Wow advertising in my post complaining about advertising!

That sucks big time!

Has this site really gotten that bad?

Stupid comments and advertising everywhere!

What a poorly constructed site with very little value for true property investors.

Got to go now and ask a few people if they have seen any cash flow positive properties and then perhaps go to NZ and look for Steve and then follow him to the US. May take me…[Read more]

What CG did you acheive?

What do you consider to be zero?

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

But are they a good investment?

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

3) stack the contract and lie to the bank

[confused2] and how does one do this?

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi

I wouldn’t buy in Wembley at the moment.

Poor capital growth and low rents.

I’ve recently seen a one bedroom unit in Como $157,000 @ $185/pw. Good cash flow for the area and good capital growth.

Do a little more looking around.

The 11 sec solution isn’t the answer to everything.

Cheers

Scott

I live in Karratha and for a fee find…[Read more]

Cheers MiniMogul & peterhutchy

Good info, good thread.

[biggrin]

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi MiniMogul

Points well made, very good examples [happy3]

I think there is a lesson to be learnt there, that is isn’t just a simple “buy and let the cash flow in” approach you’ve actually added value to maintain a long term cf.

How easy is this for people to manage that don’t live in NZ, I assume you have some examples of good and bad situ…[Read more]

Hi

Ok, I’ve been looking at properties around 50k myself. My main concern is that I could be buying a “problem”, for example the place needs painting throughout and tiling work.

Now I understand that buying a problem and solving that problem is a way to make significant steps in investing, BUT (and I think it deserves a big BUT) there seems to…[Read more]

Robo: It sounds a little risky [skull]

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi

This “illegal” thing has come up a few times now..

I’ve done some research of my own and have found no issues doing this in WA.

For myself the legal issues I came across were that unlike NZ I can’t sign a contract and then hand it over to someone else, if my name is on the contract then it is me who is buying the property.

I assume things…[Read more]

Hi

Write down your plans and goals and stick them somewhere you’ll look at them regularly (I have mine near my pc). It helps me focus when things seem to be getting a little harder.

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi Everyone

I’m not overly concern myself.

Yes I’m heavily geared, but I’ve made choices over the pass few months to not only reduce my risk to rate rises but to also increase my capacity to save and buy more IPs.

I don’t think it’s a situation that people have to panic and become inactive in a hope that inactivity in the property market will…[Read more]

Thank FlyHigh.

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi

So I assume because your property manager doesn’t deduct tax you’ll get a letter from the NZ Tax Dept telling you how much you owe them at the end of the year.

Again I assume NZ and Aus have the same tax year?

So Aus investors must submit the tax return for NZ first declaring the NZ income. Then on receipt of the tax payment request submit…[Read more]

Try Here, they have a +cf calculator, this should help you a little [biggrin]

http://www.jaffasoft.com

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Hi Agile

You should be able to access your equity by arranging a LOC, then use these funds to invest in NZ.

This would however mean you owe money in OZ and NZ on the NZ property and therefore have some exposure to currency changes.

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our…[Read more]

Hi All

Cheers for the info and link.

I contacted the bank and I should get my refund in about 3-4 weeks.

It isn’t a lot, $295, but I’m very happy to be getting anything back at all + every little bit helps [biggrin]

Thanks

Scott

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

Just emailed those to everyone I work with.

V Funny

[thumbsupanim]

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

I’ve read that book – for one second I thought you were quoting a line as it sounded just like her.

V funny[thumbsupanim]

I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database