westan replied to the topic Lots of Interesting news in NZ… in the forum Overseas Deals 18 years, 5 months ago
Hi guys
kiwifella , how come i’m back on track, i haven’t changed what i’ve been saying for the past 8 month (have i ?)
Regarding the prices drop, down forget that prices have risen in country town largely to investor sentiment, supply and demand. What happens to the price when the investor pull their heads in ? Which will happen (is…[Read more]
westan replied to the topic Lots of Interesting news in NZ… in the forum Overseas Deals 18 years, 5 months ago
Hi Kiwifella
it appears the point your missing in this report and the effect if it comes true is that the market will drop; Now is not the time to be buying !
As i’ve been saying for months why buy at the top of the cycle when you can come back in a year or two (or more) and buy the same house for cheaper. Personally i think the investor who…[Read more]
westan replied to the topic US property – Depreciation in the forum No Subject 18 years, 5 months ago
Hey Luke
that guys got a great website. I’ll spend some time looking over the next few days.
regards westan
USA deals, cash flow equity and capital growth all in one property.
International Property Consulting Pty/Ltd.
Property Investing New Zealand Ltd
http://www.iproperty.net.auwestan replied to the topic NZ Data in the forum No Subject 18 years, 5 months ago
Hi all
good to see price rises in Sothland.
Regarding the first stories posted by Don
Lets read what they are really saying, I didn’t see to much to get excited about in those stories, It looks like NZ will still under perform the rest of the world.
0zi maybe you should read those stories again, when you make comments like Sounds like some…[Read more]
westan replied to the topic necessary to have US bank account? in the forum Overseas Deals 18 years, 5 months ago
Hi guys
i spoke with Ben today, we are going to have a follow up meeting (phone) on Friday morning, i’ll give you all an update then
regards westan
USA deals, cash flow equity and capital growth all in one property.
International Property Consulting Pty/Ltd.
Property Investing New Zealand Ltd
http://www.iproperty.net.auwestan replied to the topic One investment – what now? in the forum Help Needed! 18 years, 5 months ago
Hi T
i suggest you read as much about investing as possible. Work out what strategy you feel is something that will work for you. For instance some people love creating wealth by renovating properties, others don’t.
Remember with the FHOG you need to live in the home.
what your asking is not possible to be answered in a forum, surround yourself…[Read more]
westan replied to the topic Guidance please. in the forum Overseas Deals 18 years, 5 months ago
have a great time
July in San Antonio, its going to be HOT !
Thomas i’ve just updated my Report on San Antonio, if you’d like to see why we are active there email me at westanjohnson@hotmail.com and i’ll forwrad ot to you
(anyone else is also welcome to it)regards westan
USA deals, cash flow equity and capital growth all in one…[Read more]
westan replied to the topic Guidance please. in the forum Overseas Deals 18 years, 5 months ago
Hi Thomas
sorry if i came across critical, i’m not intending to be. I was just giving you some info in case you didn’t know that. As far as being critical quite the contrary I’m in fact a real fan of San Antonio, and i believe you will do well by investing there.
Like your self i also own in San Antonio, my private clients know we have been…[Read more]
westan replied to the topic Guidance please. in the forum Overseas Deals 18 years, 5 months ago
Hey thomas
just be aware of one potential hick up with your startegy . When you go to do a “cash out” refinance the best you will get is 60 or 65% of the appraised value (can’t remember of the top of my head which it is, its midnight).
so a 85K valuation ot 65% cash out means a loan of 55,000 so you will still have 15 k in the deal. (on the 70k…[Read more]
westan replied to the topic OT: New Zealand – plane tickets and shipping cars in the forum Overseas Deals 18 years, 5 months ago
Hi justallen
when i moved to NZ in late 2003 i took my 2001 falcon there as Australian imported cars are a lot more expensive in NZ than here in Oz. At that time my car was worth about $16000 in Oz yet worth $26,000 in NZ. You might be better taking your car there and selling it !
