hi guys

It would be good to hear from a few more people. so come on share your veiws.

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 guys

don’t buy in invercargill.

IT’S MINE.[]

have a look around Qld there are some good deals apparently.

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 james

great question, one i tackle all the time.

my first goal with property investing was to generate enough cash so i don’t have to work. Now i am at that level i have to decide where i go from here. As a Christian i believe there is more to life that making money and being “setup” means i’m free to do whatever i want with my time. i’ve…[Read more]

hi KB

if it is a personal couch you need drop me aline. i have a good friend in Southern NSW who is about to retire on the income from his positive properties. I’m sure he would love to share his wisdom (but you may need to pay him). This guy has been in the market for along time and knows how to make property work. Anyway email me if this is…[Read more]

Hi Yack

i agree, that is usually my stategy but why not have a few more up your sleaves like.
Buy to fix up and flog off for a handy profit.
Buy well below real value hold on and flog off 12 months later for a nice profit.
Shift your asetts from one area that has done well to another that you expect to do well.
Buy and hold is good but not the…[Read more]

Hi Guys

yes i have also. As i’ve been saying on this forum for the past 6 months. I’ve sold about 12 properties in the expectation that the capital growth on these cash positive homes will plateau in the coming years. But i have reinvested this money in NZ where the market is still rising and returns are higher. i’ve bought 17 houses there…[Read more]

Hi all

just a hello from Property Guru and westan, (PG) is visiting Westan for a few days after spending time with Muppet up north.

bye 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 muppet can you drive fdown to Marton and see if my 3 houses there are still above water ?
seriously that’s bad news for those poor people, yesterday i was talking to a real estate agent who lives in Marton and she didn’t think she would be able to get home the bridge was washed away.

regards westan

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

Rugby

i’ll work it out tonight. I’ve got more important things to discuss, like river flow.
My brother who has seen the ord river says cars were driving through it !!!!
not the mighty river i had imagined, the Mighty CLUTHA RIVER is flowing strong all the time !
back to sport now will work it out later .

regards westan

I find +ve cashflow…[Read more]

hi rugby

thanks for the link i’ve just spent 30 minutes searching this topic. That link says it was the highest flow not the usual flow.the clutha’s peak was about 6,000 still short of the ords. the clutha does about 4,000 every 10 years.
when will they give river flows the recognition it deserves and start its own thread.
bye westn

I find +ve…[Read more]

yes rugby fan not really in the same league as the ord if those figures are right, quite tiny actually. I’ve never see the ord. alright its bigger than anything i’ve seen on the east coast.
Muppet more points for the Mighty Kiwi’s.
regards westan

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

Rugby
i live in Balclutha, a town on the Mighty Clutha river the biggest river in NZ and bigger than any i’ve seen in OZ 600+ cubic meters of water a second. Anyway we are on water restriction on our gardens because the towns pump isn’t good enough to deal with demand. So in summer we have water restriction and winter electricity…[Read more]

What replace the steam engine it’s still new, they think the diesel engine is just a passing fad. They are actually hoping someone will invent an electric engine so when power is introduced they can look into the possibilities there.
westan

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

WOW whata response plenty of action from you guys i started to think everyone had stopped buying.
lawry
since you asked i wouldn’t touch it, for starters it will cost you money in 3 ways
1. the rent will not cover the costs
2. the property is old and may have major repairs bill ahead
3. i don’t know Parkes but my guess would be prices have…[Read more]

thanks again Rugby fan

lucky i wasn’t going to the game, i’d be 200km away [8]

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 guys

i have some from 2002 at 5yrs 6.69% and some from 2003 3 yrs 6.19%

but haven’t bought any in oz for a long time so not looking at rates whats the best you can get now on 3 and 5 yrs?

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

thanks rugby fan [8D]

now i’m an expert.[]

we aren’t actually going to the game just his house, but i would like to go, that stadium carrisbrook is only 500 meters for an IP i own in dunedin. i think i might have to go for the highlanders then.
i spend half my time stiring up the locals but something serious like rugby i’d better be smart and…[Read more]

Hi all

thanks Rugbyfan another point for the aussies.

hey can someone fill me in a bit. i’m invited to watch a game of Rugby at a new friends house here in New zealand on friday night. All i know is the game is against Brisbane ??? i assume “we” are the otago team ??? Can someone fill me in .and is it rubgy league or union and who is the better…[Read more]

hi mel

yes you can buy insurance on shares it’svcalled buying options and it can be a good strategy for the experienced investor, but as with all insurances there is a cost so it dilutes your return. and contrary to someone else’s comments i do know the difference between writing and buying option.
regarding the asx data it is historical data…[Read more]

Hi mark

rather than righting off nz because it appears too hot i advise people to be careful. Because many investors are paying what i think is too much for properties (hey its happening worse in OZ)
i think when buying in a market when you can’t see what is happening (ie new Zealand) it is very importants to really do your homework. some area…[Read more]