Hi again Jancrows

I was hoping someone smarter than me would have posted a reply by now.

Perhaps they are all out looking at property this morning??

Sounds to me like your partner needs to talk to his accountant and ask a few more questions.

Genarally speaking it is cheaper to pay cash for equipment but i think it depends if you want title to…[Read more]

Chattel Mortgage

Also called bill of sale.

I have machinery that I have purchased under a bill of sale for my business. Payments over 5 years and title to it at the end.

My accountant advised me to do it this way because of the GST implications.

No doubt there are others here who can explain better.

What are you looking at doing

Cheers
Purse

HIIbuy

I appreciate how frank you are with your figures.
Your answer does not help my curiosity however.

I recieve hard copies of the Waikato Times Saturday print and I intend to focuss on this general area. I have business matters that are hard to get away from at present but plan to be in the area in about three weeks.

Purse

Thanks for the Link Ibuy

How has your Taupiri property performed over the 12 years or so?

I will Look into Pokeno as well.

Regards
Purse

Hello Ibuy

Tainui country

Does this mean these towns are all, or the majority, under a lease and not freehold titles?

One of the reasons I am curious about these towns is there relative proximity to Auckland and relatively low values.

Are there opportunities or …….no

Purse

Very thought provoking program.

One of the things that success comes from is doing things differently or being counter cyclical.

Perhaps being in cash and sitting patiently for the time being could prove fruitful if bis-shrapnel interest rate forecasts are accurate.

Over the years i have seen several people make predictions. Some have been…[Read more]

Hi there Max

I think it could be that the steel lintel above the window has rusted and expanded causing the crack.

I have seen this a lot in coastal areas.

The solution is to take the bricks out and drop the old lintel in the deepest part of the ocean and replace the lintel with one that will not cause the same thing to happen. A good bricky…[Read more]

Hi Ezy

I love the ambition in your post but I thought i would give you my 10 cents worth for what it is worth.

I had the same idea a few years back and decided to door knock a few prospects in my area kind of like agents do I guess. I knocked on about 20 different doors, got abused in thy fashion and had the life scared out of me by more than…[Read more]

I,m a Dairy farmer. I guess I specialise in buying run down dairy farms in the western district of Victoria, tidying them up and revaluing etc and buying again.

Kinda an outdoor get your hands dirty guy.

Dairy farming is in such a hole at the moment and a LOT of farmers are struggling so this all creates great buying eh! Well thats what i do.…[Read more]

My banker at the CBA gives me a copy of the valuation that the valuer has prepared and makes no bones about it.

I rang him and discussed what I wanted . The valuation was completed and I have my loan and a copy of the valuation.

I just retrieved it from my filing cabinet for another look.

Pursefattener

Near Timboon in West Victoria

Pursefattener

Yes, it’s a little frustrating researching propertys and getting your hopes up only to find you are unable to borrow what you thought you could.

Perhaps some of the mortgage brokers here might be able to guide us on what towns are difficult to get competitive finance for. Talking to my CBA banker here in Victoria, the best answer he can give…[Read more]

Many thanks for putting me in the picture.

Just another thing- Eventually when an investment property is sold in NZ, many years from now, can there be tax of a sort to pay as a result of claiming depreciation through the years?

I’m certainly no expert in this area.

At present, I am in the process of a purchase of three units in New…[Read more]

Well, what about marrying into royalty like Mary Donaldson, the potential next Queen of Denmark.
Anyone read the supplement to the Australian on Saturday?

She will have a life of great wealth & luxury.

And pressure…………

Pursefattener

Hi Misty

I once had a property on the market many years ago with an agent after only having a couple of appraisals done by agents . I had decided in my wisdom that I knew what my property was worth and wasn’t going to pay the valuers fee, haa haa!

Anyway, the place did not sell, and because it was my ppor and I was moving on with work, my…[Read more]

So would you have one done for any property you purchased over there and have it sorted before settlement?

Pursefattener

Hi Misty

I have found Terry Ryders book ‘Property Smart’ to be quite helpful with what you can expect state to state.It’s an easy to read book and a good reference (along with his other books).

Thought that might help.

Pursefattener

Hello, and thankyou for the helpful replys.

What would you expect to pay in fees for a schedule to be prepared and would you have one prepared on virtually any residential purchase in NZ?

I have wondered, that on a modest purchase ,it may be a case of robbing Peter to pay Paul???

Many Thanks
Pursefattener

I imagine that these business people who specialise in property management only, will tend to be located in the major cities where there is strong demand for their service . Smaller regional centres are less attractive for their service due to volume etc I expect.

My propertys are located in Warrnambool

Pursefattener

Hello Jaffasoft

I own propertys in Warrnambool, and also Hamilton(NZ)

Whats happening in Hamilton?

Pursefattener