Hi there Landlords.co.nz

Good to see you entering in to the spirit of things.
Tried to register on your site a long time ago but my password doesn’t seem to want to work.
I visit it on a regular basis to read the latest postings. I like your latest news section. However I’ve usually read it on other news sites. Good to refresh your memory at a later date though.

I think my insurances are normal insurances eg chattels and buildings. However I’ve noticed that State seem to be changing what you can get cover for and charging extra for other things.

I presume the $290 Rentsure policy only covers one property at a time.

Regards

Hi Amit

I am in the King Country which is basically the centre of the North Island. Anyway a long way from the sea.

I have one property in Auckland, two in a central North Island starting with T, one house and two flats in Napier.
The T could be Taupo, Te Kuiti, Turangi, Taumarunui, Tokoroa, Taihape…Take your pick there are +ive cashflow houses in all those towns except maybe Taupo.

email address is bobabraham at nzoomail.com if you want to contact me.

I will be meeting up with Westan and Diamond later in the month as they are coming over for a reconnaisance trip.

RodC will also be out in a few weeks.

Regards

Hi Rita

Didn’t know we had any.

Remember there is no capital gains tax, stamp duty and something else I can’t remember what it is that you have in Australia.

Regards

Hi Scorpius

Welcome to the forum.
Perhaps the best thing you can do is read through the many posts that have been made by eperienced investors advising other newbies in a similar postion as yourself.
Use the search function at the top of the page.
Also you have to tune in each day as two to three pages of postings are being made each day.

Above all else if you don’t understand something ask questions, there are plenty of people willing to offer help in some way or another.

Regards

Hi navymt

Read this article in the NZ Herald this morning.

If you want to go to a property seminar how do you pick a good one? This list of tips is a mix of common sense and information obtained from people in the industry. Some of these tips also apply to property investment books.

1. Remember there is no such thing as a free lunch. When you go to a seminar expect the presenters to try to sell you something.

2. If you go to a seminar, look around at the people at it. Do they look like potential millionaires or do they look like people trying to make a quick buck?

3. If the seminar is free, do you think you’ll be given something valuable?

4. Watch out for presenters and authors who talk about how rich they are and the lifestyles they lead.

5. Watch out for authors and seminar presenters who present themselves as the best thing since sliced bread. This can include meaningless descriptions such as being “number one” in some field or “highly sought after”. Also be careful of promotions packed with subjective adjectives describing how wonderful and successful they are.

6. Everything has dangers. But you rarely read about danger in a book by a real estate guru. Ask the gurus about mistakes they have made.

7. Be very wary of property offered to you at “wholesale prices”.

8. Not everything is positive. If there was such a thing as the perfect investment which made you lots of money with no risk, we would all be rich. Ask about the downside and the problems such as legislation, the economy and tenants.

9. There is no magic process. Everey property deal is different.If there was such a thing as seven certan steps to property Nirvana, the stairwell would be crowded.

10. Be suspicious of testimonials. When you read a testimonial, think about who gave it. Some seminar presenters use people in their own firms to povide testimonials.

11. Ask yourself, “what are these people trying to sell me?”

12. As with all investments, ask whether it is all too good to be true.

13.And remember: seminars often offer to give your money back if you’re not satisfied. Reports are that plenty of people do ask for refunds. Don’t be shy.

There you have it navtmt. Take what you want from it. I have over the last 3 yrs bought a number of books and also borrowed a number from the library. Access to a photocopier or scanner is also handy.

A certain company is advertising a 3 day property seminar in October in Auckland, cost about $3000.

Wow Mini if you read this it’s nearly as long as some of your reports. However I copied mine.

Regards

Hi Melanie

I”m glad you haven’t had to resort to plastic surgery……yet.

Love your motto…. Age disgracefully slowly.
The trouble is we generally are living longer and as long as we don’t smoke(causes premature aging among other things) we will keep our looks longer.
However our bones and joints are not keeping their age very well and thus require alot of rejuvenation.

Roll on Lotto in NZ tonite $14,000,000 to be won and I haven’t got a ticket.

Go the All Blacks.

Regards
An Ancient Fossil.

Hi Amit

Thanks. The daughter is having a daughter.

I watched SVU which was quite interesting. The story line had nothing about property investing but it had an interesting medical ethical type line.

10:40pm here now and time for bed.

I’ll read the new postings in the morning.

Go the All Blacks
Regards

Hi xyzzy12

Westan was being falicious about NZ defending in 2003 and how our boat nearly sank in the first race. Ha? Ha?

Regards

Hi Westan

Anyone can beat Bangladesh.

Remember the Tall Blacks went to the World Cup. Where was that other team? – the Boomers wasn’t it.

We might win the second test though.

I see the netball girls have finally relented to playing more than two tests a season against the NZ girls. Probably because NZ holds the World Cup and the Aussie girls need to play a bit more to catch up.

Now Aussie Rules. Where else do they play it in Australia?

I’ll think up some more events later.

Regards
Bob