Nigel Kibel replied to the topic Commercial vs residential property in the forum General Property 18 years, 10 months ago
For my 2 cents worth I got my grounding working for a commercial developer in the late 1980s. The only good thing that happened in 1990 was I got married. The rest of the year was all bad. I saw a lot of people who had invested in small factories and offices go broke as the recession cut in. As a rule of thumb a commercial investment value is…[Read more]
Nigel Kibel replied to the topic Market Sentiment in the forum Help Needed! 18 years, 11 months ago
Hi Pups
I would stick to main cities. The market is still moving quite well and with a slowing of prices we should start to see rental figures start to increase. I think that many country areas are at worst over priced and at best the growth prospects are limited. Also there are only so many investorsd in country towns.
Also keep in mind that…[Read more]
Nigel Kibel replied to the topic Trouble finding positive cashflow… in the forum Help Needed! 18 years, 11 months ago
Also remember taht when Steve wrote the book we were in a different part of the property cycle. To be successful in investing means that you have to be open minded and to research other markets.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and education
One Day property investment…[Read more]Nigel Kibel replied to the topic First PPOR in the forum No Subject 18 years, 11 months ago
Sorry
I thought your were buying investment in the country not owner occuping. In terms of whether to sell your Richmond Investment if you can hold it I would if it makes it to tight financially then sell. However ven in a flat market the Richmond property should still perform well
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New…[Read more]
Nigel Kibel replied to the topic Traralgon in the forum General Property 18 years, 11 months ago
You cannot afford to take a black and white approach to investing. It is a matter of looking at where the market isd moving and invest there. If you invest in ther wrong area it is a bit like putting the money in the back and thebank charges you
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property…[Read more]
Nigel Kibel replied to the topic buying new zealand in the forum Overseas Deals 18 years, 11 months ago
Firstly New Zealand is not that far, secondly before I assist people in purchasing property I make sure that I have the right team on the ground. They include property management, finance, solicitors accountants. I am current doing the same thing in the UNITED STATES. I do this to save people the time and expenise of traveling and doing all the…[Read more]
Nigel Kibel replied to the topic buying agents in the forum No Subject 18 years, 11 months ago
I am sure that you will find that they recieve commissions, they are not a charity. They are more likely a marketing company
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interestNigel Kibel replied to the topic First PPOR in the forum No Subject 18 years, 11 months ago
I would certainly set up a line of credit rather than sell the asset. However why country NSW. The market has been overheated in the cities but many regional areas have also gone up a lot in many cases well past there real value. I would stick to main cities or if you need a better return look off sure to places such as New Zealand where you can…[Read more]
Nigel Kibel replied to the topic Buyer’s agents, good or bad? in the forum No Subject 18 years, 11 months ago
Hi
I buy property for people, however if you live in Perth and really want to understand what you are doing then do it your self. Leatrn and understand the market. Research the best areas then get to know it like the back of your hand. If you are wanting to buy a propertyy outside of WA or Australia there are good reasons to use a buyers agent.…[Read more]
Nigel Kibel replied to the topic Traralgon in the forum General Property 18 years, 11 months ago
With the property cycle now at its peak areas such as this may be higher than they are worth. Unless you can achieve huge returns, why bother. You are better off sticking to main cities where you ill still get capital growth. If you want cashflow you are better off purchasing in New Zealand where you may achieve a balance of cashflow and capital…[Read more]
Nigel Kibel replied to the topic Bird Dogs? in the forum Help Needed! 18 years, 11 months ago
I am a property researcher and have also been assisting clients with property in New Zealand. I still think Christchurch is a great place to purchase. I only buy properties once I have inspected them,. I also have a number of people on the ground such as property managers, ac<edited>ants building inspectors I use to double check my own thoughts.…[Read more]
Nigel Kibel replied to the topic US Growth forecasts in the forum No Subject 18 years, 11 months ago
Texas is a great place to invest. I and a few of my colleges I spent quite a lot of time there. It is important to keep in mind that if you are buying houses the banks will only lend 70% which means you will either need cash or you will be funding it through a line of credit. Property taxes are also high. Do you sums carefully before…[Read more]
Nigel Kibel replied to the topic House Insurance in the forum General Property 18 years, 11 months ago
Every insurance company has a formular for working out what a house shjould be insured for. If you ring your company there will tell you what you house should be insured for. If your property is insured for less than the insurance companies requirements it means your are under insured and if you need to make a claim you may find that the insurance…[Read more]
Nigel Kibel replied to the topic investing in the US? in the forum Help Needed! 18 years, 11 months ago
Investing in the USA is a very complex matter you need to review the amount you can borrow in some cases nothing in the best cases around 70% and you will also need to look at how high property taxes are. This will vary from state to state.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher…[Read more]
Nigel Kibel replied to the topic Serviced Apartments in the forum General Property 18 years, 11 months ago
You will find with servicesd apartments that in many cases you will only get finance for 60-70%. Also it is unlikely that there will be any capital growth.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please…[Read more]Nigel Kibel replied to the topic Macquarie No-Doc in the forum Finance 18 years, 12 months ago
I am in the process of refinancing with them on their low doc product. It offers a .25% discount after 12 months and a further .25% inanother 12 months. Good product good bank.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The…[Read more]Nigel Kibel replied to the topic Doom and gloom from OECD report in the forum General Property 19 years ago
The real problem in Australia is that while the politicians look to give us a $10 per week tax cut the real issue is that as the population ages and many of those people will not have enough money to retire on there will be less money being spent within the economy. While the economy is awash with funds from GST revenue we should be doing two…[Read more]
Nigel Kibel replied to the topic Sth East Melb Discussion Group in the forum Heads Up! 19 years ago
Hi
I would also like to attend your next meeting
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interestNigel Kibel replied to the topic AIRBUS 380 !! in the forum No Subject 19 years ago
Plans get bigger they just cram in more seats. In 5 years Quantas have reduced legroom from 34 inches to 31 inches. I wonder if the 380 will maintain current legroom and comfort or will they try and look after people a little better
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand The United States Property Researcher and…[Read more]
Nigel Kibel replied to the topic International Investing The United States in the forum General Property 19 years ago
Frankly Western you do not know what I own or do not own. I can tell you that once we have all the facts we will recommend where to purchase. Not get our clients to buy there first. I am a researcher. The course I offer trains people to do the research and I am sure you know wherever you purchase the principles are the same. I have the view that…[Read more]
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