this strategy of finding good developments and buying in the area has in the last few years been one of my strategies and so far it has worked really well. I know how you feel, i don’t own in the area but i’ll join you for the fun go rocky.
westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be…[Read more]
i thought the Mag smelter was a dead duck, with cost blow outs, Magnesium international has struggled to get finance, so the project is unlikely to go ahead. At least thats what i thought the situation was afew months ago have things changed ?
regards westan
I find +ve cashflow deals in New Zealand which I sell to other investors.…[Read more]
i’m sure a US base will have a huge impact on a local economy, it would be a good bet that those who own in the area it happens in (if it does) will go well.
Personally i’d move out the idea of 5000 servicemen from the states excites me about as much as piles.
westan
I find +ve cashflow deals in New Zealand which…[Read more]
Boy this was completely counter productive, i started out trying to get mini’s post up and look what happened.[] since i started the tread can i delete it ?? and if i do does everyone loose there posting numbers for this thread.[:p]
anyone know how it works?
PS well done Kay you win the battle with that “.” post i think you will go down in…[Read more]
as a Kiwi (well sorta), i can speak with a little authority. Firstly never heard of this group. and haven’t even looked at Auckland as its very expensive. Having said that rent is really high in NZ.
the Lord of the ring, i have never heard of it mentioned in regard to property prices but as other have said it is hugef or tourism. i…[Read more]
but i’d buy true cash flow properties, ones that will give me 20% return on the cash i put into the deal, and ones that will appreciate in value.
Cash flow properties (i mean real ones not $1000 profit a year on $100,000 invested as Yack says thats not cash positive) have a number of advantages. One is the ability to…[Read more]
its a very imprecise thing, whenever buyers and sellers agree on a price then you have the market value. Some could equally argue that those you sold for a lesser price were fools because they undersold there properties.
Also with these reports they are median prices so unless you have 2 identical…[Read more]
peterp where are these homes that are selling for less than they were 15yrs ago in centers of 20-30000, can i gues Broken Hill? It would be hard to find anywere else.
Yack with all due respect i don’t think you have a clue about regionalcenters. have you been out of Melbourne recently ? No one is saying buy any area because the figure…[Read more]