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  • Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Thanks GGG for the info. I think you can only used your super to buy property to reside in not for investment.

    Regards

    Ricky

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi Holden,
    Thanks for confirming, Michael Yardney who is one of the guru’s in melbourne property said same thing.
    Michael,
    Thanks for you info, thanks for all your newsletter as well (I subscribe to them). Enjoyed it very much.

    Regards

    Rickster12

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi Mortgage Adviser and HolderCommodore,

    Thanks for the reply. The site was very informative.
    Holden, are you sure about selling property in melbourne dont require license if not getting commission?

    Regards

    Rickster12

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
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    Post Count: 17

    Hi Persistence,

    I bought IP last april and I put “Subject to Building and Pest inspection”. After I got the report from the Building and Pest Inspection there were a couple of things needs doing. I forward the report to my solicitor. The vendor then fixed the problem before settlement. Everyones happy and I bought the property

    Regards

    Rickters

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi Luckyone,
    What is PPOR again? Sorry im new to this.

    Thanks for the advises

    Profile photo of Ricksters12Ricksters12
    Member
    @ricksters12
    Join Date: 2004
    Post Count: 17

    So its better to pay I & P for your property investments? no Interest only?
    Thanks to all who replied

    Profile photo of Ricksters12Ricksters12
    Member
    @ricksters12
    Join Date: 2004
    Post Count: 17

    Yeah! Yeah! Kay has a very good point Sam. Buy more properties and get more rental income. This way you can also diversify your investment property to different locations. If all properties goes up in prices then you’ll be laughing all the way to the bank. Good Luck Sam!!!

    Profile photo of Ricksters12Ricksters12
    Member
    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi Ziggy,

    I agree with George 110% about contacting Westan. He is very helpful and will help you to get all the contacts you need in NZ.
    Im at the moment receiving listed properties in NZ fm Westan and his been great so far providing me with all the details I need.
    Good Luck!!!
    Ricksters12

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Thanks Judi and Simon for your time. I have already finance in place.
    Would anyone know any good solicitor in Gold Coast Area?
    Have a good day everyone!!!

    Profile photo of Ricksters12Ricksters12
    Member
    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi Chan$$$,
    Good question, I will ask that same question when I have a meeting with them.
    Thanks Chan$$$

    Ricksters

    Profile photo of Ricksters12Ricksters12
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    @ricksters12
    Join Date: 2004
    Post Count: 17

    Hi,
    Did you end up buying in Auckland. I have heard that Waterfront in Auckland is quite cheap and might go up in prices soon like in sydney. Is this correct?

    Regards
    ricky

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