available in Auckland in particular, why are the property hunters not producing as many bargains for their respective web sites as they were earlier in the year.

Mind you there has been very little movement in interest rates by the big banks over the last few weeks.

And with NZ’s appreciating dollar aginst the US dollar there is now talk that some people would like the Reserve bank to reduce interest rates again.

Yep Andrew, that crystal ball is looking interesting.

When is your next newsletter due out, Andrew?

The Warriors by 1/2 point on Sunday.

Regards

Hi Sheryl

Great site Sheryl. Get Sooshie to add to her Useful Links.

Regards