Yea,

Im actually in the process of contacting brokers etc. to get a see what the chances are. So far, with my income alone, it wont be possible. One option is to go into partership etc.

We’ll see how that goes.

Yea. Im in Aust. I know too well about the HECS

So the chances of me getting a student loan are not as good now? I doubt that they will lend me the money to invest in NZ?

Only one way to find out.

Yea, both my brother (17 year old) and i are way ahead of my other mates. Only one of my other mates has read “Rich dad poor dad”.

I wonder how much harder it would be to get a loan with a NZ bank, compared to Australia. Also, even if we did get a loan i wonder what the interest rates they would charge??

Only one way to find out i guess

Thanks CastleDreamer and Westan for your replies. Much appreciated.

Now hopefully its not too long before the ball gets rolling

Very interesting there waynel2. Good read. Thanks mate.

With regards to investing in NZ. I would probably prefer to invest there in the beggining due to the lower purchase prices involved. I work part time, so does my brother. However he is going to quit soon so he can concentrate on his yr 12 VCE.

One thing is that, between us we have saved a…[Read more]

Thanks for the replies.

Sounds like ill be joining some databases soon:) I’d like to get a feel for what kind of properties are accepted as +ve cashflow ones.

Now another, perhaps more silly, question. The main goal, i presume, is to source possitive cashflow properties. Now, seeing that the people living in Australia dont have the possiblity of…[Read more]

Thanks for the replies

I might actually get my dad started as well. He seems keen and interested from what ive told him. Plus we’re building a townhouse at the back of a property we’ve brought and renovating the front property.

Maybe by the time he buys a few houses, my brother and i would save up a bit more, and like you suggested unlock some…[Read more]

Hi.

First post here Great forum you have here guys/gals

After reading steves book im pumped up about the positive gearing thing. I know its a bit late, but im only 18 now, and thinking of investing with my brother.

Anyways. To the point. You say the spotters on these forums dont charge outrageous fees. What kind of fees are we talking about.…[Read more]