Hi Rick

As you know I am going there next week. I qwill try to supply a travel log of my trip.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education
One Day property investment research workshop just $290 Melb 26 November

That is point. To many Australians are buying off shore properties without doing any research. In terms of where we are looking we have some great places in mind. A few of use have already made a large purchase. However until we are completly comfortable with our research we would not recommend it to others.I will happily keep a journal and if…[Read more]

I have asked you, How long did you spend in Buffalo? Did you attend on your own or travel in a group? I am not going to name people on a forum. They know who they are.

If I am buying property for myself or my clients then it is because I carry out the research. I would not dream of telling someone to invest without going there. Hence why I am…[Read more]

Thats why we work as a group. We do not believe that this is the best area to invest in. If you do Martin good luck. If this turns some people off or at least makes them more careful before commit there money then that is also good. Since you are the great researcher how long were you there for? Were you on your own or on a guided tour?

Nigel…[Read more]

As I said, If people do the research and make and informed decision that is up to them. We all have investment stratagies and different views. My concern as mentioned is that a lot of people are buying property without doing any research.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education
One Day…[Read more]

What a load of Twaddle

If you spent more time doing research you would know where do buy

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education
One Day property investment research workshop just $290 Melb 26 November

Firstly clearly it is easy to talk about what I do without knowing. I do not tell people at a workshop what they should do but rather show them how to carry out the research so that they can make an informed decision. The fact that I believe that there are better places to invest than Buffalo is my personal view and those of a number of other…[Read more]

I work with a small group of researchers and investors. Two of my colleges have been there and spent a great deal of time studying the market. They have decided that there are much better areas in the United States in Invest in. Based on my research I agree. I will be travelling to New Zealand at the end of the week. I wil then be travelling to…[Read more]

I think that America is a great place to invest. Iam going there in a week. But not Buffalo. It is a slum. What is second rate will remain so. In the comments on New Zealand I agree with Rick. People have made money out of one horse towns but not now. You always need to look at an area for what it is. In a city like Christchurch you an buy great…[Read more]

This price has more to do with silly Australian inveswtors shelling out there money to buy in a slum. If prices have not moved much in 40 years, then suddenly investors are pushing up the market.
Sounds familar.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education
One Day property investment…[Read more]

One last point is that I am still coming across Australians looking to invest in the apartment market. There are marketing companies still pushing this rubbish. One person had been offered a 51 sqm 2 bedroom apartment for around $250,000 and guess what he would recieve a return of $400 per week. What rubbish, I suggested that he burn his money…[Read more]

In my view if you are looking at capital growth in New Zealand then I like Christchurch. I think inner city suburbs like St Albans are great. You can still buy a great house for $250,000-$300,000 and get a return of between 5-6% and in some cases even higher. For these types of property you should recieve the same sort of growth that you would…[Read more]

Part of the problem in Auckland is that most of the people investing in the apartments are Australian investors. This may have a two fold effect, when prices start falling and returns keep dropping, who will buy the apartmentsoff the Australian investors. From what I am seeing, most locals will not touch apartments with a ten foot pole. The other…[Read more]

The other big problem with the Auckland apartment market is that the vast majority of the apartments have been sold to Australian investors. The locals in Auckland have not touched them. So if that is the case who is going to buy them. There are companies in Australia stll pushing apartment. I had a chat and hopefully talked a person out of buying…[Read more]

Why not have the best of both worlds, deal in Australia through Alistair Perry who can be contacted on 03 9662 1999 or 0407787313. He can source finace in New Zealand and he also works through one of the best brokers in New Zealand.
It costs you no more to do so.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property…[Read more]

Please keep the bad news going

It creates far more opportunities in the market place

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

A great book on New Zealand investing is The guide to New Zealand Property Investing by ASnthony Anderson and Sigrid Castella. They are two Australian investors who say their experiences and research. A great read.
There is a link on my web site. I do not reciece a cent from there book sales. I just think it is a great resourse

Nigel…[Read more]

It all depends on what it is?

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

He is in Melbourne, however if you want a great structural accountant there is none better than Stuart Smith from the ASG group. He can be contacted on 03 9646 0987.

or stuart.smith@the-asg-group.com

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Property Researcher and education seminars

Whenever the property market is coming to the end of a growth cycle guess what comes on offer you guest it carparks. The same thing happened in 1990. The price was about the same. This would be a lously investment. If it was returning 10% it might be ok just, but you are going to loose money on an investment that will have no capital growth in…[Read more]