If you decide to take a car to NZ let me know and i’ll pass on…[Read more]
westan replied to the topic Texas Market in the forum Overseas Deals 18 years, 5 months ago
Hi Andrew
Your will need to get Kelly details through me. Kelly works exclusively for us, and i’m very protective of her time. If you want to invest in Texas i suggest you contact me and i’ll expliain everything you need to know about investing in the USA. If you then decide investing in the US is something you want to pursue, i’m more than…[Read more]
westan replied to the topic Where in USA have you purchased? in the forum Overseas Deals 18 years, 5 months ago
Hi Luke
yes i caught up with Lisa and was impressed with Nashville. Lisa has some good opportunities in front of her , i am doing a deal with her now (my own deal), will let you know how it goes. At this stage i want to work Nashville as a flip, But i think things work equally well as a buy and hold.
Have you meet Lisa ?
regards westan
USA…[Read more]
westan replied to the topic Where in USA have you purchased? in the forum Overseas Deals 18 years, 5 months ago
Hi Guys
i’ve got properties and land in Texas, properties in New York state and about to get my first one in Nashville (doing aflip), Luke i’ll let you know how it goes. I arrived in Nashville in April the day a huge strom went through cousing Tornado’s (sorry thats another story) anyway i like Nashville it has tremendous opportunity (but i…[Read more]
westan replied to the topic Latest NZ Market News – FYI! in the forum Overseas Deals 18 years, 5 months ago
Hi Don
i’m still waiting to see what i’ve said that is wrong ? either out of date or wrong ?
When you make comments like that it implies i don’t know what i’m talking about. i stand by what i’ve said. Would you like me to post what the governor of the NZ Reserved Bank says about things or perhaps what the NZ treasurer says about the state of…[Read more]
westan replied to the topic US property help needed in the forum Overseas Deals 18 years, 5 months ago
Hi Will
what your after is a “Apostille Seal” i think you can get them through the Dept of Trade & Foreign Affairs. If your in Sydney and they are only available between 9am and 1pm, i believe.
Definition – Apostille is a French word which means a certification. It is commonly used in English to refer to the legalisation of a document for…[Read more]
westan replied to the topic Council Valuation in the forum Help Needed! 18 years, 6 months ago
Hi Gamay
in most situations i would say you are right. Phone another real estae agent and ask them what price are homes selling for in comparision to the ratable valuation. Also find out when the valuations were done.
regards westan
USA deals, cash flow equity and capital growth all in one property.
International Property Consulting…[Read more]westan replied to the topic Council Valuation in the forum Help Needed! 18 years, 6 months ago
HI Gamay
About 9 years ago the CBA was happy to use the Council valuation. Haven’t used them for a long time so don’t know if that is the case.
Brahms councils usually have two figures Unimproved value (land value) and improved value.
As far as using this as a valuation, well usually they are below market value so it wouldn’t be in your interest…[Read more]westan replied to the topic Husband – thou is a spendthrift! in the forum Help Needed! 18 years, 6 months ago
Hi Simon
I’m not saying mums who work are doing the wrong thing but i am saying if a mum wants to stay home she should be encouraged. Having a stay home wife- its amazing how they can be treated as inferior to working mums.
Simon, re the team work – this guy appears to be running the show his wishes are being met but not hers, thats what needs…[Read more]
westan replied to the topic Husband – thou is a spendthrift! in the forum Help Needed! 18 years, 6 months ago
Hi Caroline
i also want to say i disagree with Simons comments, your “value” as a stay home mum can’t be understated.
Janine, my wife has been a stay home Mum and on one income we were able to successfully create financial independance. And I was working as a school chaplain on a reasonable low income (compared to what i make now from my own…[Read more]
westan replied to the topic Husband – thou is a spendthrift! in the forum Help Needed! 18 years, 6 months ago
Hi Caroline
i agree with Jenny
Your marriage should be a partnership, just because he makes the money doesn’t mean he has control over it. It should all be a “joint decision”. I’m sure i don’t need to tell you that, but you need to discuss it openly with him so that he can understand the importance of investing for the benifit of both of…[Read more]
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