You guys crack me up.[thumbsup2][tongue]

have a lovely day together .[rolleyesanim][wink]

hey marc let us know how you buy property at a 55% discount[upsidedown][upsidedown][upsidedown]

regards westan

Hi michael

great response again. I remember hearing Dolf De roos make a comment on how the media loves the stock market but talks the property market down. This has stuck in my mind over the years and it is so true.
I’ve noticed if a journalist talks to one so called expert who says the market will slow down and 2 others who predict strong…[Read more]

Hi valken

sadly the days of buying in Adelaide for cash flow have gone.

even areas like Murray bridge and Mount Gambier will be difficult. You may need to look at Wyhalla or Port Augusta. I did about 3 years ago but founsd the number of empty homes off putting in Wyhalla and the tenant in Port Augusta a negative.
Try contacting Elders as the…[Read more]

LOL Kay

i can assure you he is not me. He sent me an email and said i had no credibility because i don’t have an website so i asked him to ask the forum.

Kay as far as having a bad day !!!! Needing affirmation ??? LOL more like a panadol after spending the day with the sons class on a bus trip to Dunedin.

regards westan

Hi Recovery man

please don’t use the spell checker. i love your spelling mistakes, if you fix them then i’ll be the worst speller on the forum.

bey wetnas
bye westan

Hi ken

20-30 years is a long time, why not do it in 5 years, it can be done.

Nothing against Vangaurd but why pay someone else to do it, read all you can, talk to those who have done it and fast track the process.

regards westan

Hi Tamara and Zippy

Some costs
conveyancing allow 1,000
Builder 300 – get the builder to check the LIM
so its not that different from oz
regards westan

Thanks Hux001

My brother is wrapped to be off to the game tomorrow night. Like you, he is a keen Kangaroo’s man. Being a Tigers supporter i’d like to see a Mapies defeat.

i must say i was rather disappointed with the rest of you guys didn’t even put in a bid

maybe next time

regards westan

Hi guys

yep i’m still buying at the moment, if the deals a good one why not. settle on 2 in two weeks. Having said that i will also continue to sell some more properties that have gone up so much i certainly wouldn’t be buying them at the price i’ll get.

regards westan

Hi GP

i wouldn’t take on a property just because it has a good tennant in place. The area has to be right as does the price and the rental income, a good tenant like yours would be a huge bonus.

regards westan

Hi Wilko

i haven’t heard of them. But i’d be careful of anyone who claims to be a property adviser who then tries to sell you property they are making money out off. I’m not saying these guys are doing it but lots are.

regards westan

come on all you property investors, how a bit of support for your favorite charity

i thought after a win the magpies would be out in force.

well i’ll up my bid to $125.

regards westan

Hi Marty

i was talking to an engineer friend last year and asked a similar question you have asked. he said he would be worried if the cracks ran right through the bricks rather than around them in the mortar.

regards westan

Hi Yack and Myydral

i started investing in 1997, sort of out of neccessity. I had just finished 4 years of studying at at Bible College in Melbourne and had started a job as a school chaplain in a country town called stawell. The job was for only 4 days a weeks so i needed to make some extra Cash (as we had 3 kids at that time). I had been…[Read more]

So Marc

you are going to by the building and lease it back to them at 12% with the option for them to buy it in 5 years, is that correct ?

So you will need a commercial loan and need to put in 30-40% and loan the rest is that right ?

on the surface it looks a good deal. But keep in mind that a lot of new business’s go bust in the first few…[Read more]

Well done david with the Fordlands Property[thumbsupanim]. as you are no doubt aware most property managers will not manage in that area. One property manager who looks after 300 properties and has 7 in Fordlands (by default, as the owner has 10 in other areas and he wants the whole business from them), he said he spends more time in the…[Read more]

Hi Muppet

i suppose it depends on whose report you read. The one out by Venture Southland stated the population will continue the upward trend ??
http://www.venturesouthland.co.nz,
i’m inclinded to agree with theres, but who knows ?
my thought are with some of the highest incomes in the country and the cheapest prices there is room for continued price…[Read more]

Hi Hux001

Nice thoughts well done, i can’t go to the game (because i live in NZ) but i’ll give $100 to Opportunity International, an organization that assists 3rd world communities develop themselves.

actually if i will i’ll take the tickets my brother goes for the Kanga’s and my brother in law the Magpies.

regards westan

Hi guys

over the time i’ve been on the forum (i long time)i see lots of people come and go. sometimes it’s quite then Steve does something on TV and there are hundreds of new people asking the same questions, the old timers get a bit sick of going over the same ground.

yack, sorry to hear about the recent drop in price, i thought you had a long…[Read more]

This site has been fantastic for me also.

before i found this place i had 5 children thanks to PI.com i haven’t had anymore. Thankyou PI.com

westan