westan replied to the topic Concerns for Buffalo/Rochester in the forum General Property 19 years, 3 months ago
Hi Guys
Ozi most of the factual information you say is correct. I first became aware of the opportunities in New York State in May 2004. So i did a bit of research and discovered a lot of negative about Buffalo (things we have always lotd our clients). This actually put me off Buffalo for sometime while i investigated other areas of the US. I…[Read more]
westan replied to the topic Billionaire Hart’s Rank Group grabs control of CHH in the forum Overseas Deals 19 years, 3 months ago
Thanks Muppet
good to see you here again, keep us informed on how it will affect Tokoroa.
I think they own the Paper Mill at Millicent in South Australia also ??
regards westan
http://www.nzpropertytogo.com
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Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.comwestan replied to the topic Prices continue to Rise in Southland in the forum Overseas Deals 19 years, 3 months ago
Hi Don
i’ve not been to Invercargill for a while, my understanding is its getting hard to find properties showing 9% returns, what are your thoughts ?
regards westan
http://www.nzpropertytogo.com
check it out !
Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.comwestan replied to the topic Positive cashflow with commission house. in the forum Help Needed! 19 years, 3 months ago
Hi maruco
i think what we have here(from the information supplied) is a home that was originally built by the Government. Over the years these were sold off to the tenants (lower income people and first home buyers and often young families). In the 1990’s the State Governments who owned these properties began a program of selling them off on the…[Read more]
westan replied to the topic Where are the bargains at? in the forum Opinionated! 19 years, 3 months ago
Hi Snowball
i started buying in NZ in 2003 at one time i owned about 25 properties, however i’m now selling (usually for double the price i bought at).
The NZ market still has some great deals but they are harder to find.
Personally i love the US. That why i’m selling in NZ, i’m taking my investment Dollars to the States. I’d love to live there…[Read more]westan replied to the topic How much will you get when you retire? in the forum Overseas Deals 19 years, 3 months ago
Hi Donna
from my discussion with Kiwi’s they are are no where near prepared for retirement years. Even less ready than us Aussies.
regards westan
http://www.nzpropertytogo.com
check it out !
Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.comwestan replied to the topic ADVICE NEEDED (please) in the forum Help Needed! 19 years, 3 months ago
Hi Pabbs
Steve “Mobile Mortgage” has a fantastic reputation, well worth a meeting he lives in Geelong.
Just for the record Simon also has an excellent reputation
regards westan
http://www.nzpropertytogo.com
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Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.comwestan replied to the topic “Bird Dog” advice needed in the forum Help Needed! 19 years, 3 months ago
Hi Mary
i’m inclined to agree with Dr X. Its better to have success with your own investing first. I “retired” as a result of my own investing before i started sourcing properties for others. Having a history in real estate either as an agent, a valuer or something along those lines is very valuable.
While having a track record helps having no…[Read more]
westan replied to the topic Positive cashflow with commission house. in the forum Help Needed! 19 years, 3 months ago
Hi Maruco
i’ve bought a lot of commission homes over the years in Victoria and SA. But sold them over the past 2 years, i only have 2 left.
I few positives and negatives and thing to be aware of.
Positives
they are usually good solid homes, low maintence and cheap to hold.Negatives
they are in poorer areas of town and less desirable for the…[Read more]westan replied to the topic How do I work out +CF % in the forum General Property 19 years, 3 months ago
ok jensshed
this is how i’d work it out
Income per year 48 weeks @ 80pw = $3840
less
interest (29,000 plus costs 2,000)
7% =2,170
Rates and water 800
insurance 300
Management 9% of rent 3,840 = 345
Repairs 300
TOTAL…[Read more]westan replied to the topic I’m looking to invest in property in Bulgaria in the forum No Subject 19 years, 3 months ago
Hi all
anus_lj and fapper_wyf, are you sure you didn’t set up this thread as a way of promoting some business you guys are doing in Bulgaria with “premier apartments” ???
regards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic I’m looking to invest in property in Bulgaria in the forum Help Needed! 19 years, 3 months ago
Hi Anus Lj
I’ve never been to Bulgaria and have only briefly looked at the market, but i have a like info for you. But i can’t remember where i got this info.
This is what i can share on the pro’s of Bulgaria,
Before you see the pro’s the big negative is
Foreigners as persons can acquire only buildings, but not land. Only Bulgarian citizens and…[Read more]westan replied to the topic Where is every one? in the forum General Property 19 years, 3 months ago
Hi Resiwealth
Actually Bris/Gold Coast is the second fastest growing area in the WORLD.
Actually its not. It’s No-where near the top on a world scale.
don’t believe the QLD propaganda machine, Brisbane isn’t even the fastest growing city in Australia MELBOURNE is Auistralia’s fastest growing city, Yes it is !
Melbourne SD recorded the largest…[Read more]
westan replied to the topic relocateable house in the forum Value Adding 19 years, 3 months ago
Hi Crashy
welcome back to the forum, havn’t see you for years.
sorry this is off the topic
How is the positive geared share investing going ? in 2003 it was all new for you now have a few years experience under the belt, Can you give us some feed back ?regards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic Greymouth in the forum Overseas Deals 19 years, 3 months ago
Hi Kerwyn
you are right about a “torando” ittting greymouth recently, as far a a repution for strong wind damage that’s news to me, i’ve not heard that before (but that doesn’t mean its not true). I thought it was a freak event ?
regards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic More Good news for marton in the forum Overseas Deals 19 years, 3 months ago
Hi cymberlineshakespeare
email me at westanjohnson@hotmail.com and i can add you to our USA database we have lots of information that i can email to you. I’ve been buying in two states Texas and New York state. Returns are about 15-22%.
regards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic Richmond is a DADDY!! in the forum Forum Frolic 19 years, 3 months ago
Hi Richmond
great news ! and fantastic pictures.
it doesn’t seem that long ago we were wishing you guys all the best for the wedding, but on thinking about it, it must be 2 years ago.
All the best to you all
God Blessregards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic Women Talk in the forum Forum Frolic 19 years, 3 months ago
westan replied to the topic Australian Women in the forum Forum Frolic 19 years, 3 months ago
Hi brisbane 04,
it a good joke that one, i heard it for the first time last night (what a coincidence).
i’m running a marriage course at a church i’m involved with i think i’ll find somewhere i can use it.
regards westan
http://www.nzpropertytogo.com
check it out !westan replied to the topic US market has peaked, I’m getting out!!! in the forum Forum Frolic 19 years, 3 months ago
Hi G7
some nice properties there. I was in some of those areas a few weeks ago. 5th Ave New York suprised me i expected a lot more “Glamour”.
Yes it would be nice to have those properties in a portfolio.
I’ll swap my Castle in Scotland for them. Oh and i’ll throw in a bridge in Sydney.
regards westan
http://www.nzpropertytogo.com
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