Total Members: 159,215

westan

  • westan replied to the topic Portland in the forum No Subject 20 years, 3 months ago

    Hi Guys

    Rod thats correct a large windfarm project, there is also the manufacturing of some components which Caple Prince is building (I think), one other BIG thing in the pipe line is the prospect of a Huge Paper mill between Portland and Heywood, this would be a billion dollar project and may not happen for a decade but it was being talked…[Read more]

  • westan replied to the topic The sky is falling in! in the forum Opinionated! 20 years, 3 months ago

    Hi acey and shaun

    i read these reports with interest but
    they are usually written but broking ?investment houses that have a desire to talk down property in the hope that they can SELL their investment products.
    Rememeber these are the same guys why were telling us to Buy stocks and getting a kickback from there recommendations.
    I’m always…[Read more]

  • westan replied to the topic There’s better investments now than property in the forum Opinionated! 20 years, 3 months ago

    Hi Guys

    i agree with wayneL that we can’t expect to make too much from property in the next 5 years using the old strategies of buy and hold – and sit back and get richer and richer.
    Like a few others on the forum i’ve done well from property , but i have to admitt a lot of the initial success was just being in the market, Of the properties i…[Read more]

  • westan replied to the topic Looking for nice people in the forum Forum Frolic 20 years, 3 months ago

    Hi Leigh

    Not too many nice deeds out there. I know someone who lent $20,000 interest free to a guy so he and his family could buy their first home. The homebuyer was able to find a great deal also.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic There’s better investments now than property in the forum No Subject 20 years, 3 months ago

    Hi Rod

    I’m with you on those comments and it will be the ones who think that trading is a sure thing that will be burnt the worst.

    Take time to learn with small amounts of money.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic There’s better investments now than property in the forum No Subject 20 years, 3 months ago

    Yes Jet this one has been all over the place, i’m still wanting to reply to erika’s post about 3 pages ago[confused2], by the time i do she will have forgotton what the conversation was. Oh well its all fun.

    Lets reply now. Erika its not true that there is always warning that things are going bad. It happens all the time that a stock makes a…[Read more]

  • westan replied to the topic Welcome Back PropertyGuru! in the forum No Subject 20 years, 3 months ago

    congratulations PG

    look forward to seeing lots of little property guru’s.

    Is Jetdollars for real ?????

    westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic NZ Hikes Official Cash Rate 0.25% in the forum No Subject 20 years, 3 months ago

    Hi Michael

    thanks for your thoughts on this topic, i really appreciate your contribution to the forum. You bring a how new expertise to the discussion.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic There’s better investments now than property in the forum No Subject 20 years, 3 months ago

    Hi all

    Shares are as safe as houses if you go in with an open mind, do your research & select good companies – based on their management & approach. And you can call the CEOs or executive management of listed companies, you just need to pick the smaller caps who are more approachable.

    Sorry acey whatever happened to HIH, AMP, NAB, onetel, Air…[Read more]

  • westan replied to the topic Book launch… and you’re invited! in the forum General Property 20 years, 3 months ago

    Hi Steve

    how about Balclutha in New Zealand ??

    actually why don’t you realse book ONE in NZ as the strategies are all applicable here.

    Anyway all the best with the book, i look forward to it.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic My sob story in the forum General Property 20 years, 4 months ago

    Hi malachii

    do you have landlord insurance?

    Sorry to say it now but we should always have landlord insurance.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic Selling your property? Pleaase help! in the forum No Subject 20 years, 4 months ago

    Hi Alex

    i’ve never sold without an agent. But i’ve bought a few that were for sale privately and on all occasions they got way under what an agent would have got for them. So i’d make sure you know the real value of your home. Don’t try to save $6,000 and end up selling it for 15k below market.

    regards westan

    I live in New Zealand and for a…[Read more]

  • westan replied to the topic INTEREST RATES 9% 2005 6 in the forum No Subject 20 years, 4 months ago

    Hi guys

    Wayne i’m with you on that one, but more importantly as you say “have your affairs arranged accordingly”. I used to have a friend who said “you have to back your judgement”. While i partly agreed i’m not smart enough to get it right all the time. So i’d go with my judgement but build in as much “insurance” as i could incase i was…[Read more]

  • westan replied to the topic INTEREST RATES 9% 2005 6 in the forum General Property 20 years, 4 months ago

    Hey Yack the rise was only 1/10 of a percent.

    On another matter i’d love fixing my loans for 15 years at 5.49 %

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic The best way to go forward ? in the forum Help Needed! 20 years, 4 months ago

    Hi purplekiss

    yes they want to see your income profile. It’s the same as what banks do in oz.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic The best way to go forward ? in the forum No Subject 20 years, 4 months ago

    Hi hux

    i saw your post earlier but wanted to think it through a bit first.

    Yack has a good point about the finance for NZ properties be based in NZ. Normally i would not consider other options however the NZ interest rates are now higher than australia’s and maybe going higher. So the andvantage of having the debt based in Oz is lower interest…[Read more]

  • westan replied to the topic INTEREST RATES 9% 2005 6 in the forum General Property 20 years, 4 months ago

    Hi terry

    i can’t see that happening in the US either. I think they are in for some hard years.

    remember interest rates are still incredibly low over there. They could cope less with a 9% interest rate than we could.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to…[Read more]

  • westan replied to the topic Sat’s Rugby Test in the forum No Subject 20 years, 4 months ago

    Hi Rugbyfan

    very interesting stat. that one, i’d be very worried if i was an all black fan, 2 tries isn’t really going to cut it when they have to play in South africa and australia.

    where do they play the final ?

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join…[Read more]

  • westan replied to the topic Sequel … in the forum Heads Up! 20 years, 4 months ago

    Hi Muppet

    Ha, ha have a good laugh, it’s easy to make fun of someone you is ilit, illiet, iliterote [angry2]. Its not my fault that i had a denist appointment the day thay taught us how to spell.[blink]
    In reality my mum was a remedial english teacher- how does that work out ?[confused2]
    Anyway Yes i can’t spell but i’ve still got a degree so…[Read more]

  • westan replied to the topic INTEREST RATES 9% 2005 6 in the forum General Property 20 years, 4 months ago

    Hi Jon

    i really can’t see interest rates anywhere near that level. Inflation would need to be out of control for the RBA to lift the rates to a level that would

    1. Destroy the economy
    2. Destroy a governments chance of re-election

    Banks fixed rates should be seen as a bit of indication where they think the rates will be. If concerned lock in…[Read more]

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