SuccessPlanner replied to the topic Wrappers needed in the forum Creative Investing 20 years, 3 months ago
hi Simon,
Anytime you have someone – I’m still keen!
Kind regards,
KirstenSuccessPlanner replied to the topic Wrap Deal in the forum No Subject 20 years, 3 months ago
Hi Saicci and WallFlower…
Many thanks for your help. I now have a really good idea how to structure the deals. Just need one now….
Kind regards,
KirstenSuccessPlanner replied to the topic [moved] Development in the forum Value Adding 20 years, 3 months ago
Hi Kattan,
I have just ordered Trust Magic, so I’m sure I’ll learn more from that, but if you can explain, then I’d really appreciate it as I’ve set up a trust and want to use it to it’s full advantage. When you say:
“It is under a Trust structure hence no worries re Cap Gains.”
What do you mean ‘no worries’? Is it possible to buy in the name…[Read more]
SuccessPlanner replied to the topic [moved] Development in the forum Value Adding 20 years, 3 months ago
Hi Kattan,
I have just ordered Trust Magic, so I’m sure I’ll learn more from that, but if you can explain, then I’d really appreciate it as I’ve set up a trust and want to use it to it’s full advantage. When you say:
“It is under a Trust structure hence no worries re Cap Gains.”
What do you mean ‘no worries’? Is it possible to buy in the name…[Read more]
SuccessPlanner replied to the topic JV Agreement in the forum Help Needed! 20 years, 3 months ago
ahh that’s solicitor not solitor….
[withstupid]SuccessPlanner replied to the topic JV Agreement in the forum Help Needed! 20 years, 3 months ago
I;ve never done a JV, but I would think that a solitor would be the best person to advise you and draw up an agreement and put property into the correct names etc.
Hope this helps
Kirsten[aacool]SuccessPlanner replied to the topic Commercial loan in the forum No Subject 20 years, 3 months ago
Hi Andrew,
As Silver said, make sure the figures are correct. We’ve found that often management wages are not taken out (if previously owner-occupied) thus showing much larger profit than was actually achieved.
What about finding a fellow investor if you can’t get a better loan deal?
I’m interested in any good deals.
Kind regards,
KirstenSuccessPlanner replied to the topic What to do with a -ve geared property … in the forum Help Needed! 20 years, 3 months ago
Hi Bennido….
Gee, you’ve really got the energy around here pumping with your post!
We also bought our first IP (in Kirribilli) -vely geared. We got in and renovated, and used the added value to refinance and renovate our PPOR.
These days, 4-5 years later, the IP is still slightly -vely geared, on an interest-only loan.
Right now, my husband…[Read more]
SuccessPlanner replied to the topic High Yield Properties in the forum General Property 20 years, 4 months ago
Hi all,
I’m dismayed at the negative responses that 1hotvaluer is getting. I agree that there are properties out there – I’ve found them myself – with a 10% or greater yeild.
Negativity will confirm all your fears though – so keep going guys if you need to.
Kirsten
SuccessPlanner replied to the topic Leasehold Property in the forum No Subject 20 years, 4 months ago
Hi Simon and Crest,
It’s in NZ. How do I find out the leasehold terms? does it mean that the property is leased back to an entity or does it mean that the land is leased for a set term, and if so, what happens when that term ends?
I think I need to do some reading!
Kirsten
SuccessPlanner replied to the topic ESC (Richmastery) ? in the forum Heads Up! 20 years, 5 months ago
Hi Mini,
Thanks for all the great advice!
I’m interested in any ideas that can assist me along the way to investing and becoming financially independant.
How do I find out more about you and your friends? I have some friends spread around NZ that can do inspections for me….but mostly not in the areas that I’m looking.
Kind…[Read more]
SuccessPlanner replied to the topic ESC (Richmastery) ? in the forum Heads Up! 20 years, 5 months ago
Hi Westan,
Thanks for the sympathy. I was looking in Rotorua…but I fear that I got there too late. Also, as a city it really didn’t appeal to me. Is aesthetics/habitants/smell a good enough reason for being turned off investments? Or am I being too emotionally based?Tokoroa was the place that I was all prepared to go and buy 3 or 4 properties…[Read more]
SuccessPlanner replied to the topic ESC (Richmastery) ? in the forum Heads Up! 20 years, 5 months ago
Thanks Yack,
After making a few enquiries today, I can see what you’re saying. Some of the figures weren’t really there with one property I looked at and the finders fees were more than I spend on a holiday in which I could combine property searching. However, it is of use to get an indication of what areas to look in.
I’m wondering if this is for…[Read more]SuccessPlanner replied to the topic ESC (Richmastery) ? in the forum Heads Up! 20 years, 5 months ago
Hi All,
I’m really keen to get investing also. I recently went to NZ and I was pretty disheartened at what was (or wasn’t) available. However, it was a first trip, and I know have set up a good structure for investing and have learnt a great deal.
….I’ve been looking at the richmastery site. The properties that they have look good for positive…[Read more]
SuccessPlanner replied to the topic Avoiding stamp duty – help for a pensioner in the forum Creative Investing 20 years, 5 months ago
Hi…
It may sound crazy, but she could rent a smaller house closer to shops etc and with the money gained from selling her other house (tax-free) she could set up a trust and you could assist her in investing that money. Perhaps you could both invest money in the trust evenly.
I believe that one must sell their property at market value. The…[Read more]