Hi Spitfire
The good thing about renting out your old PPOR is the fact that you are able to do this for up to 6 yrs before incurring any capital gains tax.

Cheers,
Pro-Active

http://www.invested.com.au Australia’s premier Investor Education site

Should you wish to go down the self management path (which I wouldn’t recommend for your first property) consider reading Suzi Bilosh’s book: THE AUSTRALIAN LANDLORDS HANDBOOK as it’s fairly straightforward. Keep in mind that legislation does change and so you’ll need to be aware of the current legislation regarding tenancies.
Look that info up…[Read more]

Sorry Shade- I should have been more specific- was in a rush when I penned that last post!
The article is actually under the Education heading at the top of the page, but you need to be a member to access the whole article. As you can appreciate, such items take time and research to write. There is an annual membership fee to the site, where you…[Read more]

Originally posted by Octagonal:
I have no eperience in property investment except for the property which I live in and now fully own
I have been reading Jan Somers type books for about six weeks and finding it a bit daunting.
Has anyone had experience with using a Buyers advocate who will seek out requested property types and charge a 1 to 2…[Read more]

Try these sites for more specific NZ info with other investors and landlords:

http://www.landlords.co.nz

http://www.propertytalk.com/component/option,com_frontpage/Itemid,1/

Cheers,
Pro-Active

http://www.invested.com.au Australia’s premier Investor Education site

Hi Shade
Real estate sales agents won’t manage your property- property managers will. However, as most of these are employed within RE offices, it’s easy to confuse the two.
PM’s are specialists in renting and finding tenants and will be able to provide you with more specific information than a REA can about current vacancies, tenant preferences…[Read more]

We had a pool installed 5 yrs ago and have never regretted it.
With three young chn and a summer full of activity, the pool has been terrific.
Don’t view it as an investment in money, however, as it’s more of a lifestyle choice.
Would also highly recommend solar heating to extend life of the swimming season as well. Even I swim now

Cheers,
Pro-A…[Read more]

I would be employing the services of an experienced, local and enthusiastic PM close to completion stage, to help you in your quest.
Make it easier for him/her by supplying plans and as much information as possible about each unit (including proximity to amenities etc) so that tenants can easily see what the completed product will look like.
Don’t…[Read more]

I still think the prize for the worst name goes to Frank Zappa for naming his child Moon Unit. That was just plain mean!

Cheers,
Pro-Active

http://www.invested.com.au Australia’s premier Investor Education site

Set your goals.
Where do you want to be in how many years?
Be specific about what level of income you need to have when you finish work.
How much can you afford to put into investments now?
What investments suit your personality and your level of risk?
Get educated about investments overall, not just property.
Read all you can about what financial…[Read more]

Paranoid? Me?
Who said that? When? Where? I want details….
LOL
Only being overly cautious, guys. Maybe I’ve been offered one too many “freebies” in my time that have turned out to be anything but…..
Anyway, looking forward (honestly!) to hearing the reviews from all those who go. I like Anthony Robbins as much as the next…[Read more]

Hi Jenny
Sorry to hear about your situation. Unfortunately, however, it’s all too common when investors have flooded the market and created an oversupply. Even though this may only be temporary, you still have to be able to afford to carry the losses.
My suggestion would be to hire a really good pro-active PM (ask the right questions and make…[Read more]

Hmmm…… sounds something like that. Saw these tickets also being offered on Somersoft. There’s always a catch somewhere

Cheers,
Pro-Active

http://www.invested.com.au Australia’s premier Investor Education site

http://www.residex.com.au

Cheers,
Pro-Active

http://www.invested.com.au Australia’s premier Investor Education site

Don’t know who Peter is , but I know Steve Navra and his workshops and techniques have received a lot of attention and positive feedback. (not to mention great returns!)
You can read about him more on his own site (www.navrainvest.com.au) as well as the ones where he has posted and is active in discussions (www.somersoft.com.au and…[Read more]

LifeX
At least you’ve learnt from your experience, are ready to admit it, and have moved on.
Congratulations! You’re on a lot further than all those other investors who are blind to the thorns.
And Quiggles is spot on when he discusses the importance of updating your team. It is truly an evolving and ever changing process of getting the right…[Read more]

The best form of mentoring, in my humble opinion, begins from education. Start investing some time and money into books, seminars and websites that are investor related as they can teach you so much alone.
The wealth of knowledge and the library of experience that comes from these sources really will provide you with the necessary tools to begin…[Read more]

Hi Erwanjg
It can be very frustrating, can’t it? You learn about all these ways to make money through investments, yet you can only save so much.
As hard as it may sound, I would recommend, at this point in time, that you ideally need to save more, particularly if you’re wanting to invest in property. There are more effective ways and tips about…[Read more]

Forums are another way to learn so much from your fellow investors, and the amount of information is outstanding! Look for professionals who frequent them, as well as other investors, so you can pick up some great advice/tips as well.
I have over 60 investing books in my personal library, have attended heaps of seminars, workshops and even free…[Read more]

Originally posted by grossrealisation:
hi all
whats the difference between this and bird dogging.
teach me

As they told me bird dogger was a searcher

here to help

A buyers agent must be appropriately licensed (here in NSW anyway) to act on behalf of buyers. They must either hold a full RE licence or a restricted licence, which allows them to…[Read more]