TakeAction replied to the topic The benefits of property developing in the forum No Subject 19 years, 4 months ago
I would love to here from those of you who are capital rich and cashflow poor that are using Michaels strategy
of using Equity for cashflow ie borrowing against Equity as Michael describes below and how it is working for them.I can understand how it works over the longer term for good properties in goood capital growth areas as the Capital…[Read more]
TakeAction replied to the topic Tokoroa in the forum No Subject 19 years, 5 months ago
Hi all Aussies once again
It is great to be part of this very lively forum
with some very talented investorsI agree with many of the comments made
“there are good deals and bad deals in every town.”I totally agree’ and I guess there are hardluck stories everywhere.
Hey my comments were only comments and opinions held by some Aucklanders for…[Read more]
TakeAction replied to the topic Tokoroa in the forum Overseas Deals 19 years, 5 months ago
Hi All Aussies
As a Kiwi investor living in Auckland
What we hear up here is that
Mainly Australians are targeted as kiwis are aware of the downside of Tokoroa.
Sure the returns are great but beware of the
vacancy rates. Small town, one key dependant industry. No major or substantial new growth I am aware of.
I hate to put you off but all I…[Read more]
TakeAction replied to the topic NZ insurance info needed. in the forum Overseas Deals 19 years, 5 months ago
As a Kiwi in Auckland I have used both State Ins. and NZI with no problems with either. State is probably a little cheaper
Cheers
TakeAction