Hi Guys

my biggest mistake was not being fully focused on investing and putting a part of my finacial resource into renovating my own home. This was a time when the market was ripe for the picking and i should have been using every cent as investment dollars.

regards westan

We find cash positive deals showing 15-25% Returns in the USA email me…[Read more]

Very interesting,

it makes you realize how hard it will be for our younger generation (under 25’s) to partake in part of this nations wealth, (unless they inherit it). Given that a large part of people wealth is in Property i would assume that these people purchsed in at a time that real estae was a lot more affordable.

regards westan

We find…[Read more]

Hi Kerwyn

my first thoughts were this sounds like an urban Myth ?? Are you sure it happened to a client of your PM or someone she knows ???

What city did this happen in? i live in NZ (But i’ve been out of the country for 8 weeks), i’ve never heard of anyone having an insurance policy cancelled before. I’d like to find out if this is real, love…[Read more]

Hi Cama

i think the best way to acheive what you want is to get properties that will not only put money in your pocket but go up over the long term.

Now can that be done ?

i don’t think the Ouyen property would achieve either of these goals over the next 5 years.

I purchased a lot of homes in Victoria and South Australia from 1997-2003, and…[Read more]

hi cama

where do you live?

what is your goal in buying real estate
?

by the way i think victoria got a bucket load of rain in the past 2 weeks (hopefully in ouyen also)

regards westan

We find cash positive deals showing 15-25% Returns in the USA email me at westanjohnson@hotmail.com to join our database

Hi Redwing

i liked this one just told my wife who also enjoyed it. Now i’d better find some Kiwi’s who enjoyed it just as much !!

regards westan (the aussie in NZ)

We find cash positive deals showing 15-25% Returns in the USA email me at westanjohnson@hotmail.com to join our database

Hi h

they are considered Capital costs.

regards westan

We find cash positive deals showing 15-25% Returns in the USA email me at westanjohnson@hotmail.com to join our database

Hi all

Chef you said
What would stop you from going over to NZ for 6 months or so, where you automatically become a NZ resident and then distributed to yourself as a NZ resident. You could do it this way. If its a small sum, its probably not worth doing as my Australian accountant said, however if its a large sum like 100k, then I would live…[Read more]

Hi all

steve did a great job helping many of our clients with finance in NZ last year, he comes highly recommended by many people.

regards westan

We find cash positive deals showing 15-25% Returns in the USA email me at westanjohnson@hotmail.com to join our database

Hi the aimbot

firstly i’m an investor and not a real estate agent.
if sales is a passion then selling real estate will be a lot of fun for you.

But as an investor i don’t think that being an agent would add anything of real value to my investing skills or success. Most agents aren’t investors and are purely sales people, some forget this.

So i…[Read more]

Hi nigel

i’m aware that a few people are using some form of NZ Trusts to buy properties, this maybe one way of keeping the money in NZ, i’m not sure as i haven’t needed to investigate them. One risk is you have to hand over control of your assett (money) to NZ based directors.
however like i said if the entity is an australian one then you will…[Read more]

Hi macwa

in response to your question about he NZ market. I’ve been living in NZ for 18 months (moved over to make the most of the market and enjoy the country). Over the past 2 years i’ve bought about 25 properties in NZ for myself and about 100 for clients so i speak with a bit of experience.

The market has risen very strongly over the past…[Read more]

Hi Guys

the best thing to do is to phone around some property managers and find out the real state of affairs regarding the rental market. Just because a property is renting at $75 per week doesn’t mean you would get that again, it maybe lower or higher.
Property managers will also be able to give you a general feel for rental demand and prices.…[Read more]

Hi all

bkpenta, i think you should do some figures on the Port Pirie property, from my limited knowledge of the place therentals would not make a $100,000 property cash positive. Also check out about the future of the old pasminco smelter there, and about asbestos risks.
from purely as cash flow situation i don’t think Port pirie will make you…[Read more]

Hi Cama

i used it live in stawell in the Wimmera (sort of Ouyen way). The whole are has had large population loss (except Horsham and Stawell). According to department of Infrastructure reports i read a few years ago, when i was buying property in Victoria (pre 2003), the expectation was that places like Ouyen and Hopetoun would continue to…[Read more]

Hi liz

remember you will pay tax only on the actually profit the home makes for you.
If you buy through a C Corp , the idea would be to spend the profit so there is no tax payable. I’m not an accountant so check what i’m saying but if you use the profit for a trip to view the property then you will have no tax to pay.

One other option is to use…[Read more]

Hi Wayne and Bardon

i have just come home from 8 weeks in the USA, this was my 3rd trip in 6 months. One thing that really stands out to me is the diversity of prices in the USA. There are cities on the west coast like LA which are really high as are New York City and many of the East coast cities. Yet there are other areas where affordability…[Read more]

Hi Piggy

Our contacts from Buffalo were out in Oz recently, if this friend of yours has had problems and they are one of our clients please get them to contact Me ASAP so we can sort it out. There are many things that can cause frustration, but all can be solved with a bit of support. So please encourage your friend to be in touch.
As far as…[Read more]

Hi Guys

thanks to those who have mentioned me in relation to the sourcing of properties in the USA. I’m over in the States at the moment (holidaying this time with the family). But i can’t help myself with property and look forward to giving you guys some insights when i get home.
And yes i have added to my portfolio while i’ve been in the…[Read more]

Go tige’s

I’m off O/S for 8 weeks- keep this thread going you tiger supporters i want to come back and see the Might Richmond Tigers still in the 8. Should i book some tickets for September ? No your right. lets not get carried away.

bye westan

We find cash positive deals showing 15-25% Returns in the USA email me at…[Read more]