Come on guys

you have to do it. i need more people to hang around with.[] most of the guys i’ve met in NZ are working, so i have to stay at home with the forum as company. i could hang out with the kinder mums but my wife wouldn’t see that as a good use of my time.[]
Actually i’m still busy but its great to have time to hang out with people like…[Read more]

will these developments lead to a whole new group of people looking to find income streams so they can retire earlier. This would push up house prices. or will the government be forced to dramatically increase imigration pushing up home prices? it may not be bad news completely.

regards westan

I find +ve cashflow deals in New Zealand which I…[Read more]

Hey i’m offended

i’m Baptist.[]

my last church was so convervative they banned sex because they said it could lead to dancing[]

regards 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 westanjohnson@hotmail.com

Hi Pieces

Good idea i’ve got lots to share but lets start with this one. i read your post after i started a new thread so i’ll repeat what i said.

Geelong will benifit from the Avalon airport. Long term tullamarine cannot expand and Melbounre will have to use Avalon to service the growing number of air…[Read more]

Hi all

george it wont help straight away but can you add some value to the homes, ie paint outside to somehow increase the value? then you can use the extra equity in these properties as the deposit for the next purchases.

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an…[Read more]

hi simon

i think you are on the right track, try to identify properties that are cash positive and have potential to increase in value. one stategy that i have used/still use is to find areas that will have some economic potential, such as a new industry. An example from last year was in Hamilton Vic, where a large minerals ands project was…[Read more]

Hi steve

as i’ve said heaps of times on this forum i couldn’t find any, more deals that worked well enough for me so i checked out NZ and liked what i saw. do some research and you maybe equaly impressed i actually own more IP’s in NZ, now up to 18 now. 8 years is way too long. at the beginning of 2002 i planned to retire in 7 years, i am 2…[Read more]

hi guys

i used to work in a school till Dec.(not as a teacher as a Chaplain)

you would be amazed how hard some teachers work, if they were paid by the hour they would be loaded. Holidays- heaps of teachers work through the holidays. as one teacher said to me you sit in an office with 25 clients all at the same time for 6 hours a day and see how…[Read more]

hey del, well done and you did it with quality posts thats worth and extra 1000. i know 2 guys who talk sport all the time[]

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 westanjohnson@hotmail.com

Hi del

well done, happy anniversary

it’s great to see you back posting more regularly, you have been one of the great people that have made this forum the top place it is.

regards 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 westanjohnson@hotmail.com

Hey Chan

i have a daugher aged 13 who complained that i spent too long on property stuff. Well last April she and her mother (my wife) went to europe for 5 weeks. she knows that she could never have done that on my old salary (couldn’t have paid for a 5 week travelcard in Melbourne).
Funny she looks at property very differently now.
Malachii did…[Read more]

hi AIA

i’m with james its hard to find financial planners who even understand property. they don’t even do a unit on property in there course[?]

i’d read this forum and you will learn more about property than anywhere.[^]
regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an…[Read more]

Simon

one word of caution if you plan to buy and make a quick $.
you will have alot of costs associated such as legal costs, stamp duty and then you will have legal and selling costs, sometimes the property would need to go up by 10% just to break even.
however if you buy well then go for it.
As robert Kyosaki says “the profit is made when you…[Read more]

hi guys

i’d still submitt the offer to the agent, however sometimes they will tell you that a higher offer has already been rejected. On some occasions it could be still worthwhile asking the agent to submitt the offer anyway as the circumstances of the vendor may have changed.

regards westan

I find +ve cashflow deals in New Zealand which I…[Read more]

hi all

i would suggest if you buy cash positive properties you set up a family trust.
when it comes to distributions you can give $416 per annum to each child and pay no tax. you will also discover the whole new world of deductions which will balance out the rest of the profit.
With the trust if there are more profits made they can be distributed…[Read more]

Hi SIS

love how those guys make predictions, from what i’ve seen in the past those guys have no idea. Neither do i by the way but at least i don’t claim to know.[:p]

regards 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 westanjohnson@hotmail.com

Malachii

well done thats a great return for that place. (i want mention the name in case you want to buy more)[]

yes it was my wife who didn’t want to buy there, i have no problems with the area. Up the road, next town, the properties i own if i was to buy them today would only show a 7% return, so you have done real well.[^]
regards westan

I…[Read more]

Hi pk

today i own 29 homes 12 in oz and 17 in NZ (where i’m now living). i started buying properties in Victoria country cities in 1997 and realized i’d got where i wanted to about mid last year. I used to enjoy my job but it’s funny what it does to your mind when you realise you don’t realy need to do it anymore. It’s funny there is another guy…[Read more]

Hi mini

thanks for the endorsement. i just want to say over the past 3 days i’ve spent time with 3 lots of Australians in Invercargill and all have bought (not all through me) one person 1 property, another guy 3 properties and the last couple bought 4. Invercargill actually is growing again. Last year Mini there were so many students some had…[Read more]

Hi PJ

welcome to the forum

this is a bit of blatant self promotion but why not look at New Zealand. I gave up looking in Oz early in 2003. There are many opportunities in New Zealand.If you are in Victoria i challange you to find a house returning 10% ina town over 10,000 people I’m sure it can’t be done.

regards westan

I find +ve cashflow…[Read more]