i was talking to agents in victorian regional cities where i own and demand is still strong and prices have even gone up a little in the past 2 months i’ve been out of the country (No there is no relationship between me moving away and prices rising) [].
so even if the major markets in Australia (capital cities) are struggling as we…[Read more]
your situation highlights the advantage of owning in a family trust. Large profits can be distributed to family members and paid at there tax rates, the effect can be a saving of thousands perhaps tens of thousands depending on the situation.
regards westan
I find +ve cashflow deals in New Zealand which I sell to other…[Read more]
i think its best to get finance on your nz properties, and keep your cash for future investments, if this is your wish i recommend
steve crane http://www.mobilemortgagemarket.com.au/
i know a lot of very happy customers of his.
regards westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my…[Read more]
firstly all the best with your new quest in the world ofinvesting in real estate. you are in a great positiona healthy income and young make the most of these years you will be rewarded in the years ahead.
there is a lot of different opinions on this forum and i suppose we all favout the type of investing that…[Read more]
Another great victory for the Kiwi’s in a reduced over one day game. Once again the Kiwi’s set up a win only to nearly blow it thanks to some average bowling and big hitting by the South Africans. the kiwis just got over the line. This makes history here in NZ it’s the first time the Kiwi’s have ever won a cricket series.[]
Well actually the…[Read more]
you will have to pay CGT but remember 1/2 of the profit is tax free, so you will pay tax on $100,000 so at the highest tax rate of 47 cents in the dollar. so on 100,000 at 47 cents in the dollar you will be paying $47,000 on your 200,000 profit.
what does that do to your figures for your next project.
Hi i’ve got a friend who gets houses built for him in the ballarat area for $650 per sq meter and he does the finishing painting etc. genearlly it will cost $800- 1000 depending on the quality of the fittings etc, obviously a large home with open living ares will be cheaper per sq than a town house with 2 bthroom and small living areas.
and Marc, i think you’ll find Jesus spend more time talking about what we can do for others rather than do for ourselves. I also think we need to be careful not to see God as a Santa Claus character. we know that bad things happen to Good people. Thinking the right things never gaurantees anything. If you are fortunate to have money, the…[Read more]
the aussie s had another fine result in the cricket even the umpires couldn’t help the Sri Lankans this time. Top effort by Kasp. (how do you spell it) 5 wickets and Gilly 6 behind the stumps.[^]
thats the series to Australia.
Now as custodian of the scoreboard NZ v Oz i will work it out later
Rugbyman the Clutha River has about the same…[Read more]
i don’t know the specific property you are talking about and i really don’t know the Auckland market so the following are just general statements, Michael might be the best one on this.
the NZ press often stress’ that there is an impending oversupply of units in Auckland (much like what i heard in OZ about Melb and that other city ,…[Read more]
you might be onto something with this one. Look at what sea change did to Barwon Heads in Victoria (Victorians will know it sent prices through the roof). I know England is a long way away but the pomms are out in force buying in NZ. Perhaps it will attract some investors to Bundy.
By the way people you need to look in the achive…[Read more]
yesterday i made a joke about “hanging out with the kinder mums”. Guess what i did today ? YES. i had to help my 3year old was going with the kinder to the local motorbike shop, and they needed helpers.
westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to…[Read more]